Stoic arranged the acquisition financing for a 4-lot site assembly for a future 72-unit rental apartment project in Vancouver, BC. The developer had acquired the development site without rezoning or development permit in place.
Stoic arranged acquisition financing for an industrial development site in Vancouver, BC. The developer intends to re-develop the site into a two-phase, ~200,000 sq. ft. multi-level industrial / flex office project.
Stoic arranged a pre-construction land loan with a letter of credit facility for a commercial strata development – named Frameworks – located in the False Creek Flats. The project is a 200,000 sq. ft., 5-storey commercial strata building with 85 strata industrial and office units.