Canada ICI arranged a CMHC insured affordable construction loan to facilitate the development of 960 Chancellor Drive, a 98-unit independent living apartment complex in southern Winnipeg, MB.
Canada ICI arranged a CMHC insured affordable construction loan to facilitate the development of 265 Princess, an 88-unit apartment building in the Exchange District of Downtown Winnipeg.
Canada ICI arranged the acquisition and construction financing of 1986 Stainbury Avenue, a residential development of 80 units in the heart of East Vancouver, BC. Acquired in the spring of 2020, this project is scheduled to begin construction in the early summer of 2021 under Vancouver’s Moderate Income Rental Housing Pilot Program.
Bonavista on the Lake is a phased construction project consisting of a 289-unit 55+ luxury apartment complex in Winnipeg, Manitoba.
The MacLaren is a trophy multi-family asset located in Edmonton’s historic Oliver district. The MacLaren is an artful blending of old and new. Rising 27 storeys behind the historic Buena Vista Building’s meticulous facade comes a collection of stylish one & two-bedroom rentals thoughtfully designed for the discerning needs of downtown Edmonton’s renters.
Canada ICI arranged a $9.5MM first mortgage to facilitate the purchase of a well-located residential development site at the corner of Bloor St W and Ossington Avenue. The site is LPAT approved and zoned for an 11 storey, 80,000 SF condo, scheduled to commence construction in 18-24 months.
Canada ICI Capital arranged a $20MM CMHC Flex construction loan to facilitate the construction of 60 affordable rental units in Oshawa, ON.
Canada ICI arranged the financing for the construction of this 52-unit townhouse in Surrey, BC. Despite launching sales during COVID-19, the borrower was able to achieve excellent pre-sale traction.
A trophy multi-family asset situated in the heart of Downtown Edmonton’s government district.
6th and Tenth is a high-rise apartment building located in Calgary’s Beltline neighbourhood, just outside of the downtown core. The building encompasses 224 apartment units, and construction was recently completed in 2017. 6th and Tenth also includes numerous amenities for the tenant, such as an outdoor swimming pool, a sky lounge, and a fitness centre, all accompanied by a 24-hour concierge.