Real Estate

Lender says it won’t relax construction loan standards for condo developers hit by sales downturn

Editor-in-Chief · Sunday, October 18, 2026 at 8:52 PM · 1 min read

Lender says it won’t relax construction loan standards for condo developers hit by sales downturn — Globe and Mail Business, Toronto Real Estate news — Image: Globe and Mail Business

A major Ontario condo construction lender says it won’t relax its loan criteria for developers despite a sharp drop in projects and industry calls for more support.

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Lender says it won’t relax construction loan standards for condo developers hit by sales downturn

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