Spotlight Development receives $20M land loan for development in Kitchener, Ontario

April 13, 2023

MarshallZehr is proud to provide a $20M land loan to Spotlight Development for their The Inclusive on Courtland development in Kitchener, Ontario.

The project is a multi-phase mixed-used development that will contain four high-rise residential towers and a ground floor retail space. Spanning over 6.3 acres, it will also include three levels of underground parking and approximately 1,500 parking spaces.

The Inclusive on Courtland will do its name justice by bringing 2,500+ units to the community with an affordable housing component, as well as a 24/7 daycare facility, and social and medical services.

Spotlight Development demonstrates admirable social responsibility throughout their business ventures by partnering with non-profits including Habitat for Humanity, Trillium Housing and WoodGreen Community Services.

We are proud to support a project and developer that will make such a positive and tangible difference within the community.


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 Spotlight Development

Since 2010, Spotlight Development Inc. has slowly been changing the way development is done, unveiling ground breaking communities admired for their exquisite design, quality construction, and modern lifestyle. Led by Sherry Larjani, a champion of inclusive development, the dedicated team pursues a singular vision to build thriving, multi-use sites that leave a tangible and lasting impact on the community. The company’s reputation has been earned by creating value for our investors through repurposing land and developing exquisitely designed homes, fit for the everyday needs of our customers.