A Toronto-based real estate firm with a growing portfolio in Ottawa has launched a new fund with the aim of expanding its footprint in both Ontario markets.
Crown Realty Partners said this week the fund has closed its first round of financing with more than $140 million worth of commitments from institutional investors and family offices. The company said the fund expects to complete its final closing later this year.
The firm said its latest fund will focus on commercial real estate assets in Canada’s “primary office markets,” particularly the Greater Toronto Area and the National Capital Region.
Acknowledging the “disruption and hardship the pandemic is causing for businesses and their employees,” Crown Realty managing partner Les Miller said in a statement he is “confident” the company’s investments will pay off in the long term.
Hillsborough to resurface passenger ferry plan
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10 Memorable Moments/Developments in Tampa Bay Politics in 2020 By Mitch Perry Florida
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Spectrum Bay News 9 s Mitch Perry covered local reaction to George Floyd, COVID s affect on politics, and of course, Decision 2020. Below, he picked out the Top 10 Political stories of the year.
1-Michael Bloomberg campaigns in Tampa (January 26)
While Florida remains a crucial battleground swing state in general presidential elections, its place on the primary calendar precludes it from being very influential in presidential primaries (that’s why legislative leaders voted to move up the primaries in 2008 and 2012, though they were later sanctioned for doing so).
Michael Bloomberg entered the Democratic race for president extremely late, but for a brief, shining moment, appeared as if he could be the choice for centrist-leaning Democrats fearful of a Bernie Sanders nomination and Joe Bid