58 Million Dollar Construction Loan Facility
Overview
Real estate group partners, Leor Margulies and Peggy Spadafora, and one of our senior law clerks, Cindy Applegath, acted on behalf of the Bank of Montreal on a CMHC insured construction loan facility for a new project to be constructed by Context Development Inc. in partnership with the Toronto Community Housing Corporation. The project will be located at 170 Fort York Boulevard, Toronto, comprising a single 29 story tower of approximately 364 residential units and 2,800 square feet of commercial retail space.
Lawyers
Our Clerks
Representative Work
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| Affordable and Social Housing
The high art deal: building Ontario fund creates permanent affordable units
Robins Appleby and John Fox were pleased to assist the Building Ontario Fund and its lead lawyers, Oslers, to create up to 550 long-term affordable rental housing in the GTA. Building Ontario Fun... -
| Affordable and Social Housing
A new blueprint for affordable housing
Our Affordable Housing Team regularly acts in deals between non-profit and for-profit developers. In this case, the team, led by John Fox and Stephanie Lanz, acted for Markham Inter-Church Commit... -
| Real Estate and Development
A $36.34M milestone in Midhurst
Our Real Estate team recently completed the $36.34 million purchase of 141 fully serviced residential lots in Midhurst, Ontario, on behalf of a major GTA builder/ developer.The transaction was le...