New BMO financing with Mondev

The Bank of Montreal financed the acquisition by Wanklyn Investments LP of a large track of land strategically located on Wanklyn Street in Ville LaSalle for an amount greater than 17 million dollars.

Wanklyn Investments LP is a partnership which includes members of the Mondev Group The acquisition being financed is a first step to the development of a multi-phase residential project on the land.

The Gascon team of Nicolas Beaulieu and Catherine Demers had the responsibility to act on behalf of the Bank of Montreal in this financing, preparing, negotiating and closing this financing in a very short delay.