Cameron Stephens adds CMHC-insured commercial mortgage financing to its conventional lending platform, expanding borrower options across construction and term solutions.
TORONTO, September 08, 2026–(BUSINESS WIRE)–Cameron Stephens Mortgage Capital Ltd. (“Cameron Stephens”), a leading Canadian commercial real estate investment manager, today announced that it has been approved by Canada Mortgage and Housing Corporation (CMHC) as an NHA Approved Lender for the underwriting and administration of multi-unit residential properties of 5+ units in the provinces of Alberta, British Columbia, Manitoba, and Ontario under the National Housing Act.
This allows the firm to add CMHC-insured commercial mortgage financing to its existing lending platform. The move gives borrowers access to lower-cost, longer-amortization, government-backed financing options alongside the firm’s established conventional mortgage products.
Canada is facing a generational housing supply challenge, and CMHC-insured financing has become one of the most powerful tools available to address it. This expansion comes at a pivotal moment for Canadian real estate development, as the urban condominium market has experienced a sharp and prolonged contraction.
Across the country, developers who built their business models around presale condo financing are reassessing their strategies. Many are converting stalled condo projects to purpose-built rental, while others are pursuing rental from the outset as a more viable path forward. According to CMHC, national housing starts rose 5.6% in 2025 to 259,028 units, driven by a second consecutive year of record rental construction that now accounts for just over half of all urban starts. This trend continues to support demand for CMHC-insured financing solutions.
For developers and property owners seeking to finance multi-unit residential projects, CMHC-insured loans offer meaningful advantages: lower interest rates, higher loan-to-value ratios, and amortization periods of up to 50 years. Cameron Stephens is now positioned to deliver these benefits directly to its clients, through a platform built for speed, certainty, and expertise.
“Adding CMHC-insured lending to our platform is a natural extension of what we have been building for over 20 years. Our borrowers are navigating one of the most complex financing environments in recent memory, and they need a lender who can offer a full range of financing solutions. This gives us that capability, allowing us to provide true end-to-end service to our clients.”
