Angels Wealth Lenders is working with Mark Lee of HD Developments on his Avonlee Condominium project set to begin construction in May of 2009. Once completed, the development will consist of 58 units that will be marketed and sold to people looking for a great retirement village in a quiet town.
Perth is a small town situated in Ontario, Canada with a population of around 3,000 people. Mark Lee of HD Developments has been in the real estate business in Perth for more than 20 years. During that time, he has seen real estate projects and prices come and go.
The economic downturn has had an impact on the ability of real estate developers like Mark Lee to find available lending sources. “Many people think that the credit crunch has put a stop to all real estate projects. Fortunately there are alternative sources of funding available for projects like Avonlee Condominiums,”
