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Hedge Road Landing receives $16M financing solution
July 25, 2024
MarshallZehr is proud to have arranged a $16M financing solution for Alliance Homes and The Rose Corporation, to support phases 2 and 3 of their Hedge Road Landing development in Georgina, Ontario. This loan follows our $54M financing for phase 1 of the development in 2022.
Phase 1 of the project is underway and includes 144 units, with 14 currently delivered. Phases 2 and 3 will feature 168 units, bringing 312 low-rise bungalow homes to the community upon completion.
Hedge Road Landing is located on the beautiful south shores of Lake Simcoe in Jackson’s Point and is designed to enrich the local community with quality housing.
We are proud to support the growth and development of new homes and are excited about the positive impact Hedge Road Landing will bring. Congratulations to Alliance Homes and The Rose Corporation and everyone involved in working to bring this project to life.
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About MarshallZehr Group
MarshallZehr Group provides customized construction and development financial solutions for high-performing real estate developers. With more than $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 Alliance Homes
Alliance Homes focuses on building good, solid homes with lasting appeal for attractive prices in excellent locations. They have completed highly successful communities across the Greater Toronto Area and beyond, including Oshawa, Brooklin, Whitby, Port Perry and Uxbridge in the Region of Durham, to Beeton, Barrie, Concord, Alliston, Collingwood and Huntsville.
About The Rose Corporation
Rose is a boutique real estate development and asset management firm which develops more than just real estate. With sensibility, selectivity and passion, Rose applies deep knowledge, prudent entrepreneurship and strong relationships to its investments. Rose’s core competency is understanding and managing the relevant risks in complex situations, emphasizing capital preservation while generating attractive risk-adjusted returns.