Canada ICI is pleased to announce the successful arrangement of first mortgage financing for T&T Towers, a fully renovated and stabilized 2-building office complex in Downtown Saskatoon, Saskatchewan. The property is comprised of 133,301 square feet of NLA, and boasts a strong tenant mix along with high-quality tenant amenity areas.
Canada ICI is pleased to announce the successful closing of a CMHC refinance for a 101,677 SF mixed-use asset in Sidney, BC. This optimized financing structure significantly reduces borrowing costs while enhancing long-term cash flow for ownership. It was a privilege to partner with such a sophisticated ownership group on this high-quality, institutional-grade asset.
ICI is pleased to announce that we have arranged first mortgage CMHC-insured financing to facilitate the construction of an 89-unit apartment complex, located in Surrey, BC. The project will provide affordable units through the CMHC Select program.
Canada ICI is pleased to announce CMHC first mortgage financing to facilitate the construction of a multi-family development located in Winnipeg, Manitoba. The subject property is a 1.54-acre parcel located at the corner of a light-controlled intersection along Sterling Lyon Pkwy in Winnipeg’s southwest quadrant. The site will be developed with a 7-storey concrete multi-family building containing 162 dwelling units.
Canada ICI is pleased to announce the first mortgage financing to facilitate the construction of a 2.34-acre multi-family development in Nanaimo, BC. The site is well located, approximately 600m northeast of Vancouver Island University, and within 1.5km of Nanaimo’s CBD. The site benefits from its proximity to all the associated University amenities such as sports fields, shopping centres, a hockey arena, and an aquatic centre. The proposed buildings will be 5 and 6 stories in height, containing a combined total of 171 units.
Canada ICI arranged CMHC MLI Select construction financing for a purpose-built rental development in Kelowna, British Columbia. This five-storey wood-frame building delivers 45 modern rental units. Qualification for funding was achieved through the Affordability and Energy Efficiency criteria.
Canada ICI arranged first mortgage financing for the acquisition of an existing office building in Calgary, Alberta. Located in the Lower Mount Royal neighbourhood, this 59,703-square-foot property benefits from a prime corner location immediately south of the Beltline and the central business district. The surrounding area offers pedestrian-friendly access to retail, dining, and transit along the 17th Avenue SW corridor.
Canada ICI arranged first mortgage financing for the acquisition of a development land parcel in Victoria, British Columbia. This 15,134-square-foot (0.35-acre) parcel is currently improved with a single-tenant industrial building, which is slated for demolition. Upon completion, this development is set to feature a five-storey mixed-use building containing 56 residential units and 11,011 square feet of commercial space.
Canada ICI arranged first mortgage financing for the refinancing of a townhouse complex in Edmonton, Alberta. Situated on a 10.48-acre site, these two-storey townhomes feature 160 residential units across 40 buildings. With close proximity to the downtown core, this property offers residents convenient access to various everyday essentials.
Canada ICI arranged first mortgage CMHC-insured financing for the construction of a 75-unit apartment complex in Langford, British Columbia. This project will provide affordable units through the CMHC MLI Select program.