Canada ICI arranged CMHC-insured construction financing of a 21-unit townhome rental project in Coalhurst, Alberta, just 10 kilometres west of Lethbridge. This project will help provide much-needed housing for a growing population.

21
No. of units

Canada ICI arranged first-mortgage CMHC-insured financing to facilitate the construction of The Maverick, a four-storey, multi-family rental project with 178 units in the Griesbach neighbourhood of Edmonton, Alberta.

178
No. of units
4
No. of storeys

Canada ICI is pleased to announce the successful arrangement of CMHC-insured construction financing for two multi-family apartment buildings, known as Baydo Pointe, located in Edmonton, Alberta. The proposed construction consists of two six-storey buildings totalling 193,500 sq. ft. Of the two buildings, one will have 118 units, while the other will have 94 units. Located just a 5-minute walk from the Clareview LRT Station, there are many residential amenities like restaurants, retail, schools, parks and more, and it provides direct access to Downtown Edmonton in 15 minutes and the University of Alberta in 20 minutes.

212
No. of units
2
No. of buildings

Canada ICI arranged CMHC-insured financing for the Eleanor. The 30-storey high-rise consists of 272 units and is located directly adjacent to the University of Alberta and the University of Alberta Hospital.

272
No of units
30
No. of storeys

Canada ICI arranged acquisition financing for a ~30,000 sq. ft. multi-tenant building located in Nisku, Alberta. The loan was structured to capitalize on the Borrower’s repositioning strategy for the asset.

Canada ICI arranged first mortgage financing to facilitate the construction of Riverbank Landing Condos in St. Albert, Alberta. The first phase of the development will feature 142 residential units and ground-floor retail units. The whole property boasts a wide variety of shared amenity spaces, including a rooftop terrace, yoga room, fitness center, and business centre.

142
No. of units

Canada ICI arranged the funding of an 85-suite adult lifestyle apartment building in Stony Plain, Alberta. Each suite has a full kitchen, in-suite laundry, and a balcony, allowing residents to live independently while having access to assistance.

85
No. of units

Canada ICI arranged construction financing to facilitate the development of a mixed-use multi-family building in Edmonton’s Keswick neighbourhood. The development will include 45 suites and ~8,200 square feet of main-floor retail space.

45
No. of units
8200
No. of square feet retail space

Canada ICI arranged construction financing for the development of a 59-suite multi-family building located in Prince George, British Columbia. The subject development is to be developed as an air space parcel and uniquely located over a City of Prince George-owned parkade.

59
No. of units

Canada ICI arranged construction financing for the development of a 57-suite multi-family building ideally located within walking distance to the University of Alberta and Whyte Avenue in Edmonton, Alberta.

57
No. of units