Successfully financed $59,500,000 for the purchase of Georgetown Market Place, a 339,000 sq. ft. enclosed mall in Georgetown, Ontario, featuring over 80 tenants and 95% occupancy.
Foundry Mortgage Capital is pleased to announce the successful financing of Georgetown Market Place for $59,500,000 on a purchase of $64,500,000. The property is a 339,000 square foot enclosed mall located in Georgetown, Ontario consisting of over 80 tenants and 95% occupancy including Walmart, LCBO, Sport Chek, Winners, Scotiabank, BMO and CIBC, to name a few.
Thank you to our client for entrusting Foundry with unlocking equity in their other properties to arrange a high leverage loan and timely closing for the purchase. Congratulations to Dinesh Achria for successfully closing this financing.
If you have financing needs for your projects, contact one of our team members today.
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