$58M Construction Loan Facility Completed April 2012 - Library District Condos

Real estate group partners, Leor Margulies and Peggy Spadafora, and one of our senior law clerks, Cindy Applegath, acted on behalf of the Bank of Montreal on a CMHC insured construction loan facility for a new project to be constructed by Context Development Inc. in partnership with the Toronto Community Housing Corporation. The project will be located at 170 Fort York Boulevard, Toronto, comprising a single 29 story tower of approximately 364 residential units and 2,800 square feet of commercial retail space.