Canada ICI Expands in Montréal with Addition of Top Local Commercial Real Estate Finance Team

Montréal, QC (September 4, 2024)—Canada ICI Capital Corporation (Canada ICI) is thrilled to announce the expansion of its Montréal operations with the addition of a high-performing origination team from a well-known commercial real estate company. Effective September 1, 2024, Brian Faddoul, Frédérik Roux, and Alexandre Caron-Brulotte will be bringing their expertise in commercial real estate finance to Canada ICI.

Under the visionary leadership of Canada ICI’s Chief Executive Officer, Dale Klein, the organization has experienced a remarkable expansion in Quebec. “As a CMHC-Approved Lender, we recognized the necessity of bolstering our on-the-ground team in this key region to support our active lending initiatives and forge robust partnerships.”

This strategic move reinforces Canada ICI’s commitment to market leadership with sustained, robust growth nationwide. The integration of this accomplished team demonstrates Canada ICI’s dedication to delivering exceptional commercial real estate finance solutions across Québec.

Brian Faddoul, the team lead, expressed enthusiasm about the transition. “Joining Canada ICI opens up exciting new opportunities for us,” says Faddoul. “The extensive infrastructure and resources available at Canada ICI will enhance our ability to deliver superior financing solutions to our current and future clients.”

Frédérik Roux, the team co-lead, shared his excitement about joining Canada ICI. “Joining forces with Canada ICI, an industry leader with in-depth knowledge of the commercial real estate market, will set us apart from the rest of the market. We look forward to collaborating and using their platform to offer innovative, tailor-made financing solutions to our clients across all asset classes.”

Tommaso Marcantonio, Managing Partner at Canada ICI, remarked, “Since joining Canada ICI in 2021, we’ve seen tremendous success. We have become adept at integrating new teams and are proficient in identifying origination teams that align well with our vision and culture. For us, it’s about making a meaningful impact in local communities. We feel a deep responsibility to enhance commercial real estate for Canadians, and this relationship will help us achieve that goal.”

“The Canada ICI formula has truly come into its own over the past five years,” says Rick Bachalo, President of Canada ICI. “Today, our platform is incredibly efficient and scalable. Welcoming this team allows us to maximize our positive impact on the Canadian commercial real estate sector. We are committed to helping Brian and Fred’s team to reach farther and higher than they could before.”

“Together, we share a vision of what is possible in the Canadian commercial real estate market in Québec and across the country,” added Bachalo. “Our aim has always been to provide essential financing for commercial real estate investors who contribute to the growth and vitality of our cities and communities. We can only do that when we collaborate with partners like Brian and Fred, who hold strongly to the same values as we do.”

For more information about Canada ICI and its services, please visit www.canadaici.com.

About Canada ICI

Canada ICI is one of the country’s leading commercial real estate finance firms, annually arranging financing in excess of $9 billion through its offices in Vancouver, Victoria, Toronto, Montréal, Calgary, Edmonton, Ottawa, and Winnipeg.

About Canada ICI Origination

Canada ICI is one of Canada’s largest mortgage origination platforms, sourcing and structuring high-quality commercial mortgages. As an origination firm with a national footprint, ICI is at the forefront of Canada’s commercial real estate market, funding over three loans every business day of the year. Canada ICI is always in the market, giving borrowers unparalleled access to capital and lenders a consistent volume of high-quality loan opportunities.

About Canada ICI Asset Management Group

Canada ICI’s AMG group boasts a multi-billion-dollar asset management infrastructure, providing institutional investors with comprehensive solutions to grow and scale commercial mortgage portfolios. AMG’s key strength lies in its decades of mortgage management and servicing experience, offering tailored solutions to meet the unique needs of discerning institutional investors.