On behalf of COL Capital Partners Focused High Yield LP, COL Capital Partners is pleased to announce the closing of a $39,000,000 1st mortgage on a newly constructed, purpose-built rental complex.
This brand-new building, in the heart of the vibrant Hintonburg community of Ottawa, offers 137 all-inclusive suites and is just minutes away from restaurants, recreational amenities, and Tunney’s Pasture LRT Station providing access to the central business district. COL Capital Partners Inc. provided a 2-tranche tailored debt solution to bridge the property to stabilization, prior to submission of a CMHC MLI Select application.
