Join us for an investor presentation on Pinemount 250 Danforth Pref LP, a $5 million short-term bridge financing with a contractual interest rate of 15% per annum and a target term of 12 months.

The financing will support the final pre-development phase of a 208-unit purpose-built rental development in Scarborough, Ontario and is intended to bridge the project to CMHC-insured construction financing. Repayment is expected from CMHC construction financing, which is anticipated to close within the loan term.

Unlike Cranson's traditional development equity offerings, investors are not expected to remain invested through construction, lease-up, or stabilization.

Attend the presentation to learn more about the financing structure, the anticipated repayment strategy, the project's current status, and Pinemount Developments' path to construction financing.