Romspen Investment Corporation Announces Early Repayment of $16.5M Bridge Loan for Cochrane Landing Plaza in Alberta
Romspen Investment Corporation has announced the successful repayment of a $16.5 million bridge loan secured by Cochrane Landing Plaza, a retail center located in Cochrane, Alberta. The loan was originated in October 2025 and repaid before its scheduled maturity date of November 2026, according to the firm.
Deal Overview
The bridge loan carried a term of approximately 13 months. The early repayment — received prior to the November 2026 maturity — marks the conclusion of the short-term commercial real estate financing arrangement. No additional loan terms, including interest rate or loan-to-value ratio, were disclosed by the firm.
Cochrane Landing Plaza is a retail center in Cochrane, Alberta. The property's tenants include Shoppers Drug Mart, CIBC, and Starbucks, according to the firm's announcement.
About Romspen Investment Corporation
Romspen Investment Corporation is a Canadian non-bank mortgage lender focused on short-term commercial real estate financing. The firm did not disclose the identity of the borrower, the purpose of the original bridge financing, or the source of repayment funds.
Click here to view the original announcement on LinkedIn via Romspen Investment Corporation.
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