Savic Homes reaches occupancy at Highland Road

November 27, 2023

Congratulations to our client, Savic Homes, on reaching occupancy in block F at their Highland Road development in Kitchener, Ontario.

In December 2022, MarshallZehr was happy to provide a $103.8M construction financing solution for the development.

Highland Road is a multi-phase, purpose-built rental project that is bringing over 300 new units to the community with an affordable housing component.

Block G is currently under development and is progressing well.

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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 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.

About Savic Homes

Savic Homes is a builder and developer based out of Kitchener, Ontario. Founded in 1988, Savic Homes continuously challenges industry norms and standards, exceeding expectations and raising the bar for industry performance. For more than twenty years, Savic Homes has built prosperous neighbourhoods that define and accentuate what the region has to offer. Through their philosophy of “doing it right, right from the start”, Savic Homes constructs and develops high-quality living spaces in and around the Waterloo region.