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Dec 1, 2025 8:00 PM

Urbanfund Corp. Announces Refinancing of Toronto Residential Property

TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSXV:UFC) ("Urbanfund" or the "Company"), is pleased to announced today that it completed the refinancing of its townhouse complex located at 3080-3094 Don Mills Road and 200 Van Horne Avenue, Toronto.

The new $16.3 million mortgage financing, provided by First National Financial LP, carries a fixed interest rate of 3.55% for a term of five years. The refinancing proceeds were used to fully repay the existing mortgage on the property in the amount of approximately $8.0 million, with the remaining funds available to support general corporate purposes and future growth initiatives as determined by the Company's board of directors.

ABOUT URBANFUND CORP.

Urbanfund Corp. is an Ontario corporation listed on the TSX Venture Exchange ("TSX-V") under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario.

Urbanfund's focus is to invest in Canadian real estate and real estate related projects with a focus on ...

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