Canada ICI arranged first mortgage financing for the construction of an apartment complex in Saskatoon, Saskatchewan. Located in the northeast quadrant of Saskatoon, Baydo Plaza V will be a newly constructed six-storey apartment complex, featuring a total of 94 units, and 53 underground stalls.
Canada ICI arranged first mortgage CMHC-insured financing to facilitate the refinance of a 48-unit apartment building, located in Moosomin, Saskatchewan.
Canada ICI arranged the successful funding of a new 67,000 sq. ft. mixed-use property located in Lachine, Quebec. This completion take-out was financed via CMHC’s MLI Select program. The 91 units in this building feature balconies, quartz countertops, and ample natural light, complemented by sought-after amenities like a gym and private rooftop terrace. Conveniently located in Lachine borough, residents of this property will enjoy access to the Canal, Lake Saint-Louis, and cultural attractions, creating an exceptional living environment.
Canada ICI arranged funding for a 5.68 acre parcel of transit-oriented multi-family development land in the Clareview area of Edmonton, Alberta.
Canada ICI arranged the construction financing of a 13-building row house development in the Orchards at Ellerslie in Edmonton, Alberta. This 60-unit development will be targeting energy efficiency goals as well as affordability.
Canada ICI arranged first mortgage financing to facilitate the refinance of multi-family residential development land in Langford, British Columbia. With over 22-thousand sq. ft. of land along Hockley Avenue, construction of this property is expected to begin in 2024, featuring 75 rental units.
Canada ICI arranged first mortgage CMHC-insured financing for purchasing a 111-unit apartment complex in the neighbourhood of Confederation Heights, Fort McMurray, Alberta. Lakewood Manor Apartments is a four-storey apartment building consisting of 111 units, 69 underground parking, and 126 surface stalls. The property is close to numerous residential amenities and public transportation.
Canada ICI arranged the successful funding of an 8-unit, purpose-built townhome rental project in west Edmonton, Alberta. This property was a turn-key purchase in which CMHC MLI Select Construction financing was utilized.
Canada ICI arranged the successful funding of a 13-storey concrete apartment building in downtown Montréal, Quebec. This acquisition was financed via CMHC’s MLI Select program.
Canada ICI arranged the successful funding of a 74-unit apartment complex located in Gatineau, Quebec. This acquisition was financed via a bridge loan at 85% of the purchase price.