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Hotel/Residential

38,500,000

Arranged the Acquisition Financing loan to assist with the acquisition of the Oak Bay Beach Hotel out of Receivership. This property is a Luxury Residential Condominium and Boutique Hotel consisting of 100 hotel suites and 20 private residences located on the waterfront in beautiful Oak Bay. The hotel amenities include a theater and conference facilities, restaurant, pub, cafe, spa and heated outdoor pool and hot tub facilities.

Victoria, B.C.