Managing some of the largest and most high-profile debt financings in BC and other jurisdictions, our Banking group has been busy this year!
We started the year closing a $550,000,000 refinancing of a major shopping centre. Since then, we have also handled the following:
- $220,000,000 construction financing made available by our institutional asset manager client with respect to a large mixed-use development in downtown Vancouver
- $200,000,000 financing by our Canadian bank client with respect to a large land assembly and multi‑phased development in North Vancouver
- $130,000,000 financing by our client for the acquisition by a major shopping centre in Richmond
- $300,000,000 construction financing made available by our institutional asset manager client in connection with a large multi‑phased, mixed‑use Lower Mainland development
- Syndicated construction financing in excess of $100,000,000 by our client (lead agent) regarding a Greater Toronto Area residential development
- Acting on behalf of a Canadian bank with respect to a major automotive dealer with aggregate borrowings in excess of $377,000,000, including the acquisition of luxury dealerships in Washington State