Highgate Retirement Villas was recently completed and leased up quickly. Situated in a residential and commercial mixed area in the City of Vancouver, Highgate consists of (14) studio, (24) one bedroom and (12) two-bedroom and (8) villas homes. It offers the full package of assisted living services, a swimming pool, a spa and a large clubhouse.
Andrew Mackay of Capri was the originator of the loan. Capri Capital L.P. is a Chicago-based real estate investment advisory, management and mortgage capital firm investing in real estate equity and debt-related products on behalf of pension funds and institutional investors. It has approximately $6 billion under management.
The firm is a Fannie Mae Delegated Underwriting Servicing (DUS) lender, a HUD originator and servicer, and a Freddie Mac program-plus seller-servicer.
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