Nahid Broadview takes shape through substantial construction advancements
May 9, 2023
MarshallZehr is proud to announce the latest milestone achieved by our client, Nahid Corp, on their Nahid Broadview development located in the heart of Toronto, Ontario. We extend our congratulations to Nahid Corp on the successful completion of excavation and shoring, and we eagerly anticipate the installation of the on-site crane, which is set to take place in the coming days.
Last December, MarshallZehr provided a $30M construction loan for the development. We are thrilled to see the significant progress that has happened on site in just a matter of months.
In light of Toronto’s rapid population growth, the demand for quality housing continues to rise. Upon completion, Nahid Broadview’s 6-story structure will offer 33 luxurious residential units along Broadview Avenue.
We look forward to witnessing further advancements to this exciting project and to supporting Nahid through the entire project lifestyle.
About MarshallZehr Group
MarshallZehr Group provides customized construction and development financial solutions for high-performing real estate developers. With more than $3.8B of fundings over 370+ 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 Nahid Corp.
Nahid is a development company focused on improving the lives of our clients and community members by providing them with innovative, high quality, secure homes that are suited to their requirements and needs.
Since 2017, Nahid has dedicated itself to giving back to the community through creating safe, sustainable, advanced, and vibrant urban communities that embrace the essential aspects of a good life and enhance the standard of living for all residents.