Transactions

Transactions

Overview

Cranson Capital Raises $7 Million for Plaza Partners Pleasant Dundas Fund

August 31, 2020

Plaza Partners Pleasant Dundas Fund, a portfolio of future development sites in urban areas of Toronto, has completed a private placement for gross proceeds of $7 million. Cranson Capital Securities Inc. acted as agent in connection with the offering. Funds raised in the offering are intended to be used to acquire an income-producing commercial property with strong development potential at 401 Dundas Street East, just west of Parliament Street.

Wildeboer Dellelce LLP acted for Cranson Capital Securities Inc. in connection with the offering with a team that consisted of Michael Rennie and Carlye Bellavia (corporate/securities).