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Partner as an LP on Canadian Multi-Family Housing.

Limited-partner equity in multi-family and social-housing projects — typically from $100,000, with a 2–5 year hold. We review GP, financing (including CMHC MLI Select where it applies), and partnership terms on a private pipeline call. No published yields.

Book a Pipeline Review Get the Partnership Overview
1

Review Projects

See upcoming developments with financial projections and equity structure

2

Become a Partner

Capital is secured via partnership agreement with clear terms and protections

3

Receive Distributions

Distributions may be paid as the project progresses, per the partnership agreement discussed on your strategy call.

Our Edge

The "MLI Select" Advantage

By utilizing the CMHC MLI Select program, we secure 95% LTV financing with 50-year amortizations on our projects — allowing partner capital to go further.

Maximum Leverage

95% LTV financing means partner capital can support larger projects with lower debt-service costs during construction and stabilization.

Lower Interest Rates

CMHC-insured financing comes with preferential rates compared to conventional construction loans, improving project economics from day one.

Social Responsibility

MLI Select rewards projects that deliver energy efficiency, accessibility, and affordability — aligning project economics with positive community impact.

Building for Impact

Canada is facing a housing crisis. Our development arm specializes in projects that provide stable, long-term housing for families and individuals.

"We don't just consult on financing — we live it. Every project we present to our partners is one that we are personally invested in."

Scott Dillingham

Founder, LendCity

Request the Partnership Overview

An educational overview: LP vs GP, what a pipeline review covers, and the documents you should insist on seeing. It is not a project memo and does not include a specific building.

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Proof

How these partnerships get structured

These case studies show financing and GP/LP structure on Canadian multi-family — they are not an offer on a live project.

GP/LP Partnership — 48-Unit Calgary → Ground-Up Development — Edmonton → MLI Select New Construction — BC →

Current opportunities

Join the capital pipeline

Get notified when vetted private mortgage or development partnership opportunities open. We share deal structure, LTV band, term, and property type — not published yield promises.

  • · Private mortgages from ~$25,000 (cash, RRSP, or TFSA where eligible)
  • · Development equity partnerships from ~$100,000
  • · Lawyer's trust funding and mortgage registered in your name on lending deals

Prefer to talk now? Book a pipeline review · Prefer to talk? Call 1-226-783-1640

By joining, you agree to receive capital opportunity emails from LendCity Mortgages. You can unsubscribe at any time.

Book a Pipeline Review with Scott

We are vetting partners for the 2026/2027 pipeline. A private 30-minute review covers your capital range, LP vs lending, and how current projects are structured — not a public IRR.

Scott Dillingham

Scott Dillingham

Founder & CEO

Capital Pipeline Review

Review LP vs private lending, capital range, and how we underwrite a development partnership. Thirty minutes with Scott — not a homeownership call.

30 minutes

Duration

GMT+00:00

Timezone

August 2026

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Available Times

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Trusted by Investors

What Our Clients Say

4.8/5 (116 Google reviews) — LendCity Mortgages

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FAQ

Development Partnership FAQ

LP equity, timelines, CMHC leverage, eligibility, and LendCity's role — without published returns.

Partnership Details

Development partnerships typically start at $100,000. The exact amount is project-specific. Private mortgage lending starts lower (~$25,000) if equity is not the right first step.
Most run 2–5 years from land through construction to stabilization. LP capital is committed for the project. Distributions, if any, follow the partnership agreement — not a website schedule.
We do not publish projected returns. Economics, hold, and waterfall depend on the project. Book a pipeline review to discuss what is current and whether it is even a fit.
MLI Select can finance qualifying multi-family at high LTV with long amortizations, which can reduce how much equity the partnership must raise. It does not remove construction, cost, or lease-up risk. High leverage cuts both ways.

Your role, risk, and LendCity

These conversations are for limited partners: you contribute equity and are not day-to-day management. The GP sources the site, builds, and operates. Ask, in writing, who has skin in the game and who funds overruns.
Usually no. Development equity is typically non-registered capital. Registered funds are a better match for secured private mortgages. We sort that on the call rather than forcing equity into a plan that cannot hold it.
Often yes, depending on structure and securities law (including NI 45-106). Requirements are opportunity-specific. If an offering must go through a registered dealer, that is the channel — LendCity is a mortgage brokerage, not a dealer.
That is a real risk. An LP should see the construction budget, contingency, interest reserve, and what happens if the project slips. We walk through those questions on the review. Do not commit from a slide with a round IRR on it.
Partnership or offering documents, sources and uses, budget and contingency, environmental, GP track record, and an indication of construction / takeout financing. The overview PDF lists the pack. Nothing on this website is that pack for a live deal.
No. This is not an offer to invest. LendCity Mortgages is a licensed mortgage brokerage. We discuss financing and introduce partnership conversations. Where a securities offering is required, it is made only through properly licensed channels.

Have more questions about becoming a development partner?

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Book A Strategy Call 4.8/5 (116 Google reviews)

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