Canada ICI arranged first mortgage financing to facilitate the construction of an apartment building located along Notre Dame Drive in the southwest sector of Kamloops, British Columbia. The subject property will be a six-storey, 128-unit apartment building on a 1.38-acre site. The wood-frame building will be constructed on a concrete foundation.
Canada ICI arranged CMHC MLI Select acquisition financing of Spruce View Apartments, an eight-unit multi-family building in Whitecourt, Alberta. The building is ideally located off Highway 43 and caters to a diverse rental base with one-, two-, and three-bedroom suites.
Canada ICI arranged financing for a CMHC MLI Select loan to refinance a 57-unit apartment building complex in Mirabel, Québec.
Canada ICI arranged funding for a 76-unit rental property in the McGill University area.
Canada ICI arranged the successful funding for five residential buildings, comprising 40 units and 35,710 square feet, located in Gatineau, Québec. This refinancing qualified under CMHC Tier 1 Affordability, achieving 80 points against the established criteria.
Canada ICI arranged the successful funding for an 18-unit residential building in Embrun. This project qualified for CMHC MLI Select, meeting criteria for Accessibility, Energy Efficiency, and Affordability.
Canada ICI arranged first mortgage financing for the refinance of a newly built 16-unit townhouse project in Vancouver, British Columbia, through the CMHC Select program.
Canada ICI arranged the successful acquisition funding for an eight-unit townhome development in the Ritchie neighbourhood of Edmonton, Alberta. This newly constructed townhome complex, financed under the CMHC MLI Select program, features modern design, spacious layouts, and strong access to nearby amenities, making it a desirable long-term investment in one of Edmonton’s most sought-after infill communities.
Canada ICI arranged a syndicated first mortgage loan with three lenders to facilitate the acquisition and major renovation of a 353-unit apartment complex located in Laval, Québec.
Canada ICI Capital Corporation arranged a conventional first mortgage to facilitate the construction of a 73-unit apartment building in Bois-Franc, Montréal.