Fund III

Equity Raised: $55,400,000                                       

​10  Active Investments
0  Exited Investments

Final Closing: Q2 2016

---

Featured Investments​

Detached Houses
​​$2,500,000
Mississauga, ON
​JV Equity

Purchased:
An assembly of three single family homes on a 3.8 acre site in Mississauga, ON.
​
​Opportunity:
Sale, servicing and construction of 15 luxury detached houses.
​
​Initial Funding Date:
Q4 2016
​
Current Status:
Undergoing construction and 100% pre-sold as of Q4 2017.

Rental Apartment
​​$7,200,000
Langley, BC
​JV Equity 

Purchased:
Two adjacent parcels on a 3.8 acre site in Langley, BC.
​
​Opportunity:
Rezoning, construction and lease-up of a 202 unit six-storey rental building.
​
​Initial Funding Date:
Q1 2017
​
Current Status:
Undergoing development approval process.

Stacked Towns
​​$10,800,000
Mississauga, ON
​JV Equity

Purchased:
Undeveloped 9.0 acre site that is part of the Shaping Ninth Line initiative being undertaken by the City of Mississauga.
​
​Opportunity:
Rezoning, sale and construction of a proposed stacked townhouse development.
​
​Initial Funding Date:
Q1 2017
​
Current Status:
Undergoing Secondary Plan approval and rezoning process.

Mid-Rise Condo
​​$4,000,000
Toronto, ON
​JV Equity

Purchased:
0.94 acre site with a free standing commercial building in Etobicoke, ON.
​
​Opportunity:
Rezoning, construction and sale of an eight-storey condo development comprised of approximately 167 units and retail at-grade.
​
​Initial Funding Date:
Q2 2017
​
Current Status:
Undergoing development approval process and 75% pre-sold as of Q4 2017.

Queensway Park

Townhouses
​​$8,250,000
Burlington, ON
​JV Equity

Purchased:
27.5 acre infill site near the intersection of Highway 407 and 403 in Burlington, ON.
​
​Opportunity:
Rezoning, sale and construction of a medium density development comprised of approximately 230 townhouses.
​
​Initial Funding Date:
Q2 2017
​
Current Status:
Undergoing development approval process.

Brant Street

Multi-Residential
​​$4,500,000
Ottawa, ON
​JV Equity

Purchased:
An assembly of six adjoining properties on a 45.5 acre site in the Ottawa suburb of Orléans, of which 14.1 acres are currently developable.
​
​Opportunity:
Rezoning, sale and construction of a medium density development which includes condo flats, condo townhouses, traditional townhouses and semi-detached bungalows.
​
​Initial Funding Date:
Q4 2017
​
Current Status:
Undergoing development approval process.