235 King Road set to bring 178 new homes to Richmond Hill

May 16, 2024

MarshallZehr is proud to have arranged a comprehensive financing solution for Aura Developments to facilitate land acquisition at their upcoming 235 King Road development in Richmond Hill.

This loan will provide a seamless transition to the future development of stacked townhomes, bringing 178 new residences to the Greater Toronto Area. Construction for the project is slated to begin in 2025.

This financing marks our second collaboration with Aura Developments this year. We take pride in our ongoing partnership with trusted clients, as we continue to support the development of more homes in Canada.

About MarshallZehr Group

MarshallZehr Group provides customized construction and development financial solutions for high-performing real estate developers. With more than $4.4B of fundings over 390 projects, MarshallZehr has become one of Canada’s most trusted real estate capital partners. We add value beyond capital – our team’s decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions, all backed by our industry recognized mortgage administration services.

About Aura Developments

Aura Developments stands at the forefront of the real estate and High-Rise Development, offering a comprehensive suite of services across Residential, Industrial, and Commercial projects. With an unwavering commitment to excellence, Aura Developments excels in every phase of project development, from meticulous planning and innovative design to budgeting, value engineering, financing, sales, and post-sales management.