ABOUT
A family office that lends.
Rover Lending is the lending arm of Sheiner Group, a single family office whose principal business has been real estate for in excess of fifty years. We own and operate real estate throughout North America, and that depth of expertise allows us to work alongside our borrowers toward the success of their projects. We lend across Canada and the United States.
WHY ROVER
Direct lending, direct decisions
We are direct lenders. Every file is reviewed by the decision-makers themselves. No bureaucracy. No investment committees.Â
Our own capital
We lend from our own balance sheet. Decisions are made quickly by the people who own the outcome, with terms structured to the deal.
Appraisal waiver
On qualifying transactions, the third-party appraisal requirement can be waived, removing a cost and weeks from the timeline.
Creative financing for cash flow
Repayment can be structured so a property remains cash-flow positive through the term.
Up to 85% loan to value
Asset-based underwriting, with financing available up to 85% of value.
Partners in your success
Our background is in owning and operating real estate. That expertise works to the borrower's advantage, with an emphasis on relationships and continuity across projects.
What we fund
- Multi-residential
- Condominiums
- Commercial
- Retail
- Industrial / Storage
- Mixed-use
- Seniors residences (RPA)
- Acquisition
- Refinancing and cash-out
- Bridge financing
- Value-add and renovation
- Partner buyout
Asset Types
Financing Types
Asset Types
Typical Parameters
*Typical parameters, not fixed rules.
PROCESS
01
Submission
The property, the amount, and the plan. The application takes a few minutes.
02
Review
We assess the asset and the structure directly, and ask for what we need early.
03
Commitment
A commitment letter setting out the terms in full.
04
Funding
Documentation is completed and funds are advanced.
Selected transactions
(MIXED USE COMMERCIAL) · LAVAL, QC · $1.95M · REFINANCE · 12 MONTHS · 1 WEEK FUNDING · 2024
(CONDO) · COBOURG, ON · $1.05M · REFINANCE · 12 MONTHS · 5 WEEKS · 2024
(MULTI-FAMILY) · SASKATOON, SK · $438K · ACQUISITION · 12 MONTHS · 3 WEEKS · 2025
​A first mortgage refinancing a multi-tenant commercial property in Laval, providing the borrower with capital to retire existing senior debt on an accelerated timeline.
A first mortgage on a commercial condominium unit in Cobourg, Ontario, retiring existing senior debt with competitively priced interest-only capital.
Acquisition financing for the purchase of an eight-unit apartment building in Saskatoon, structured as a twelve-month interest-only first mortgage with flexible prepayment.