Canada ICI arranged construction financing for the development of a 57-suite multi-family building ideally located within walking distance to the University of Alberta and Whyte Avenue in Edmonton, Alberta.
Canada ICI coordinated the successful placement of acquisition financing for Circle Square, which represents ~80,000 sq. ft. of mixed retail and office space over three buildings.
Canada ICI arranged first mortgage financing to facilitate the acquisition of a 69,855-square-foot (1.60-acre) parcel in Maple Ridge, British Columbia. Plans for the proposed development include constructing five three-story buildings containing 30 townhome units.
Canada ICI arranged CMHC-insured acquisition financing of a newly constructed 121-unit multifamily building in Langford, BC. The property represents a best-in-class multifamily asset in the Victoria market, with premium amenities including a full fitness facility, co-working space, pet spa, private lounge with chef’s kitchen, and a landscaped courtyard.
Canada ICI arranged the conventional first mortgage acquisition financing for Signature Place. Located in the heart of Oliver in downtown Edmonton, Alberta, the 14-storey apartment building features 158 residential suites, a resident lounge, a fitness centre and a secure lobby with storage spaces.
Canada ICI arranged the funding of an 85-suite adult lifestyle apartment building in Stony Plain, Alberta. Each suite is equipped with a full kitchen, in-suite laundry, and a balcony, allowing residents to live independently while having access to assistance.
This development is part of a broader initiative to provide quality housing options for seniors in the region. Stony Plain offers a variety of adult living communities, such as Three Robins Stony Plain, a 55+ active seniors apartment building that emphasizes a vibrant, caring community with amenities like a communal chef’s kitchen, exercise room, and various social spaces.
Canada ICI arranged the funding of a six-storey development of 35 purpose-built rental units, including studios, one-, two-, and three-bedroom apartments, along with ground-floor retail space in Victoria, British Columbia.
A notable aspect of Samuel Flats is its dedication to affordability. The developer has committed to offering 10% of the units at rents 30% below market value, addressing the pressing need for affordable housing in the region.
Canada ICI arranged CMHC-insured first mortgage construction financing on a 142-unit rental project in Kamloops, British Columbia. The project rehabilitates an existing structure for improved sustainability and adds additional units for a city in need of housing.
Canada ICI arranged first mortgage financing to facilitate the purchase and redevelopment of an office/retail building in Edmonton, Alberta.
The property was built in 1952 and converted into the Avonair curling club in the 1970s. The developer will now redevelop it and create an athletic-focused training and recovery center named Athletes Hanger. The focus will be on athletes, teams, clubs and individuals looking for better training, recovery, optimization and skill development.
Canada ICI arranged a mid-construction refinance and conversion from condominium to purpose-built rental. Tresah West will be positioned as a 179-unit mid-rise non-combustible structural steel construction rental asset in the core of Victoria, setting a new standard for rental accommodation.