TD Bank provides $153 million credit facilities to Morguard Corporation

On December 23, 2008, Morguard Corporation completed three variable rate mortgage financings with an interest rate swap feature, totalling approximately $153,000,000 with the Toronto-Dominion Bank. The facilities are secured against several of Morguard's multi-unit residential properties in the Greater Toronto Area.

The Toronto-Dominion Bank was represented in these transactions by Fasken Martineau with a team comprised of Steve Blimkie (real estate) and Jon Holmstrom (banking), with the assistance of law clerk Linda Caldwell.