Investors step in to save Kitchener’s 4-tower Elevate condo project

Article Repost from renx.ca – Oct 17, 2024https://renx.ca/investors-step-in-to-save-elevate-condo-project-in-kitchener Dorr Capital, Gentai Capital, ELM Developments purchase $75M project from receivership In what has been described as an “innovative” financial deal, two mortgage companies have partnered to buy a Kitchener, Ont. condo tower project out of receivership and restart the stalled building process. The Elevate project fell […]