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Waterloo Region Connected  /  Land Development and Real Estate  /  Urban Areas v  /  Weber Yards (1333 Weber St E) (nee Elevate Condos) | 15, 15, 12 & 12 fl | U/C


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Weber Yards (1333 Weber St E) (nee Elevate Condos) | 15, 15, 12 & 12 fl | U/C
taylortbb Offline
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#206
10-25-2023, 10:38 AM (This post was last modified: 10-25-2023, 12:28 PM by taylortbb.)
The $46MM in down payments would likely have been held in trust by a law firm, that's how it worked for Charlie West, and I think it's a regulatory requirement.

So that money isn't actually available for construction, though it's strong support for a loan.
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RE: Elevate Condos (1333 Weber St E) | 15, 15, 12 & 12 fl | U/C - by taylortbb - 10-25-2023, 10:38 AM

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