1253 Ste Catherine Street, Montreal

This 35,219 dual tenant retail building is located along one of Montreal’s premier shopping nodes on Ste-Catherine Street. Excel arranged the $19,500,000 non-recourse refinancing together with a partnering brokerage firm by utilizing both US and Canada based lenders. We successfully negotiated a higher-leverage, 10 year, 3.5% fixed rate non-recourse loan, in a typically recourse market.