Canada ICI arranged CMHC construction financing for a 10-unit rowhouse development in Calgary, Alberta.
Canada ICI arranged CMHC-insured construction takeout financing under the MLI Select program for an 8-unit apartment complex in Ottawa. This three-storey, modern low-rise development will help address the city’s growing demand for gentle density and contribute to much-needed housing supply. This initiative aligns with Canada ICI’s commitment to financing projects that increase attainable, multi-unit housing in growing urban markets.
Canada ICI arranged first mortgage financing to facilitate the refinance of Bluewater Park, an apartment building in Whitby, Ontario. This 6-storey property, constructed in 1978, features 120 residential units on a 4.1-acre site, complemented by 153 covered and 26 surface parking stalls.
Canada ICI arranged CMHC-insured construction financing for an apartment building in the Sutherland neighbourhood of Saskatoon, Saskatchewan. This project involves the amalgamation of three contiguous parcels to construct two, 3.5-storey multi-family buildings, each containing 26 units. The property is conveniently located near the University of Saskatchewan and a full array of community amenities.
Canada ICI arranged a CMHC-insured first mortgage to facilitate the construction financing of Parkview Terrace Phase 5 and Phase 6, two newly built apartment complexes located in the St. Vital area of Winnipeg, Manitoba. These four-storey woodframe apartment buildings collectively feature 99 units and offer residents high accessibility to major thoroughfares and proximity to a variety of amenities including St. Vital Mall, restaurants, grocery stores, churches, and the University of Manitoba.
Canada ICI arranged a conventional term loan for a newly built, 199-unit apartment complex in Montréal.
Canada ICI arranged financing for two residential projects in Brantford, Ontario. This included a construction mortgage for an 86-unit townhouse development and a land loan for a future 104-unit site.
Canada ICI arranged a conventional first mortgage for a 4-storey, 45-unit condominium development located in Canmore, Alberta.
Canada ICI arranged a CMHC Select first mortgage for the construction of a 6-storey, 88-unit residential development, featuring 5,500 square feet of main floor retail space in Calgary, Alberta.
Canada ICI arranged an MLI Select construction loan for a 28-unit townhome development in Taber, Alberta. This project will help address rising housing demand in Taber and the surrounding region, supported by strong municipal backing and a growing population fueled by McCain’s recent expansion.