Morrison Financial is providing financing to support the acquisition of a land for redevelopment in Oakville, Ontario. The mortgage loan will also finance working capital required to redevelop the Property for residential purposes. The site is a part of the Oakville Midtown Official Plan Amendment, which aims to make midtown Oakville a primary strategic growth area for the region. The financing will be repaid through refinancing or sale of the property following the redevelopment process.
