Transactions

Overview

Slate Asset Management and Carlyle Communities Complete the Sale of 6 Dawes Road

March 11, 2022

Slate Asset Management and Carlyle Communities completed the sale of 6 Dawes Road (the “Property”) to Fitzrovia Real Estate. The Property, originally acquired in 2019, has been rezoned for high-rise residential use and will be developed into a rental community comprising approximately 1,000 Class-A residential units. The Property, which is currently operating as a self-storage facility, sits at the intersection of Main Street and Danforth Avenue in Toronto’s popular Danforth Village neighbourhood.

Wildeboer Dellelce LLP acted for Slate and Carlyle in connection with the transaction, with a team that included Daniel Shapira, Brendan Wu and Julianne Cerelli (Commercial Real Estate).