Banking and Financial Testimonials

"We are proud of our longstanding banking relationship with Magil Laurentian (formerly Weloga Corporation). Magil has been a valued TD client for over 40 years, and over the years have demonstrated their knowledge and expertise in all facets of the real estate industry. We believe that much of Magil’s success is due to its strong management team and its high level of professionalism and integrity in its business dealings.

Magil’s strong financial position and its respect in the financial community reflects its ongoing commitment to excellence and its dedication to providing the highest level of service to its clientele."

TD Commercial Banking

Dominic Lemmo, Vice President, Real Estate Financing Group TD Commercial Banking Corporate Banker

"We are a subsidiary of the Caisse de dépôt et placement du Québec and we are authorized to represent Hypothèques CDPQ Inc.

Hypothèques CDPQ Inc. has maintained a business relationship with Magil Laurentian (formerly Weloga Corporation) since 2004 which involves the financing of the acquisition of the Tour de la Bourse property. Since the origination of this financing, we have found Magil to be an experienced and successful real estate owner with significant knowledge of the real estate market.

Magil has met its financial obligations and Otéra Capital is very pleased to continue its business relationship with this valued customer."

Alfonso Graceffa, President and Chief Operating Officer

"Magil Laurentian (formerly Weloga Corporation) has been a valued customer of ACM Advisors Ltd. since 2006 when Mortgage Fund One provided term loan financing for the Erindale Corporate Centre in Mississauga, Ontario.

Over this time Magil team has demonstrated the strong commercial real estate skills and experience we look for in borrowers. They maintain an open dialogue with us and, on a regular basis, keep us apprised with property and market updates.

We look forward to more lending opportunities with this highly regarded real estate group and wish them continued success in the future.."
ACM Advisors LTD

Graham Collings, Vice President - Investments ACM Advisors Ltd. Mortgage Lender