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Canada ICI is experienced in arranging mortgage financing for a wide variety of seniors housing facilities including life lease, congregate care and assisted living facilities. Canada ICI has successfully placed CMHC Insured and conventional mortgages for all types of accommodations from coast to coast. Loan sizes for most seniors living facilities depend on local economics, demographics, physical real estate as well as the strength of any property management and care giving agreements in place.
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Name: Lions Village Railtown Lifelease
Address: 110th Street & 102nd Ave, Edmonton
Value: $3,000,000
Comments: Estimated value is $6,048,300 (both phases). Conventional revolving loan over two phases. Phase I - 31
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Name: Cawthra Gardens
Address: 590 Lolita Gardens, Mississauga, Ontario
Value: $19,000,000
Comments: 192-bed Long Term Care Centre
conventional construction and permanent first mortgage
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Name: Shannon Oaks
Address: Vancouver, BC
Value: $12,715,635
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