Canada ICI arranged a CMHC insured affordable construction loan to facilitate the development of 265 Princess, an 88-unit apartment building in the Exchange District of Downtown Winnipeg.
Bonavista on the Lake is a phased construction project consisting of a 289-unit 55+ luxury apartment complex in Winnipeg, Manitoba.
Canada ICI arranged the assumption of a CMHC insured first mortgage to aid in the purchase of 703 St. Anne’s, a 33-unit mixed-use apartment building in Winnipeg, MB.
Canada ICI is pleased to announce the successful funding of a 10-storey, mixed-use building with 214-unit rental apartments and 14,169 SF of commercial space. Ruth Gardens is located in Winnipeg, MB.
Canada ICI arranged a $180,000,000 land loan to refinance a 6.48-acre development site zoned and slated for 2,000,000+ SF multi-phase development known as Galleria on the Park.
Canada ICI arranged a $9.5MM first mortgage to facilitate the purchase of a well-located residential development site at the corner of Bloor St W and Ossington Avenue. The site is LPAT approved and zoned for an 11 storey, 80,000 SF condo, scheduled to commence construction in 18-24 months.
Canada ICI Capital provided a $12.3mm first mortgage with an insurance company at a very competitive rate for a nationally tenanted retail strip plaza despite current COVID-19 restrictions. The property is located in the Junction district in Toronto and was developed and managed by a repeat Canada ICI client.
Canada ICI Capital arranged a $20MM CMHC Flex construction loan to facilitate the construction of 60 affordable rental units in Oshawa, ON.
Canada ICI arranged a CMHC affordable flex construction loan to complete an existing office tower’s conversion to 93 affordable rental units with 17,250 sq. ft. of retail and office space.
Canada ICI arranged a term loan on Linden Ridge Shopping Centre, a 210,232-square foot retail shopping centre located in Winnipeg’s south end.