Municipal governments are starting to put green standards in place for developers and builders to follow to help protect the planet. But will it really work?
Toronto-based real estate investment firm Downing Street has announced the launch of its $100 million private placement offering, which will be investing in first mortgages in multiple urban locations across Ontario.
The Downing Street Premium Yield Mortgage Fund LP, which will be available in DealSquare, will focus on a diversified mix of commercial, office, industrial, and development land properties, Downing Street said.
“We are actively growing both the debt and equity sides of our business and require a platform which can provide us with access to new capital sources. DealSquare offers that access, while also providing our firm with additional market exposure,” said Marc Canale, partner and COO at Downing Street. “We’re excited to launch this campaign and look forward to welcoming new investors into our business.”
Each mortgage will have a loan-to-value of not more than 75%, and a maturity of not more than two years.
“With DSPYM, Downing Street aims to provide unitholders with consistent monthly distributions backed by first mortgages that are subject to rigorous and diligent underwriting,” according to the announcement.
Downing Street said that it has been providing investment channels into residential, office, commercial, land, and industrial real estate across the GTA and Southwestern Ontario since the company’s founding in 1986.
The survey shows that buying a home in a major city centre has risen 5% since last year.
The more time and money a developer spends navigating the extensive labyrinth of procedural processes, the costlier it becomes to build a new home.The more time and money a developer spends navigating the extensive labyrinth of procedural processes, the costlier it becomes to build a new home.
Coming to Toronto May 14-15 is an in-person event discussing multifamily investing and the benefits it can have for new and experienced investors.
For Real Estate News and Market Updates & VIP Access to Exclusive Real Estate Investment Opportunities
Canadian Real Estate Wealth Media Corp. needs the contact information you provide to us to contact you with news and market updates and to share real estate investment opportunities. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.
Many Torontonians and GTA investors perceive Windsor in a different light. But the reality is, it's a growing city that has much to offer investors, homebuyers, students, immigrants, and retirees alike.
While Calgary has continued to increase in popularity, prices have remained steady unlike in markets like Toronto and Vancouver. It holds many benefits for investors.
The Scott McGillivray Real Estate Fund helps people understand passive real estate investing. Scott McGillivray himself has been speaking to people about how to invest in real estate for over 15 years.
From February 2022 to April 2022, there have already been significant price decreases. However, that doesn't mean affordability is around the corner.
According to OSFI, the real estate market in Canada has seen a massive run-up resulting from low-interest rates and supply/demand imbalances.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”