Construction Financing Completed for One Bloor Street East, Toronto

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Overview

Leor Margulies and Tara Welat of our Real Estate Group and senior law clerk, Audrey Weaver, provided legal representation to Great Gulf on the completion of a $284 Million construction financing facility for One Bloor Street East, Toronto. The financing was provided by a consortium of 5 lenders led by the Royal Bank of Canada. Great Gulf has already commenced construction of this landmark project which will be one of the largest and tallest mixed use residential and retail condominium projects in Canada.