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.