Project Description
Acquisition, renovation and resale of a 14-story, 149-unit apartment building located near the center of town, and near transportation thoroughfares, employment zones, academic institutions and shopping centers.
150 Sanford Ave, Hamilton, Ontario, Canada
Year launched
2013
Expected duration
24 Months
About the neighborhood
Hamilton is located 60 km from Toronto and 90 km from the U.S.-Canadian border, close to Niagara Falls and Lake Ontario. It is one of the most important harbor cities in Canada, and its most important industrial town. Its main economy is based on industrial production, but is also known for its medical industry.
About the sponsor
Mark Bistricer is a real estate expert, specializing in the Canadian and American markets, and owner of the international realty firm Talisker. Daniel Gryfe is the owner of Precise Capital Management, specializing in real estate investments and property management.
The opportunity
Acquisition, renovation and resale of a 14-story, 149-unit apartment building located near the center of town, and near transportation thoroughfares, employment zones, academic institutions and shopping centers.
Other projects by the sponsor
Birchlea Avenue, Toronto, Canada – Exit August 2016
Achieved annual return
25.20%
Ontario, Canada – Hamilton
Equity raised $3,330,000
Target annual return 24.60% - 28.08%
Wilson, Toronto, Canada – Exit December 2015
Achieved annual return
3.00%
Eglinton Avenue, Toronto, Canada – Exit September 2015
Achieved annual return
Return of equity
התקשרו
להצטרפות