“Pick one thing, and be the best at it”
That is the foundation of Azur. We offer a more favorable financing opportunity for developers in Quebec and we help make their projects a reality.
Azur has developed a unique business model focused on small, short term loans for residential real estate development, guaranteed by first ranking mortgages.
Azur Capital employs a team of experts in the fields of banking, financial management, real estate, commercial credit, construction and real estate development. We are proud to be the fastest and to offer so many advantages for developers.
Azur Capital Real Estate Fund provides:
- A fast & flexible construction financing opportunity
- Low interest rates
- 24-48 hour approvals
- Bridge loans between $50,000 and $5,000,000 over 1 to 12 months
- Payment directly to subcontractors and vendors
- No other lender offers the same advantages for developers
An Unmet Need
Azur Real Estate Capital Fund was created by experienced members of the investment, banking and construction industry to fill an important gap in the marketplace: the financing of small real estate projects, a sector underserved by banks.
- a bank’s high cost structure is not conducive to processing short term real estate loans;
- a bank’s operating structure makes it difficult to meet the quick turnarounds needed by developers to seize real estate opportunities.
We help developers by filling this gap in the market. Our loans make their real estate projects a reality and allow them to make a significant profit.
It’s a WIN-WIN.
Mr. François Girouard serves as Chief Investment Officer at the Desjardins Group pension plan since 2007 where he is responsible for the allocation strategy of a $ 7.5 billion pension plan. He also sits on the board Otéra Capital, a major player in the sector of loans in commercial real estate and a division of the Caisse de Depot et Placement du Quebec ($ 176 billion of assets). He also serves on the Risk Management Committee Otéra Capital and member of the Investment Committee of Développement international Desjardins (DID), which manages two micro-credit funds with a total of $ 32 million under management. Mr. Girouard was also involved in the initial public offering (IPO) of Innergex, with a total market capitalization of $ 800 million. He holds a Bachelor of Business Administration from the University of Sherbrooke and has successfully completed the course on Canada’s securities trade.
Mr. Robert Boisjoli is Managing Director of Palos Merchant Bank and Atwater Financial Group, a company specializing in mergers and acquisitions, and partner Robert Boisjoli & Associates, a consulting firm specializing in business valuation. Robert was the co-founder of three operating companies where he served as both CFO and COO, one of which was sold to a publicly traded company based in London. Robert is a member of the Board of Directors of several private and public companies where he is also the Chairman of the Audit Committee. He also serves as Chief Financial Officer of Brionor Resources Inc. (listed on the Toronto Stock Exchange). Robert also served as an investment banker with various Canadian public companies and currently serves on the boards of various non-profit organizations.
Louis Fortin is the former CEO of the Canadian subsidiary of Amundi, the largest asset manager in Europe with 950 billion euros under management. Mr. Fortin was previously with Investors Group and TD Asset Management for both the markets for institutional and private clients. He holds a Bachelor of Business Administration from Laval University and is a licensed real estate appraiser.