Highly competitive non-recourse financing has been arranged, subsequently featuring two institutional-quality industrial assets in Vancouver and Richmond, British Columbia.
Knox Village is a 238 unit four-storey rental apartment complex in the Knox Mountain community. The plan is focused around an open space concept and will include one-, two-, and three-bedroom suites.
Knox Village residents will have access to excellent onsite amenities such as fitness facilities, a private clubhouse, and electric vehicle plug-ins. Knox Village will be situated in hillside heights – less than ten minutes to downtown Kelowna and only minutes away from Knox Mountain Park.
Vernon Street is set to feature this 125 unit seniors’ facility in Nelson, BC.
The project will offer rental units to seniors and access to assisted living services.
The six-storey building is planned to rise four floors above Vernon Street with two storeys at and just below street level – the lowest being a parking level. Commercial space occupies the street level, while apartment rentals will populate the upper four.
Northwest Health Centre is a three-storey medical building, totalling 25,936 square feet and situated in Calgary’s expanding Northwest.
Arcadia is a two-building, four-storey rental apartment complex with a total net rentable area of 128,477 square feet.
The subject property consists of 159 units, featuring: one- plus den, two-, two- plus den, and three-bedroom units, tailored to the suburban renter.
Trail19 is a progressive inner-city development consisting of 2,720 square feet of podium commercial space. It also features 81 one, two, and three-bedroom apartment rental units built above – for a total net rentable area of 52,657 square feet.
Canada ICI financed over $71 million in CMHC Insured Financing for a development totalling 276 purpose-built rental units in Kelowna, British Columbia.
Canada ICI financed over $95 million in CMHC Insured Construction Financing across two developments, totalling 540 multi-family rental units in Calgary, Alberta.
Canada ICI is pleased to have coordinated the construction financing for the Rivercrest Townhomes. This project is an 86-unit rental development in Cochrane, Alberta.
The Southside Industrial Portfolio is the successful financing of 202,271 square feet of industrial real estate spanning five buildings in Edmonton, Alberta.