Transactions

Transactions

Overview

Plazacorp Vaughan Metropolitan Centre Fund Completes $19 Million Offering

April 28, 2020

Plazacorp Vaughan Metropolitan Centre Fund completed a private placement for gross proceeds of $19 million. Cranson Capital Securities Inc. acted as agent in connection with the offering. Funds raised in the offering are being used towards the development of a two-tower high-rise condominium development in the City of Vaughan, Ontario. The development will feature two high-rise towers measuring 49 and 47 storeys high, respectively, and will contain a total of 1,100 residential units with underground parking.

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).