Otera capital

Otera Capital is a major institutional commercial real estate debt player across North America and a leader in Canada. The business previously operated under the brand Otéra Capital before becoming La Caisse. They have been active since their first real estate financing investments in 1967, making them a long-established entity in the sector.

The company provides term loans, construction loans, bridge loans, and land loans. They also offer financing for multifamily, industrial, commercial, office, and alternative sectors. Their services are tailored to clients and partners with flexible terms and structures designed to meet specific needs.

Otera Capital operates primarily in Canada and serves markets across North America. They are based in Montréal, Quebec, and have a presence in major cities like Toronto, London, Mexico City, New Delhi, New York, Paris, São Paulo, and Singapore. Their focus includes urban centers and areas with favorable demographic and economic criteria.

The business is owned by the Caisse de dépôt et placement du Québec. The brand La Caisse is a trademark property of the Caisse de dépôt et placement du Québec, protected in Canada and other jurisdictions, and is used under license by its subsidiaries.

According to the business's own website, their website is not supported by Internet Explorer, and they recommend using Microsoft Edge or Google Chrome for a better navigation experience. They also provide accessibility settings and a cookie consent manager on their site.

The Trustburn listing shows a rating of 4.1 out of 5 stars based on 10 reviews. The most recent review was posted on September 3, 2023, while the oldest review in the list dates back to December 9, 2022.

Multiple reviewers praise Otera Capital for having a user-friendly, well-designed, and informative website that provides all necessary information. They also consistently highlight the competitiveness of the rates and the responsiveness and helpfulness of the customer service team.

Some reviewers mention that the rates offered are great or fantastic, and the customer service is always there to assist or ready to help. The general sentiment among these users is one of high satisfaction with the results and positive returns.

A news article from crenews.com mentions that Carmel Partners purchased a 282-unit apartment complex in Denver for $110 million. This property was financed with a $99 million loan from Otera Capital, demonstrating their involvement in large-scale commercial real estate deals.

The business offers construction loans specifically for projects of development or renovation on a large scale. These solutions are available for both traditional and alternative assets, allowing clients to finance significant development efforts.

Otera Capital provides bridge loans, also referred to as 'prêts relais', which are intended for short-term needs. These loans allow clients to transition towards a term loan, refinancing, or another financing solution.

For land acquisition, the company offers land loans ('prêts terrains') that enable the purchase of sites necessary for developing sustainable and profitable commercial real estate projects.

The business targets specific sectors such as industrial assets aimed at sustainability, including e-commerce and cold storage. They also favor commercial centers with grocery stores or essential shops, and offices with repositioning potential.

The business states that their loan conditions are adapted to client needs, offering flexible modalities and structures. They emphasize reliability and strategic approaches in their service delivery.

You can reach Otera capital by phone at 4186566572.