Gascon & Associates is proud to represent a leading Québec real estate developer.

In 2024, partner Jean Proulx was retained to advise on the acquisition of a vacant lot in Montréal for a residential development. The acquisition included a balance of purchase price, with provisions for full or partial repayment by mid2025.

The transaction raised several issues, notably environmental matters. Negotiations on the parties’ undertakings and the mechanics of the partial repayment spanned several months and required close coordination with partners and lenders. The arrangements were finalized within the agreed timeline.

In connection with the partial repayment, multiple ancillary documents were prepared and executed, and Gascon & Associates managed the process end to end.

Gascon & Associates’ real estate team has extensive experience in financing, partnerships, acquisitions, and coownership matters and is well equipped to advise you.

By: Me Jean Proulx, partner, de Me Catherine Ramsay-Piérard, lawyer and de Me Marie-Chantale Dubé, notary.