Canada ICI arranged the first mortgage financing of the 236-unit of a new rental complex, Hollick Kenyon, located in Edmonton, Alberta.
The complex is situated in a desirable location near many amenities, including parks, schools, and shopping centers. The units are available in various sizes and floor plans to suit any renter’s needs. The complex also offers many amenities for residents to enjoy, such as a swimming pool, fitness center, and clubhouse. Hollick Kenyon is the perfect place to call home for any renter looking for convenience and comfort.
Canada ICI arranged the first mortgage financing for a 132-unit “Wellings Active Living Community” in Corunna, Ontario. This innovative model is the fastest-growing iteration of Seniors living communities and addresses a growing market niche. The Wellings of Corunna will add to the supply of much-needed independent (55+) housing in southwestern Ontario.
The Dunkeld is an 80-unit residential building with 11,220 square feet of commercial space located at 124 East River Road in New Glasgow, Nova Scotia. The building will be completed in 2023.
Le Sherwood is a multi-family 62-unit property in Montreal, Quebec. The building was initially constructed in the early 1900s and has been well-maintained over the years. The units range in size from studio to three-bedroom apartments and are perfect for families or individuals looking for a comfortable place to call home.
The location of Le Sherwood is ideal for those who want to be close to the action but still have a quiet place to come home to at the end of the day. It is just a short walk away from some of Montreal’s best restaurants, cafes, and shops. Plus, getting around the city is a breeze with easy access to public transportation.
Urban sophistication meets modern design in these contemporary residences in Guelph’s west end.
At full completion, West Peak will be the largest single property multi-family development in the city of Guelph.
The first phase comprises 381 condo units across three towers, with subsequent phases to be developed.
This project will add much-needed residential inventory to the growing city of Guelph and provide its residents with high-quality living and amenities.
CMHC MLI Select takeout financing is in place for a 31-unit multi-family rental project in Victoria, BC, known as “The Charlesworth.”
The Charlesworth offers seven layout types of boutique apartments. The interiors are meticulously designed to evoke a sense of modernity while balancing a respect for the history of this particular city block. Its prime location allows for a short walk to downtown, Beacon Hill Park, and the Dallas Road waterfront.
The rooftop terrace is undoubtedly one of this project’s most impressive features. Unobstructed views of the Juan de Fuca Strait and downtown Victoria give residents and guests a truly spectacular vantage point.
The MLI Select program allowed for superior leverage in our current rate environment and the ability to forward fix the rate up to four months in advance of funding.
CMHC term financing has been arranged for a newly built 170-unit retirement residence in Ottawa, Ontario.
Wildpine aims to create a comfortable, family-oriented community that provides an easy transition to retirement and assisted living. They feature studio and one-bedroom senior suites.
Stittsville is one of Ottawa’s fastest-growing communities. What began as a charming little community on the edge of Ottawa is now a thriving neighbourhood full of shops, restaurants, and, of course, home of The Ottawa Senators!
CMHC Construction and Seed Financing have been secured on behalf of a not-for-profit Edmonton-based seniors housing provider.
St. Michael’s Fenwyck Heights, a $54M project, will provide housing and support services to the seniors of Spruce Grove, Alberta and the surrounding area.
This 170-unit development will offer seniors independent living with support services, with suites ranging from studio to 2-bedroom units. Construction is scheduled to be complete by spring 2023.
Construction financing for this 43-unit rental development in Brooks, Alberta, has been secured. This CMHC approval under the “MLI Select” program proves that the program works extremely well for new purpose-built rental developments in rural communities.
CMHC insured construction loan has been secured for a new 374-unit multi-residential development located in Montreal, QC.
This project location is on 2nd Avenue between the National Circus School and the 115 Studios residences near the Cité des Arts du Cirque.