On behalf ofthe Lender through a court ordered sales process, Cushman & Wakefield ULC (“C&W”) is offering for sale a 100% freehold interest in 6622 & 6688 Willingdon Avenue, Burnaby, BC (the “Property”). The Property is comprised of two legal lots totaling 52,280 square feet currently improved with 72 rental suites located in Burnaby’s transit-oriented neighbourhood of Metrotown. The Property has achieved conditional third reading to permit 460 rental suites inclusive of 72 below market replacement suites and 26 suites at CMHC median rents. The proposed building has 278,894 square feet of net rentable area for an average suite size of 606 square feet. The Property is being rezoned as a CD site based on the RM4s and RM4r bylaws to permit a gross density of 6.15 FAR. The proposed development aligns with the City of Burnaby’s inclusionary rental policy. The Property is being offered for sale to the market through a court ordered process with a formal list price of $35,000,000. All offers to purchase should follow the content and submission guidelines set forth in the data room and be submitted to Cushman & Wakefield ULC. All offers are subject to court approval and must include a “Schedule A.” All inquiries regarding the Property, data room access, offer submission, and pricing should be directed to the exclusive listing agents on behalf of the Lender.