Allied Properties REIT

AP.UN · TSX · reit

$8,928,000

Loan receivable

Breithaupt Phase III loan, a joint arrangement with Perimeter. Allied advanced a loan to cover 50% of the pre-development costs. The loan is repayable in instalments.

Terms

Instrument: Loan receivable
Principal / carrying balance: $8,928,000
Interest rate: 7%
Rate type: fixed
Maturity: —
Term: —
Lien position: second
Counterparty: Perimeter
Property / location: —
As of: Dec 31, 2025

Security

Charge on the property, subordinated to the first mortgage

Source excerpt

The facility is secured by a charge on the property (subordinated to the first mortgage) Interest accrues at a rate of 7 00% per annum

Note 8(a) · Annual report 2026 · View filing (PDF) · extraction confidence 85%

Automatically extracted from a public filing. Verify every figure against the source document before transacting.

Allied Properties REIT

Terms

Source excerpt

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