CMHC-Insured Long-Term Financing in the amount of $29 million in the Greater Montréal area

Gascon’s financing team, led by Nicolas Lanthier, assisted and advised MCAP Financial Corporation, one of Canada’s largest independent mortgage lenders, regarding a CMHC-insured long-term financing of approximately $29 million to a Québec company operating a private retirement home / seniors’ residence with care in the Greater Montréal area. As part of this mandate, Lanthier and Emilie Therrien prepared the loan documentation, implemented the guarantees granted by the borrower and issued the required legal opinions confirming the validity and enforceability of the guarantees. Gascon is proud to have had the privilege of collaborating with MCAP and contributing to their growing activities in the province of Québec.