LibertyHill Realty Partners Inc. closes first capital raise and investment in real estate development project

2 minute read
23 September 2021

On September 23, 2021, LibertyHill Realty Partners Inc. ("LibertyHill") closed its first limited partnership equity investment of $10,701,000 to acquire and oversee the development of a prime parcel of land located in Vaughan, Ontario. Together with its developer partner, Caliber Homes Inc., the project intends to develop the land into a low-rise residential community consisting of 70 modern freehold townhomes.

LibertyHill is a Toronto-based management firm that partners with developers and investors to provide equity into real estate projects. Utilizing a distinct investment structure, the firm offers investors the opportunity to partner with best-in-class real estate developers and share in the value creation attained in each development. The principals of LibertyHill have over 50 years of combined finance and investment experience and are thorough and disciplined in their approach to real estate investment.

Gowling WLG advised LibertyHill with respect to the offering and structure of the investment transaction with a team led by Peter Simeon (securities), Edward Johnston (corporate) and Carl Hinzmann (tax/structuring), that also included Sylvia Adriano (real estate), Ted Betts (construction/commercial), Joseph McDonald and Sean Walsh (corporate), Michael Bussmann (indirect tax) and Bryce Kraeker (securities).

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