Canada ICI Capital Corporation is pleased to announce the successful CMHC ACLP financing arrangement for the construction of Le Bohar, a 276-unit residential building in Vaudreuil-Dorion’s Harwood sector. This two-phase development will provide affordable housing and a wide range of amenities, including an urban chalet, coworking spaces, a fitness centre, an interior courtyard with a swimming pool, and a pickleball court.
Canada ICI has successfully arranged construction financing under the CMHC MLI Select program for a 545-bed apartment complex comprising both single-room occupancy and standard rental units. This development will help deliver much-needed housing supply to the City of Toronto.
Canada ICI is pleased to announce the successful arrangement of a financing package consisting of a CMHC-insured first-ranking mortgage and a conventional second-ranking loan to support the acquisition of Manoir Pierrefonds in Montréal, Québec. The retirement residence comprises 182 suites and offers quality housing and care services for seniors.
Canada ICI is pleased to announce the successful funding of a Conventional Construction financing for Panora, a two building, 10 storey, 398-unit development in the Plateau area of Gatineau, QC. The project is located at 275 Bruxelles Street in the Plateau neighborhood of Gatineau.
Canada ICI arranged a conventional interim facility to refinance a mixed-use apartment building in Saint-Constant, Québec. This project includes 160 residential units and 6,640 square feet of commercial space.
Canada ICI arranged CMHC MLI Select financing for a 121,937-square-foot mixed-use property in Riverview, New Brunswick. This six-storey development features 124 units and includes underground parking. Qualification for funding was achieved through the Tier 1 Affordability and Tier 3 Energy Efficiency criteria.
Canada ICI arranged CMHC-insured construction financing for a portfolio of three purpose-built rental developments in Ottawa, Ontario. Located in the Orléans neighbourhood, these four-storey buildings will deliver a total of 64 units upon completion. Well-located near key transit and amenities, these developments offer a mix of suite types to serve a range of housing needs and are designed to meet CMHC MLI Select standards for affordability and energy efficiency.
Canada ICI is pleased to announce the successful funding of a CMHC MLI Select New Construction financing for Forest Heights, two towers totaling 350 units. The project is located at 365 Forest Street in the Lincoln Heights neighborhood, located north of Highway 417.
Canada ICI arranged CMHC MLI Select construction financing for a three-storey residential property in Brandon, Manitoba. This 22,380-square-foot development features 16 units. Qualification for funding was achieved through the Tier 1 Affordability and Tier 2 Energy Efficiency criteria.
Canada ICI arranged CMHC MLI Select construction financing for a 52,500-square-foot residential building in Brandon, Manitoba. This four-storey property delivers 48 units. Qualification for funding was achieved through the Affordability and Energy Efficiency criteria.