Massey Knakal Capital Services closed a $4 million unsecured line-of-credit to finance construction of Le District French eatery at Brookfield Place.
Rendering of Le District
Garrett Thelander and Bruce Whipple arranged the loan on behalf of HPH to construct the 30,000 s/f boutique food market that will serve as the anchor food venue a at Brookfield Place.
The all-in rate for the financing was below three percent for an initial term of three years and provided by a private wealth lending institution.
HPH operates 28 other food and beverage ventures that include Harry’s Café and Steak.
