Core Capital Partners Inc. (FSCO Brokerage No 12497) is pleased to announce the successful exit of the second mortgage Core investors provided to developers by way of a mezzanine loan amounting to $ 825,000 for soft costs to advance the Sherwood Forest student residences. The project is located in close proximity to Western University and Sherwood Forest Commercial complex in London Ontario. The project is now branded as “The W.”
Phase 1 is scheduled to be completed in 2019 and will include two 4-storey buildings containing a total of 56 student suites. Each suite is a self-contained 4 bedroom furnished apartment containing a full kitchen, living room, washer / dryer, and four private bedrooms each having a private bathroom. A central amenity building ‘clubhouse’ will provide group and private study rooms, fitness centre, social lounge with billiards, kitchen and soft seating, and a sales centre.
CORE held its 4th Annual Red Carpet Event last September 8, 2018. The event was held at Hacienda Sarria located in Kitchener ON. Charming and unique, all 200 guest were greeted and enjoyed the evening at the European styled villa.
The evening started out with drinks and music as guests reconnected with old friends and introduced to new ones. Haven developments, iViva Homes and Reid’s Heritage homes were guest developers for the evening. Through their corporate booths, investors got first dibs on the latest offerings.
The group then proceeded to the plenary where CORE CEO Roberto Lloren shared a year in review and laid out the corporate direction in 2019. Dinner and drinks followed as laughter and great conversations pervaded the place.
BRED, through its partnership with CORE is pioneering the real estate industry by utilizing the blockchain technology and strategically bridging the gap between the digital and traditional real estate markets. Both CORE and BRED are working hard to launch a series of real estate opportunities that will be available and funded in the digital space.