Shops at Boudreau
Shops at Boudreau is an upscale lifestyle centre located on the north side of this western Canadian city. The tenancy encompasses a mix of luxury boutiques and restaurants with second floor professional space. The project was constructed by a local developer. Canada ICI arranged a unique term loan for the property upon substantial completion, which allowed for an interim interest-only period, converting to an amortizing loan upon full stabilization, while locking in the term interest rate on day one.