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Big Deals | Lawyers Write | Lawyers Speak | Events | Our Lawyers | |||||||||||
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BIG DEALS |
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Northam Canadian Commercial Property Fund II AcquisitionReal Estate Group partner Neill Kalvin, associate Zale Skolnik, and law clerk Helen Wright completed the acquisition of a 50% interest in a portfolio of properties for Luxembourg based Northam Canadian Commercial Property Fund II - FCP-FIS, which is advised by Northam Realty Advisors Limited. The acquisition, from Crombie REIT, involves 9 properties located in Ontario, British Columbia and Alberta, for an aggregate purchase price of $77.9 million which was completed on May 14, 2018. The 405,158 sf portfolio is fully leased with major tenants that include Sobeys, Safeway, Shoppers Drug Mart, TD Bank and The Beer Store. |
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RioCan REITReal Estate Group partner Neill Kalvin, associate Zale Skolnik, and law clerk Helen Wright acted for RioCan REIT on the sale of three shopping centres located in Fergus and Belleville, Ontario and Trois Rivieres, Quebec, to Skyline Retail REIT. The transactions were completed in March and May 2018 for an aggregate sale price of $39,550,000. RioCan is Canadas largest real estate investment trust with a total enterprise value of approximately $13.9 billion at December 31, 2017. |
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Trillium HousingReal Estate Group partner John Fox, and associate Zale Skolnik, acted on behalf of Trillium Housing in the acquisition of lands in Pickering from Infrastructure Ontario. The property will be used for the development of affordable ownership housing. Trillium is partnering with VanMar Developments on the development. Trillium creates affordable ownership opportunities by providing eligible purchasers with a second mortgage that carries no payments until the property is sold. |
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Affordable Rental in the West Don LandsReal Estate partner, John Fox was engaged to assist the Tricon Capital Group, Dream Unlimited Group & Kilmer Group with the acquisition of three blocks on the West Don Lands from Infrastructure Ontario. Working with lead counsel at Goodmans LLP, we were tasked with settling Contribution Agreements with the City and the Province, which define the public sector's contribution to the creation of the affordable units. The project will include 1500 purpose-built rental units, of which 30% will meet the Province's affordability requirements. |
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LAWYERS WRITE |
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Tax Cuts are Great! ... Except When they Increase Your Taxes |
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LAWYERS SPEAK |
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John Fox's & Tara Welat's Speaking Engagements
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EVENTS |
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38th Annual BILD Award Winners Record Attendance Over 1,300 BILD members and other industry representatives attended the 38th BILD Awards. 51 awards were given out which was Friday, May 4, 2018. |
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Affordable & Social HousingRobins Appleby LLP has established a Housing Services Team led by former Toronto Community Housing General Counsel and executive, and Real Estate Group partner John Fox. Our goal is to provide legal advice to housing providers, municipal service managers and others in the housing sector to help them meet their challenges. Whether creating new housing, dealing with the end of federal operating agreements, updating corporate structure, negotiating with an exiting employee, or helping resolve disputes, our team is available to you. We have unique experience dealing with legal matters in a housing context, including our understanding of the Housing Services Act, Government Funding and the role of Service Managers. We are active participants in the housing sector because we want housing providers to be able to continue to provide affordable and dignified accommodations to Canadians.
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Congratulations Ottawa Salus Corporation Robins Appleby LLP would like to congratulate our client Ottawa Salus Corporation on winning the National Inspiring Home Award from the Canada Green Building Council. This award is given annually to a newly built sustainable residential project. |
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Texas Hold'em Poker Tournament 2018 On May 15th, 2018 Robins Appleby LLP hosted our Annual Texas Hold'em Poker Tournament, our largest poker tournament to date! Over 120 players and 150 guests joined our lawyers for an evening of dining, schmoozing and cards. With the firms great lawyers and their teams, strategic plays were made which helped the winners take the crown of championship. |
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OUR LAWYERS |
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Interview with Charlie Kim, Business Lawyer
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The comments contained in this newsletter provide general information only and should not be relied upon as legal advice. Further particulars on the matters summarized in this newsletter, their implications and suggested courses of action, can be obtained from Robins Appleby LLP using the contact information provided herein. This e-mail is being sent to you as a contact of our Firm. |
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