Canada ICI arranged first mortgage construction financing for the development of four commercial buildings with a total of 46,992 square feet including a standalone McDonald’s, in the Schonsee neighbourhood of Edmonton, Alberta.
Canada ICI arranged acquisition financing for Millcreek Centre, which represents approximately 44,000 square feet of leasable space over seven free-standing buildings. The subject property includes a regional bank, lube service station and over 20 additional local and national tenants.
Canada ICI arranged a first rank mortgage to refinance a Days-Inn Hotel featuring 81 rooms located in Montréal, Québec. The Select-service lodging facility was completely renovated in 2018 and includes a gym, a restaurant and 2 meeting rooms.
Canada ICI arranged funding for a commercial retail plaza featuring tenants such as Giant Tiger, Pet Value, Mark’s, and Dollarama. This development spans over 57,000 square feet of leased space within three strip retail buildings.
Canada ICI arranged the successful funding for a mixed-use commercial shopping center comprising two buildings, offering a total of 43,866 square feet of leasable space. The property benefits from a diverse tenant base, including Healthy Planet, Sleep Country, and Living Lighting.
Canada ICI arranged a conventional first mortgage for a two-tenant retail building in Lethbridge, Alberta. This property features 7,300 square feet of leasable retail space.
Canada ICI arranged the successful CMHC MLI Market Refinancing for a 91-unit apartment building in Red Deer County, Alberta. Situated in a rapidly developing area adjacent to the Queen Elizabeth II Highway and Gasoline Alley, the property features newer studio and one-bedroom units, a fitness room, and is pet-friendly.
Canada ICI arranged funding for a 2,720-square-foot gas station located in Slave Lake, Alberta. The property is prominently situated on a corner lot along Main Street, the primary retail corridor in the municipality.
Canada ICI arranged the funding for a land loan supporting an 8.83-acre commercial development in Sherwood Park, Alberta. This strategically located property is slated to become an approximately 80,000 square feet grocery-anchored retail center, comprising nine buildings and approximately 372 parking stalls.