CoryCo Properties Inc.
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1403 26A Street Southwest
#144, 1935 32 Avenue NE
01/09/2024
Looking for experienced builders/developers with proven track record and financial stability interested in backing an inner-city row house development. Lenders require 10-15% (500k +/-) liquidity of construction costs to proceed with financing the project as contingency. The land assembly is 2 lots in Highland Park Calgary with approx. 50% debt to land value. 12 row houses, rezoning not required MC1 contextual. More units if split up for affordability to help qualify for MLI select. I am actively seeking private funding for the contingency and soft costs using equity in my other properties. As I wait for updates from those brokers, I thought I would see who else might want to do this build and possibly a great networking opportunity. The picture is from a project in the area I used for example, the renderings are from my feasibility study.
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Calgary, AB