A mixed-use development project located in the southern edge of the Bailey Neighborhood area in the City of Surrey. The project consists of 2 high rise towers including a 39 storey North Tower with 407 condo units and a 45-storey South Tower with 509 condo units. The South Tower has a 10-storey podium with 104 rental units and a 12-storey podium offering residential condo with a daycare centre on ground level. Abacus North assisted with the land acquisition and construction financing. Approximate project costs are $350 million with a market value of $600 million.
District North West
University Drive, Surrey BC
Luxio is a multi-family development project in the Brighouse sub area of the Richmond City Centre neighbourhood. The project consists of 8 three-storey townhouses, 41 apartment units and the residential towers with retailers at the ground floor level. The entire project contains 49 units in a 6 storey building. Abacus North assisted in providing capital to successfully complete construction of the property. Total project costs are approximately $30 million with a project market value of $40 million.
Luxio
8428 Park Road, Richmond BC
Aura is a multi-family development project located in the Renfrew-Collingwood neighbourhood of East Vancouver. The project comprises of a 6-storey wood frame condominium building, consisting of 46 residential units. Abacus North assisted in securing financing and facilitating construction costs. Total project costs are approximately $24.5 million with a market value
Aura
5397 - 5427 Joyce Street, Vancouver BC
Sequioa is a transit-oriented high-rise project located in Surrey’s West Village neighbourhood. The project consists of one 36-storey concrete residential high-rise tower with 386 residential units and includes ground-floor townhouses. Abacus North arranged land acquisition and assistance in construction financing during the development of this site. Approximate project costs are $250 million with a market value of $300 million.
Sequioa
10375 133 Street & 13242-13252 104 Avenue, Surrey BC
An exclusive townhouse development with a total of 48 units featuring pragmatic floorplans built for modern families. Abacus North assisted with mortgage financing and facilitation of construction development. Approximate project costs are $32 million with a market value of $40 million.
Yale Gardens
10450 - 10506 125 B Street, Surrey BC
Chronicle is a designated heritage condo development comprising of 48 units located in Cloverdale, Surrey, BC. Abacus North arranged mortgage and construction financing of the development site. Total project costs are approximate $21 million with a market value of $24 million.
Chronicle
5660 177 B Street, Surrey BC
A master planned multi-family residential community located in the highly desirable neighborhood of Brentwood in the City of Burnaby. The project consists of 3 high rise towers with grade level townhouse units. The entire project contains 829 strata residential units. Abacus North assisted in providing capital to successfully complete the acquisition of the property and provide working capital during the re-zoning process. Total projects costs are approximately $300 Million with a project market value of $500 Million.
Lumina
2425 Beta Avenue, Burnaby BC
The Alpha development is located in the Brentwood area in North Burnaby. This 23 storey high-rise residential tower will consist of 160 strata titled units demised into 156 condominiums and 4 townhouse units. The development also includes main floor and underground parking containing 212 parking stalls. Abacus North arranged the acquisition, working capital for soft costs during the rezoning process and construction financing. Total project costs are approximately $85 Million with a market value of $110 Million.
Alpha at Lumina
2242 Alpha Avenue, Burnaby BC
Highline is a high-density mixed use development located in the highly desirable neighborhood of Metrotown – Metropolis Centre of Burnaby. The property is a 45 storey mixed use building with retail and office use on the ground and podium levels, and a 14 storey non-market housing building. Abacus North assisted with the land acquisition and construction financing. Approximate project costs are $220 Million with a market value of $275 Million.
Highline
6505 Sussex Avenue, Burnaby BC
A high-density development in the heart of Downtown Richmond along Lansdowne and Minoru Blvd. The mixed-use development will consist of three residential towers with retail at the bottom and one office tower. The project will consist of 390 residential units and 4 levels of parking with 890 spaces. Abacus North assisted with the land acquisition costs of approximately $60 Million.
Minoru
5740 - 5800 Minoru Blvd, Richmond BC
A 25-storey, mixed-use development consisting of 125 residential condo units, 52 market rent apartments, six non-market apartments, three commercial units and 282 stalls of underground parking. Market rental apartments will be held and managed by the Borrower. Non-market rental apartments will be gifted to the City of Coquitlam. The site currently encompasses a single legal lot that is improved with two commercial buildings and a paved parking lot. Abacus North assisted with the land acquisition costs of approximately $10 Million and the construction loan of $77 Million.
Loma
901 Lougheed Highway, Coquitlam, BC
Amaji - Squamish is a vacant site that is to be developed with a free standing six storey mixed-use development. The development will consist of 64 residential units on top of two floors of office and commercial retail units. Abacus North assisted with the construction financing with a total project cost of $26 Million.
Amaji
38033 Second Avenue, Squamish BC
Willow Brook Village is located in the Willow Brook neighborhood in the Township of Langley. In total the project is a 199 unit mixed-use residential and 19,500 square feet of commercial space. The project consists of 83 townhouse units and 116 condominiums and 20 commercial real estate units. Abacus North assisted with obtaining land acquisition along with Phase I & II developments costs. There are a total of 4 phases and Abacus North will be securing the financing till the completion of the project. Total project costs are approximately $70 Million with market value of $80 Million.
WillowBrook Village
Willowbrook Village, Langley BC
ANC secured land acquisition financing for three residential sites in the City of Langley. The site is currently occupied with single family dwellings. The sites are to be developed in to a 5 storey 79 unit wood-frame apartment building with two levels of concrete below grade parking.
The Wesley
5475-5493 Brydon Crescent, Langley BC
A four storey, 81 unit mixed-use condominium project. In total there are 73 residential units and 7 commercial units located at the intersection of Renfrew and 1st Ave. Abacus North arranged for the financing for the construction loans. Total project costs were approximately $30 Million.
1st & Renfrew
2889 1st Avenue, Vancouver BC
TPC is a 121,942 square foot 4 storey retail office building with 83 underground and 256 surface parking stalls. The tenant base is to consist of low impact businesses, high-tech industries, research and development companies, light manufacturing and corporate head offices. Abacus North arranged the land acquisition and the working capital during the re-zoning process.
The Professional Center
3211 152 Street, Surrey BC
Our Projects
What We Offer
Mortgage Banking
Abacus North provides unique, creative, long-term financing options for any scale project. Capital is sourced from traditional senior lenders, private/mezzanine debt providers and institutional lenders.
Due to the scale of the projects we have sourced capital for and focus on maintain long-term relationships with lenders our clients often benefit from preferential access.
Our portfolio includes an array of properties, including mid & high rise condo developments, office and industrial buildings, retail shopping centres, senior housing facilities, hotels, and multi-family apartment complexes.
With custom solutions, our structured debt professionals will guide you through each of the options available to best suit you in bringing your vision to fruition.