Canada ICI has arranged first mortgage financing to facilitate the construction of Les Suites Marion, a 48-unit, mixed-use affordable housing development in the St. Boniface area of Winnipeg, Manitoba. The subject property will be five storeys with 4,182 square feet of main floor commercial space.

The development is intended to provide affordable housing for various groups, including new immigrants, individuals living with disabilities, and those dealing with mental health and addiction challenges. Close to half of the units have been specifically designed to cater to these groups.

Les Suites Marion represents a significant step forward in addressing the housing challenges faced by vulnerable groups in Winnipeg.

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First mortgage financing has been successfully arranged by Canada ICI to facilitate the acquisition of Mill Woods Town Centre located in Edmonton, Alberta. 

The property features 455,701 sq. ft. of GLA on a substantial site of 56.24 acres, and will provide an exceptional TOD site intensification and redevelopment opportunity with strong holding income.

Edmonton-based MacLab Development Group purchased the property and plans to revitalize the entire shopping centre, and eventually add infill housing.

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A term loan has been secured on a charming downtown commercial property, fully leased by Sonder in Montreal, QC, for a private investor.

Griesbach Village is a 75,000+ SF multi-tenant retail centre anchored by Shopper’s Drug Mart. The property is located at the northwest corner of the prominent intersection of 137 Avenue and 97 Street in Griesbach, Edmonton’s award-winning neighbourhood.

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Canada ICI Capital provided a $12.3mm first mortgage with an insurance company at a very competitive rate for a nationally tenanted retail strip plaza despite current COVID-19 restrictions. The property is located in the Junction district in Toronto and was developed and managed by a repeat Canada ICI client.

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Southtrail Plaza comprises three buildings totaling 58,000 sq. ft. of premier retail and office space and is located along a major arterial roadway, Calgary Trail in Edmonton, Alberta.

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This property is a commercial retail pad in development in Southeast Calgary. The subject area is approximately 85,000 square feet, split between office space and retail space. The development is part of a large-scale project known as Heritage Station, a group of transit-oriented developments near light rail transit and major city traffic arteries.

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Canada ICI arranged a term loan on Linden Ridge Shopping Centre, a 210,232-square foot retail shopping centre located in Winnipeg’s south end.

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This is a retail space located in the heart of the Kensington neighbourhood —one of the trendiest areas in the city as well as a Business Revitalization Zone. It consists of a 9,095 square foot retail space, which is fully leased until 2027, and is located below a six-storey condo building. The space fronts onto one of the city’s 24 “main streets,” and is a ten-minute walk from downtown, making it an extremely coveted retail location.

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A large retail project located in the fast-growing community in northwest of the city. The property consists of two buildings with 16 retail spaces totaling over 28,000 of leasable space. Funded by a capital provider exclusive to Canada ICI.

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