UPDATED: Oxford Properties Group has obtained the largest financing package under the CMHC's Apartment Construction Loan Program (ACLP) for a Toronto development, $650 million, to finance its three-tower Alta multifamily project.
David Feldman, founder, chairman and CEO of Camrost Felcorp, has handed over daily operations to his son Joseph Feldman, who has been named president and COO of the Toronto-based residential and commercial real estate developer.
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