We’re proud to announce the refinancing of this 28-unit property for a total of six million three hundred thousand dollars ($6,300,000) through the CMHC MLI Select program, under the energy efficiency criteria.
This refinancing is the result of a strategic energy conversion initiative that led to a 55% reduction in energy consumption.
This substantial improvement allowed us to access favorable financing terms through CMHC.
Beyond the environmental performance, this move is fully aligned with our long-term value-add strategy:
- Unlock capital for future acquisitions
- Optimize the asset’s financial structure
- And most importantly, deliver strong returns to our investors over a relatively short period
This is a clear example of how financial performance and sustainable impact can go hand-in-hand in the world of multifamily real estate.
Interested in learning more about our approach? Reach out to us directly.