The College Condominium at Spadina
Overview
BMO recently represented the lenders providing condominium financing for a project known as The College Condominium at Spadina by Tribute Communities, with the assistance of the Real Estate Group at Robins Appleby LLP. The College Condominium at Spadina loan facility was a $62M syndicated deal led by BMO as Lead Administrative Agent and a Co-Lender. The negotiation of the detailed Credit Agreement and finalization of all security documentation was handled by Real Estate Group partners, Leor Margulies and John Fox, with the assistance of senior law clerk, Cindy Applegath. The College Condominium at Spadina Project will be a 15-storey high-rise condominium located at 297 College Street, Toronto, and is expected to comprise 226 units and approximately 33,000 sq. ft. of retail commercial space.
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