What do you think of this project?

  • I dislike it

    Votes: 0 0.0%
  • I dislike it a lot

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  • Total voters
    39
So, they have approved funding from CMHC, but less than was originally committed to. They are working at filling the funding gap before construction will resume.
CMHC funding makes it really difficult to then go find a private investor for more money............
 
CMHC funding makes it really difficult to then go find a private investor for more money............
Yeah, kind of surprised they didn't get enough through MLI Select, as I know TONS of local developers that have funded their projects through that, since the $1,664 monthly rents it requires are basically market rates for Edmonton.
 

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