Toronto

5607-5609 Yonge St (Toronto)

RGF Real Estate Fund L.P. announces its purchase of 5607-5609 Yonge Street on the North East corner of Yonge St. and Finch Ave. E. in Toronto. This 0.5 acre site is designated as a mixed-use and is located within the North York Centre Secondary Plan.

This site is currently occupied by a bank and is a prime location for a residential high-rise condominium incorporating retail and commercial mixed use space .

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

8 Elm Street (Toronto)

RGF Real Estate Fund L.P. announces the acquisition of a three-storey “heritage” office building at 8 Elm Street in Toronto. It is designated as a mixed-use area in the City of Toronto’s Official Plan and ideally located just north of the Yonge and Dundas intersection.

This site is a prime location for a high-rise condominium either with or without the incorporation of the adjacent properties.

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

The current proposal has an 80-storey residential tower sitting atop the retained three-storey facade of the designated heritage building currently occupying the site.

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.