News

Keeping you updated on recent HBNG announcements.

2021 ANNUAL GENERAL MEETING

RGF Real Estate Fund Limited Partnership held its sixth Annual General Meeting on Tuesday September 21st, 2021.

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

As well as conducting traditional orders of business Mr. D’Angelo reviewed the 2020 RGF highlights and shared his vision of the future.

PURCHASE: 33 YORKVILLE (TORONTO)

RGF Real Estate Fund L.P. announces its investment in 33 Yorkville in Toronto, Canada. RGF is partnering with several of Canada’s most notable investors in this $300 million purchase led by the Pemberton Group.

This stunning new community will be coming soon to the heart of Toronto’s Yorkville neighbourhood at Bay St. & Yorkville Ave. Ideally situated directly across from the Four Seasons Hotel, residents will find themselves steps from some of the finest shops, brands, designer boutiques, restaurants, and cafes that the city has to offer.

With sales expected to commence in 2022, this development will consist of over 1000 condominium units and a comparable number of below grade residential and public parking spaces.

33 Yorkville not only redefines the neighbourhood as the most exclusive address in Toronto, it also firmly establishes RGF as an industry leader.

PURCHASE OF THE MISSISAUGA YMCA

Toronto, January 14, 2021 – The purchase of the YMCA in Mississauga, Ontario by RGF (Mississauga) Developments Inc. (led by HBNG Holborn Group) was officially closed on December 15, 2020. The 4.5-acre property comprising both the YMCA building and adjacent parking lot, is ideally situated on the north east corner of Burnhamthorpe Rd. W. and Confederation Pkwy.

The future development of this signature property will take place over several phases and will potentially consist of multiple mixed-use towers atop of ground floor retail. This project is expected to be a statement addition to the City of Mississauga’s unique and burgeoning skyline.

By virtue of this exceptional location, future residents will enjoy access to not only world class shopping but also cultural amenities such as The Living Arts Centre and The Art Gallery of Mississauga as well as easy access to parks and conservation areas.

2020 ANNUAL GENERAL MEETING

RGF Real Estate Fund Limited Partnership held its Fifth Annual General Meeting on Tuesday September 15 th , 2020.

Despite what proved to be a challenging year brought on by Covid-19 we were firmly committed to overcome any potential impacts and continued to build on our record of success.

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

MAYFIELD WEST EXPANSION PROCEEDS

Ontario Premier Doug Ford was in attendance to mark the official start of the Mayfield West development project in Caledon, Ontario.

The residential portion of the development will create 7,600 new homes in the area as well as 550 new jobs. This development has been in the works since 2002.

RGF Real Estate Fund L.P. is partnered with Mattamy Homes on approximately 100 acres of land and 700 homes. Home builder Poetry Living of HBNG Holborn Group has been contracted as the official builder for RGF on this project and recently completed Phase 1 sales ahead of schedule.

2019 ANNUAL GENERAL MEETING

RGF Real Estate Fund Limited Partnership held its Fourth Annual General Meeting on Wednesday July 10th, 2019.

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

HBNG HOLBORN GROUP AND RGF REAL ESTATE FUND UNITE AS PRESENTING SPONSORS AT THE 2019 VAUGHAN MAYORS’ GALA

John A. D’Angelo, Joseph Maio and Claudio Memme of HBNG Holborn Group are recognized by the Honourable Maurizio Bevilacqua

All funds raised will be directed to the Spirit of Generosity, which continues its meaningful support of over 150 not-for-profit and community organizations including children and youth groups, health care initiatives, seniors’ organizations and special needs programs. To date, more than $30 million has been raised through the Spirit of Generosity.

$2M Donation Made to New Mackenzie Vaughan Hospital

On Septembrer 25th, John A. D’Angelo, Giuseppe Maio and Claudio Memme of leading Canadian real estate investment company HBNG Holborn Group (HBNG) announced a $2-million gift towards the new Mackenzie Vaughan Hospital. This gift will help build the main courtyard with cascading gardens, designed for patients and families as an essential therapeutic space for recreation, socialization and respite.

“As we gain more knowledge around the delivery of health care, there is an understanding that a holistic approach, one that also recognizes mental and social factors in addition to the physical symptoms of a disease, leads to better outcomes,” shared John, Giuseppe and Claudio. “It is our hope that with this gift we can help contribute to the well-being of not only patients but also their families.”

Purchase: Yonge and Elm (Toronto)

On July 16, 2018 RGF Real Estate Fund L.P. finalized the purchase of 348, 350, 352 and 354 Yonge Street, Toronto and secured the air rights above 356 Yonge Street. This constitutes a strategic addition to the previously acquired three-storey “heritage” office building at 8 Elm Street. The current designation is mixed-use in the City of Toronto’s Official Plan and ideally located just north of the Yonge and Dundas intersection.

This site is considered a prime location for a high-rise development.

This project has been purchased in partnership with Muzzo Group, one of Canada’s most diversified developers and builders.

2018 ANNUAL GENERAL MEETING

RGF Real Estate Fund Limited Partnership held its third Annual General Meeting on Monday July 16th, 2018.

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

Mr. D’Angelo’s 2017 review included the purchase of the Board of Trade golf course which was ranked as one of the top 10 real estate sales in the GTA.