MarshallZehr provides 1st Mortgage to the Arlington Street Group
September 12, 2024
MarshallZehr is pleased to have provided a 1st mortgage financing solution to the Arlington Street Group for their Barber Road development in Kelowna, British Columbia. This loan will provide working capital to advance the project to construction, which is expected to begin by the end of this year.
Once completed, the project will feature a 6-story rental apartment building with 144 units and two levels of underground parking.
This financing is another successful collaboration between MarshallZehr and the Arlington Street Group, and we look forward to continuing our strong partnership together.
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 Arlington Street Group
The Arlington Street Group creates strong real estate investments in Western Canada’s urban markets to build unique properties that fulfill both tenant and community aspirations. Their developments set new standards for architecture and are thoughtfully designed to revitalize and enhance the existing neighbourhoods in which they are built.