{"id":7607,"date":"2022-12-02T11:05:39","date_gmt":"2022-12-02T15:05:39","guid":{"rendered":"https:\/\/www.gascon.ca\/?p=7607"},"modified":"2022-12-02T11:05:39","modified_gmt":"2022-12-02T15:05:39","slug":"construction-financing-for-the-2nd-phase-of-the-recreatheque-project","status":"publish","type":"post","link":"https:\/\/gasc.sltm.ca\/en\/2022\/12\/02\/construction-financing-for-the-2nd-phase-of-the-recreatheque-project\/","title":{"rendered":"Construction financing for the 2nd phase of the R\u00e9cr\u00e9ath\u00e8que Project"},"content":{"rendered":"<p>Bank of Montreal financed the 2<sup>nd<\/sup> phase of the project known as the \u201cR\u00e9cr\u00e9ath\u00e8que\u201d in Laval. \u00a0The project built on the old Recr\u00e9ath\u00e8que site, an area well known to people in Laval, was now starting its 2<sup>nd<\/sup> phase.<\/p>\n<p>This second phase included the construction of a building of approximately 100 residential rental units.<\/p>\n<p>The financing granted by Bank of Montreal totalled a sum greater than $25,000,000. This second phase occurred in the middle of a spiral of increase to construction costs and to interest rate.<\/p>\n<p>The Gascon team, including Nicolas Beaulieu and Catherine Demers, had the responsibility of negotiating and putting together on behalf of Bank of Montreal, all financing documents for this construction loan.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of Montreal financed the 2nd phase of the project known as the \u201cR\u00e9cr\u00e9ath\u00e8que\u201d in Laval. \u00a0The project built on the old Recr\u00e9ath\u00e8que site, an area well known to people in Laval, was now starting its 2nd phase. This second phase included the construction of a building of approximately 100 residential rental units. The financing [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[49],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Construction financing for the 2nd phase of the R\u00e9cr\u00e9ath\u00e8que Project - Gascon<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction financing for the 2nd phase of the R\u00e9cr\u00e9ath\u00e8que Project - Gascon\" \/>\n<meta property=\"og:description\" content=\"Bank of Montreal financed the 2nd phase of the project known as the \u201cR\u00e9cr\u00e9ath\u00e8que\u201d in Laval. \u00a0The project built on the old Recr\u00e9ath\u00e8que site, an area well known to people in Laval, was now starting its 2nd phase. This second phase included the construction of a building of approximately 100 residential rental units. 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