Harbour Equity closes joint ventures involving $100 mln in real estate development
Harbour Equity Joint Venture Development Fund, which is managed by Canadian real estate private equity firm Harbour Equity Capital Corp, reported that it has closed five joint venture developments in Alberta and Ontario since its inception in June 2013. To date, more than half of the fund's capital has been committed to ventures, representing nearly $100 million in total development costs. Based in Toronto, Harbour Equity invests in mid-size developers in Canada by way of joint venture for new developments and redevelopments where value-add opportunities exist. Development projects may include for-sale and for-rent residential, retail, office, and industrial projects.
4 February 2014•2 mins read
