News

Keeping you updated on recent HBNG announcements.

2016 Annual General Meeting

RGF Real Estate Fund Limited Partnership held its first Annual General Meeting on June 7th, 2016.

The meeting was chaired by HBNG Chief Executive Officer, John D’Angelo and was held at The National Club in downtown Toronto.

As well as conducting traditional orders of business Mr. D’Angelo reviewed the 2015 RGF highlights and presented his investment opportunities and strategies for 2016.

Announcement of Land Sale

HBNG Holborn Group announces that the RGF Real Estate Fund L.P. has sold the entire 40 acre State Crown Centre lands. The closing occurred on March 16, 2016.

Commenting, John D’Angelo, HBNG CEO said: “While not part of our core strategy, these lands yielded a significant return to investors. We believe this will also prove to be a good investment for the purchaser.”

CityLights on Broadway

The RGF Real Estate Fund L.P. announces its investment in CityLights on Broadway in one of Toronto’s most sought after neighbourhoods.

This Pemberton Group development will consist of two 34-storey residential towers sharing a 7-storey podium. With over 75 percent of the 900 plus units already sold, construction is scheduled to commence in the spring/summer of 2016. For more information see citylightscondos.ca

State Crown Centre

The RGF Real Estate Fund L.P.  has acquired prime development property ideally situated in the north east corner of Toronto.

This 40 acre site at the intersection of Markham Road and Steeles Avenue is surrounded by already developed lands anchored by a Walmart and Lowe’s to the east and a Shoppers Drug Mart to the west. The first 20 acres is slated for over 216,000 sq. ft. of commercial and retail development.

Mayfield West

RGF Real Estate Fund L.P. announces the acquisition of development land located in Caledon, Ontario within the Mayfield West Secondary Plan.

Part of the Rural Service Centre of Mayfield West, these lands are seen by the Town of Caledon as a compact, vibrant, well integrated community through a series of phased settlement boundary expansions.

The project is being managed by joint-venture partner Mattamy Homes, Canada’s largest home builder.

RGF Real Estate Fund

HBNG announces the formation of RGF Real Estate Fund L.P., a private partnership investing in the acquisition, development and management of strategic real estate assets.

Established early in 2015 the RGF Fund consists of a geographically diversified portfolio of high quality commercial and residential assets that includes shopping centres, offices, industrial buildings as well as residential high rise and low rise lands.