MarshallZehr provides land loan for Barrie Ontario development
October 3, 2023
MarshallZehr has proudly provided a first mortgage land loan for upcoming 126 Bradford development in Barrie, Ontario. The loan will facilitate land acquisition and associated financing costs for the project, which will unfold in two phases.
126 Bradford is a future mixed-use development set to feature two impressive 41-story mixed-use towers, comprising of a total of 740 residential units. Additionally, the development will offer 750+ parking spaces and prime ground-level commercial space.
As part of this initiative, the existing commercial building on the property will be thoughtfully removed to make way for the new development.
126 Bradford boasts stunning lakefront views, complemented by its prime location, a mere 5-minute walk from Lake Simcoe Harbor. It also offers exceptional convenience with easy access to major arterial roadways connecting to the heart of downtown Barrie and surrounding areas. Furthermore, the development is under 5-minutes from the Allandale GO Station, ensuring seamless transportation to the City of Toronto.
Congratulations to everyone involved, and we are pleased to be a key partner in furthering the growth of the City of Barrie.
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 380+ 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.