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Investor Brief
Q3 July 2023
ICP is deeply engaged in debt financing for both ICP Springfield and Creekside Estates (ICP Stratford). With formidable market conditions, including interest rates 4-5x where we were 1-2 years ago, ICP has viable funding options for both projects and we expect to secure the necessary debt this quarter. With financing our primary focus, we’re also working diligently with our GCs to value engineer and reduce construction costs. Learn more in this quarter’s Investor Update, including:
Current Finance & Lending Landscape
Interest Rate & Commodity Market Impacts
ICP Springfield Phase 1 Update
Creekside Estates Update