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.
Staywell Manor Village is a 165-unit retirement facility located in the sought after, inner-city community of Garrison Woods. The residence offers three distinct care levels including Memory Care, Assisted Living, and Independent Living.
A single-tenant industrial building currently occupied by the Southern Alberta Institute of Technology. The building is located on the eastern edge of the city and serves as an instructional facility on a 7.7-acre site. The building is comprised of office space, classroom spaces, and shop space, all utilized for the instruction of SAIT students.
After extensive experience with development of multi-family assets, the borrower group started developing retail and office condominiums. The Port was the borrower’s second mixed-use commercial development in Calgary. The strong sales and leasing in place, as well as the borrower’s strong execution on their previous projects gave Canada ICI’s Asset Management Group (AMG) the confidence to provide a unique high-leverage construction solution at a highly competitive interest rate .
A multi-tenant project situated in the McCall South Aviation Park in the city’s northeast. The project is comprised of over 87,000 square feet and has 18 units designed for both retail and industrial use. Canada ICI secured financing on a 100% speculative basis and it was funded by a capital provider exclusive to Canada ICI.
Located in a beautiful western Canadian city, at the top of the rise of the St. Albert Trail North, this high-quality seniors’ facility provides 140 fully private independent living units and 66 care units along with commercial ground floor retail. The site is ideal for seniors, as it is close to all amenities such as shopping, banking, and healthcare. Financing for the construction was arranged through a Canadian pension fund, with the long-term takeout facility arranged through a life company.
Centre in the Park features several high-quality adult condominium buildings and a seniors’ development, built by Alberta’s premier adult living developer over a number of years. The residences are part of an urban village concept development located in the heart of the city that includes residences, seniors’ residences, retail space, and municipal services. Construction financing for the entire development was completed by several lenders, including but not limited to life companies, pension funds, and banks.