Partner as an LP on Canadian Multi-Family Housing.

Direct AnswerAs of July 2026Limited-partner equity in multi-family and social-housing projects — typically from $100,000, with a 2–5 year hold. Equity is not a secured mortgage. We review GP, financing (including CMHC MLI Select where it applies), risk, and partnership terms on a private pipeline call. No published yields — any figures discussed privately are projected, not realized.

Our Edge

The "MLI Select" Advantage

Where a project qualifies, CMHC MLI Select can support high LTV financing with long amortizations — which can reduce how much partner equity must be raised. High leverage cuts both ways and does not remove construction or lease-up risk.

№ 01

Maximum Leverage

95% LTV financing (where available) means partner capital can support larger projects with lower debt-service costs during construction and stabilization — leverage amplifies both upside and downside.
№ 02

Lower Interest Rates

CMHC-insured financing can carry preferential rates compared to conventional construction loans, which may improve projected project economics — projections are not guarantees.
№ 03

Social Responsibility

MLI Select rewards projects that deliver energy efficiency, accessibility, and affordability — aligning project economics with positive community impact.
№ 04

Building for Impact

Canada is facing a housing crisis. Our development conversations focus on projects intended to 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™

Overview

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 or projected return.

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 and are not realized performance.

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

Borrowers

Looking for a private mortgage as a borrower?

This page is for capital providers considering development equity. If you need bridge, first, or second mortgage financing, start on our private mortgage financing page — not Apply Online from here.

Private mortgage financing

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, risk, and how current projects are structured — not a public IRR or realized return.

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 or borrower financing call.

30 minutes

Duration

Eastern Time

Timezone

September 2026

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What Our Clients Say

“Scott and Kirann were fantastic to work with. This was our first home purchase and along with planning a wedding, honeymoon, and still working our full-time…”

“Kelly and the team are fantastic to deal with and work with would highly recommend to any Client or broker looking for a fantastic lender.”

“I can't recommend Gillian Irving and Scott Dillingham at LendCity™ highly enough. My husband and I worked with them on a surprise purchase that ended up being…”

“I recently worked with Scott and Aya on a mortgage transaction and had a positive experience. They were knowledgeable, responsive, and focused on achieving…”

“Scott & Kirann were incredibly helpful, professional, and kind throughout the entire process of securing my first mortgage. Both agents have a wealth of…”

“Scott and Aya were very helpful with the purchase of our first home! Got us a great rate with no stress!”

“Great working with Lend City Mortgages! I truly appreciate how Scott and Kirann handled the entire process—professional, efficient, and always on top of…”

“LendCity™'s Scott Dillingham and Kirann Sharmaa went up, over and beyond helping me with all the fine details of the mortgage process as well as locking in the…”

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FAQQ & A

Development Partnership FAQ

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

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. LP equity is not a registered mortgage.

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 and intermediary for introductions, not a dealer.

Your role, risk, and LendCity™ (Continued)

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 projected 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 acting as an intermediary for financing and partnership introductions. Where a securities offering is required, it is made only through properly licensed channels.

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. Any return discussed privately is projected until realized.

Partnership Details (Continued)

We do not publish projected or realized 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.