On March 8, 2011, Otéra Capital Inc. (“Otéra Capita”) competed its financing of Société en Commandite Évol (PH-I) and Société en Commandite Évol (PH-II) (together, “SEC Évol”) for gross proceeds of $74,900,000. Based in Québec, Otéra Capital is a major institutional commercial real estate debt player across North America.
SEC Évol is a private company that creates places to live without the worries associated with the acquisition and maintenance of a property, whether it is a single-family residence, a condo or a duplex.
Miller Thomson advised SEC Évol in the transaction with a team led by Michel La Roche (Commercial Services) and comprised of Luc-Antoine Manneh and Nadim Elkommos (Financial Services), as well as Bianka Beaulieu (Notary).
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