Canada ICI arranged first mortgage term financing for a retail strip centre in Fort Nelson, British Columbia. The centre features two anchor tenants, a Tim Hortons drive-thru and a Chevron gas bar. This transaction allowed the borrower to secure long-term financing at a competitive interest rate.
Canada ICI arranged first mortgage term financing for a portfolio that consists of a gas station, convenience store and multi-bay car wash in the British Columbia interior.
Canada ICI arranged first mortgage CMHC-insured financing for the construction of a six-storey student housing development in Vancouver, British Columbia. Comprised of 75 fully self-contained units, Carey Hall is a welcome addition to the University of British Columbia (UBC) Campus.
Canada ICI arranged the successful funding of a $31 million land loan for a remarkable development opportunity in Markham, Ontario. This expansive site holds immense potential and is currently in the development and design stage.
Canada ICI has arranged first mortgage financing to facilitate the purchase of a 10.5-acre parcel of development land in southern Winnipeg, Manitoba. The land is situated in one of Winnipeg’s most robust suburban office and industrial market nodes, Fort Garry Industrial Park. The asset has excellent visibility and accessibility through Pembina Highway and McGillivray Blvd.
Canada ICI has arranged first mortgage CMHC-insured financing to facilitate the refinance of Meadowood Estates, an adult living apartment complex located in Carman, Manitoba.
Meadowood Estates offers 59 spacious suites that have been designed for comfort and convenience. Each suite boasts ample natural light, a large kitchen with a walk-in pantry and full double sink, and individual temperature control. Suites also come with in-suite laundry and a private patio.
The complex offers a variety of amenities, including heated indoor parking and storage, free Wi-Fi, and a large common room with a full kitchen for family gatherings and events, making it a great place to call home.
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.
Staywell Manor Village is a 165-unit retirement facility located in the sought after, inner-city community of Garrison Woods. The residence offers three distinct care levels including Memory Care, Assisted Living, and Independent Living.
A single-tenant industrial building currently occupied by the Southern Alberta Institute of Technology. The building is located on the eastern edge of the city and serves as an instructional facility on a 7.7-acre site. The building is comprised of office space, classroom spaces, and shop space, all utilized for the instruction of SAIT students.
After extensive experience with development of multi-family assets, the borrower group started developing retail and office condominiums. The Port was the borrower’s second mixed-use commercial development in Calgary. The strong sales and leasing in place, as well as the borrower’s strong execution on their previous projects gave Canada ICI’s Asset Management Group (AMG) the confidence to provide a unique high-leverage construction solution at a highly competitive interest rate .