55C Residences
Canada ICI was able to arrange a ~$288mm Construction Loan on behalf of one of Toronto’s leading development firms for their upcoming project 55C Residences – a 651 unit residential high-rise which began construction in fall 2020.
The loan was negotiated in the weeks leading up to the COVID-19 pandemic and was finalized, committed, and funded during the government mandated lockdown.
The loan is comprised of a syndicate of five institutional lenders which included a leading life insurance company, credit union(s), and Canadian subsidiary’s of foreign banks.
For more information, contact our office
Canada ICI Toronto
- P: 647.252.5380
- F: 647.252.5381
- License #: 12525