Fund IIIEquity Raised: $55,400,000
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9 Active Investments
2 Exited Investments Final Closing: Q2 2016
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Featured Investments
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Detached Houses
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: Exited and units closed in Q1 2020. |
Rental Apartment
Purchased:
Two adjacent parcels on a 3.8 acre site in Langley, BC. Opportunity: Rezoning, construction and lease-up of two six-storey rental buildings. Initial Funding Date: Q1 2017 Current Status: Undergoing development approval process. |
Multi-Residential
Purchased:
Undeveloped 14.4 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 multi-residential development, with a portion of the land to be sold on an entitled basis. Initial Funding Date: Q1 2017 Current Status: Undergoing development approval process. |
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Mid-Rise Condo
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 167 units and retail at-grade. Initial Funding Date: Q2 2017 Current Status: Under construction and 95% sold as of Q4 2020. Queensway Park |
Townhouses
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 210 townhouses. Initial Funding Date: Q2 2017 Current Status: 35% sold as of Q4 2020. |
Multi-Residential
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 |
