Construction financing has been implemented for a 105-unit condominium project at RED Mountain Ski Resort known as “The Crescent.”
This resort has been named the number one ski town in Canada for the second consecutive year, in addition to being crowned as the mountain bike capital of Canada.
The project represents a market-leading product in the alpine recreation space of Central BC. Financing is being placed with a syndication of four lenders.
Smith Street Lofts was a repurposed building stripped down to the superstructure and reconfigured to make space for beautiful lofts and extensive amenities. This 20-storey building brings 251 rental units, 2,933 SF of commercial space, and a 215-stall parkade to the highly sought SHED (sports, hospitality, entertainment district) in downtown Winnipeg.
The developer has invested significantly into progressive lifestyle-oriented amenities and common area spaces. Tenants will enjoy 24-hour on-site presence and concierge app, a yoga studio, a theatre, a games room, a lounge, a library, and even a dog run, just to name a few.
Vernon Street is set to feature this 125 unit seniors’ facility in Nelson, BC.
The project will offer rental units to seniors and access to assisted living services.
The six-storey building is planned to rise four floors above Vernon Street with two storeys at and just below street level – the lowest being a parking level. Commercial space occupies the street level, while apartment rentals will populate the upper four.
Northwest Health Centre is a three-storey medical building, totalling 25,936 square feet and situated in Calgary’s expanding Northwest.
Canada ICI arranged the assumption of a CMHC insured first mortgage to aid in the purchase of 703 St. Anne’s, a 33-unit mixed-use apartment building in Winnipeg, MB.
Canada ICI is pleased to announce the successful funding of a 10-storey, mixed-use building with 214-unit rental apartments and 14,169 SF of commercial space. Ruth Gardens is located in Winnipeg, MB.
Canada ICI arranged a $180,000,000 land loan to refinance a 6.48-acre development site zoned and slated for 2,000,000+ SF multi-phase development known as Galleria on the Park.
Canada ICI arranged a CMHC affordable flex construction loan to complete an existing office tower’s conversion to 93 affordable rental units with 17,250 sq. ft. of retail and office space.
Montgomery Square is a mixed-use development consisting of 52 residential units and main floor retail. This purpose-built rental development is planned to anchor Calgary’s Bowness Road.
Canada ICI arranged a CMHC insured first mortgage to aid in the purchase of Baydo Place, a 112-unit mixed-use apartment building in Saskatoon, Saskatchewan.