Canadian Real Estate Debt Team Provides Financing for Complexe Medway Faro in Lévis

We are pleased to announce that the Canadian Real Estate Debt team has entered into a financing agreement with Groupe Medway for the development of a mixed-use project in Lévis, Quebec. This development, known as Complexe Medway Faro, will include 289 rental residential units and 77,000 square feet of commercial space.

This second-ranking financing complements the financial structure provided by CDPQ and Banque Équitable and will support construction costs until long-term financing is secured. The project is located at 1015 chemin du Sault in Lévis, on the south shore of Québec City. The building will feature 15 floors, with four of those dedicated to commercial use, particularly for health-related services such as medical clinics. Additionally, the building will include amenities such as a swimming pool, fitness center, and a multi-purpose room.

Groupe Medway, founded in 2012, is a well-established medical clinic management company and real estate developer specializing in healthcare properties. The company provides office management, financial, administrative, and personnel services, which has helped attract a strong tenant base. To date, 82% of the commercial space within the project has already been leased.