Paragon completes private financing for an iconic project in Montreal
Paragon SA strengthens its international operations by completing a private financing deal for a real estate project under construction in the heart of Montreal, Canada. Located in the Ville-Marie borough, this project embodies dynamism and luxury at the epicenter of the vibrant Quebec metropolis.
The building, a modern 36-story glass tower, will house 450 units, ranging from studios to high-end condominiums and luxurious penthouses. Designed by the prestigious Menkès Shooner Dagenais Letourneaux Architects, the tower stands out for its contemporary design and strategic location. Situated at the intersection of René-Lévesque Boulevard and Guy Street, it marks the western gateway to downtown Montreal and lies just steps away from the iconic avenues Sainte-Catherine, Sherbrooke, and Notre-Dame, synonymous with luxury shopping and a vibrant urban lifestyle.
Ville-Marie, home to both Montreal’s business district and historic center, is one of the city’s most sought-after neighborhoods. Its appeal lies in its unique blend of history, modernity, and accessibility. This borough is also a prime destination for real estate investors due to its high residential demand and superior infrastructure.
By supporting the buyer in this operation, Paragon continues to demonstrate its expertise in deal structuring and asset valuation in highly attractive urban areas. Our involvement in this project is a private lender generating attractive returns with very solid security.
