On behalf of COL Capital Partners Focused High Yield LP, COL Capital Partners is pleased to announce the closing of a $1,600,000 2nd mortgage on a newly constructed, purpose-built rental apartment.

 

This Best-In-Class 30-unit project, in the heart of downtown Toronto, is entirely geothermal and offers tenants SmartOne technology, excellent security features, and building wide wifi. COL Capital Partners Inc is providing liquidity to bridge through lease up and to complete the fit out of the shared amenity space.

 

Loan Amount: $1,600,000
LTV: 78%
Term: 12 Months