A new Accelerated Lending Program being offered by Toronto’s Cameron Stephens Mortgage Capital Ltd., has been greeted with a rapid uptake within the commercial real estate industry, topping $100 million in loan commitments in just four months.
Downtown Toronto’s The Well is about to get a significant new tenant, with co-owners Allied Properties REIT (AP-UN-T) and RioCan REIT (REI-UN-T) announcing the lease of four additional floors in the multi-tower mixed-use downtown highrise complex.
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