De Grandpré Chait is proud to have contributed to the successful completion of a significant real estate transaction involving two residential buildings located at 220 and 225 Olivier Avenue in Westmount.
Built in 1966 and owned by the same family since their construction, these six-storey buildings have changed hands for the first time in nearly 60 years.
Comprising a total of 125 residential units and approximately 150,000 square feet, the two properties stand out for their spacious units and prime location in one of the most sought-after residential markets in the greater Montreal area.
This acquisition represents a rare investment opportunity in a market where real estate assets of this scale seldom become available.
Our partner Marc J. Rubin, working alongside our lawyer Deirdra Corber, represented the vendor, while our partner Alexander Rigante represented the lender, CMLS. Our professionals’ involvement in both the sale and financing aspects of the transaction highlights the breadth of expertise within our Real Estate Law team and its ability to successfully execute transactions of this significance.
Congratulations to all parties and professionals who contributed to the successful closing of this transaction.
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