CanFirst News & Insights
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CanFirst Capital Management completes the acquisition of Kirkland property
CanFirst Capital Management, on behalf of CanFirst IncomePlus Real Estate Fund, is pleased to announce the acquisition of 16771-16781 Sainte-Marie Road, a 34,335 sf hi-tech facility located in Kirkland, Quebec.
Official Closing of the CanFirst Industrial Realty Fund VII (CIRF VII)
Consistent with its predecessor funds, CIRF VII will target industrial assets in major city centres across Canada. The oversubscribed closed-end fund exceeded its target size of $185 million and closed at its hard-cap of $250 million, making it the largest raise in our firm’s history.
CanFirst Capital completes sale of Ottawa portfolio
CanFirst Capital Management, on behalf of CanFirst Industrial Realty Fund V, is pleased to report the sale of a 415,000 sf portfolio located in Ottawa, Ontario. The portfolio was comprised of 23 office and flex-office properties and was sold to Crown Realty Partners.
CanFirst Capital Management Corporate Reorganization
We are pleased to announce the new CanFirst corporate structure in order to recognize the growth of our organization in people, assets and the increased number of funds. Our focus has always been on ensuring that the needs and requirements of our investment partners are met on an ongoing basis and into the future.
Growing CanFirst Capital having record year for acquisitions
This is a very busy time for CanFirst Capital Management. The firm has already set a record for acquisitions in 2019, continues to seek investments for its first open-ended fund, and is preparing to launch its seventh closed-end fund.