Long-term CMHC financing of $29 million in the Montréal region

Gascon’s financing team, led byMe Nicolas Lanthier, assisted and advised MCAP Financial Corporation, one of Canada’s largest independent mortgage lenders, in a CMHC-insured long-term financing of nearly $29 million for a Quebec company operating a retirement home/senior care residence in the Montreal area. As part of this mandate,Me Lanthier andMe Émilie Therrien prepared the loan agreement, analyzed and implemented the guarantees granted by the borrower, and issued legal opinions on their validity and enforceability. Gascon is proud to have had the privilege of collaborating with MCAP on this financing, and to have contributed to the growth of MCAP’s activities in the province of Quebec.

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