Cranson Capital Securities Completes First Closing of Cranson Capital Real Estate Development Fund
Cranson Capital Securities Inc., a Toronto Exempt Market Dealer specializing in private market Canadian real estate investment opportunities, announced the closing of the Cranson Capital Real Estate Development Fund. The Fund completed its first closing, with the intent to deploy capital in a variety of residential real estate development opportunities across the GTA and Southern Ontario.
Today, Cranson Capital has 20 active residential development projects across the GTA with an estimated completion value of over $3B. The newly formed Cranson Capital Real Estate Development Fund allows investors the opportunity to become equity partners in a variety of projects.
“The Cranson Capital Real Estate Development Fund is unique in that it allows a single investment to be deployed in a variety of projects in different locations, building forms, and multiple builders. This diversification will help balance investments across a portfolio of projects while generating strong returns for investors,” noted Devon Cranson, Founder and President of Cranson Capital.
Wildeboer Dellelce LLP acted for Cranson Capital Securities Inc. in connection with the offering with a team that consisted of Michael Rennie, Carlye Bellavia and Brendan Wu (corporate/securities) and Marija Tasevska (tax).