News Archives - Equiton https://equiton.com/category/news/ Thu, 19 Dec 2024 21:31:45 +0000 en-US hourly 1 Equiton Caps Year of Major Acquisitions with Purchase of New Edmonton Apartment Complex https://equiton.com/equiton-caps-year-of-major-acquisitions-with-purchase-of-new-edmonton-apartment-complex/ https://equiton.com/equiton-caps-year-of-major-acquisitions-with-purchase-of-new-edmonton-apartment-complex/#respond Wed, 18 Dec 2024 14:00:49 +0000 https://equiton.com/?p=57883 BURLINGTON, ON Dec.19, 2024 – The Equiton Residential Income Fund Trust (The Apartment Fund) has purchased a newly-built, four-storey rental complex in northeast Edmonton. The addition represents the Equiton’s third property in Alberta and its ninth building acquisition of 2024. The property, located at 17627 63 St. NW in the McConachie neighbourhood, comprises 277 residential [...]

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BURLINGTON, ON Dec.19, 2024 – The Equiton Residential Income Fund Trust (The Apartment Fund) has purchased a newly-built, four-storey rental complex in northeast Edmonton. The addition represents the Equiton’s third property in Alberta and its ninth building acquisition of 2024.

The property, located at 17627 63 St. NW in the McConachie neighbourhood, comprises 277 residential units featuring generous, family-friendly layouts and condo-style amenities, including a rooftop patio and barbecue space, social areas, gym and yoga rooms, and a theatre. Residents will enjoy convenient access to ample greenspace, downtown access, and public transit, as well as schools, recreational spaces, and numerous entertainment options.

With the inclusion of the property, this year’s additions to the Apartment Fund totalled more than $275M, excluding transactional costs.

“It’s been a tremendous year for acquisitions, with the Trust expanding at its fastest pace since inception,” says Jason Roque, CEO and Founder of Equiton. “Our new addition in Edmonton, along with all the other properties we’ve purchased, set us up for continued growth in 2025 as interest rates continue to fall.”

The Apartment Fund holds a diverse mix of property types, each playing a role in generating value for investors. Stabilized new properties, such as the acquired building, can achieve market rents, providing reliable cash flow. Meanwhile, the Trust’s earlier acquisitions in Toronto and Welland, Ontario, offer significant potential for organic growth through renovations and revenue increases. Leveraging a variety of growth strategies has enabled Equiton to successfully navigate all types of economic conditions.

“We’ve built a solid foundation with our disciplined approach to financing and due diligence practices,” says Ryan Donkers, Vice-President, Investments at Equiton. “In 2024, we took advantage of less competition to make some solid additions. I see 2025 as a year for aggressive growth and potentially expanding the Apartment Fund into other established markets in Western Canada.”

Alberta remains one of Canada’s fastest-growing real estate markets, leading in rent growth while maintaining its affordability advantage over other major cities. Combined with a presence in Toronto and the GTHA, the Apartment Fund provides investors with access to the country’s top rental markets.

Equiton Living will manage the properties and rental inquiries can be made at www.equitonliving.com.

Equiton’s Apartment Fund now comprises 42 properties in Ontario and Alberta with a total of 3,740 portfolio units. The Fund specializes in acquiring multi-residential properties in Canada and increasing their value through active management, targeting an annual net return of 8-12%. Investors benefit from monthly distributions from rental income and capital appreciation from property value increases.

ABOUT EQUITON

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers notable returns for investors. We believe in making private real estate investing accessible to Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.

For more information, visit www.equiton.com.

MEDIA CONTACT

Kathy Gjamovska
VP, Marketing & Communications
kgjamovska@equiton.com
289-208-0817

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Equiton Expands in Toronto with Purchase of Four Building Portfolio https://equiton.com/equiton-expands-in-toronto/ https://equiton.com/equiton-expands-in-toronto/#respond Wed, 18 Sep 2024 17:00:51 +0000 https://equiton.com/?p=54883 TORONTO, ON Sept. 18, 2024 – The Equiton Residential Income Fund Trust (The Apartment Fund) added four rental buildings in Toronto to its growing portfolio. The acquisition features top-tier, stabilized buildings located in desirable rental areas. This strategic move further expands the company’s footprint in one of North America's strongest multifamily markets. It follows a [...]

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TORONTO, ON Sept. 18, 2024 – The Equiton Residential Income Fund Trust (The Apartment Fund) added four rental buildings in Toronto to its growing portfolio. The acquisition features top-tier, stabilized buildings located in desirable rental areas. This strategic move further expands the company’s footprint in one of North America’s strongest multifamily markets. It follows a significant acquisition in June of four mid-rise rental properties in Welland, Ontario.

As part of the new acquisition, 120 & 130 Raglan Ave. comprise a well-maintained nine-storey building, complemented by a 16-unit townhouse complex, both located in the sought-after Forest Hill neighbourhood. Also in Forest Hill, Equiton acquired a seven-storey building located at 1862 Bathurst St.

“Forest Hill is a premier area to live in Toronto,” said Jason Roque, CEO of Equiton. “The area not only offers strong rental fundamentals but also a vibrant community atmosphere, making it an attractive location for residents seeking high-quality living and for investors aiming for stable, long-term returns.”

Occupying a prime position in North York, 4190 Bathurst St. was also purchased as part of this portfolio. The property is situated in a neighbourhood poised for exceptional growth.

“This property is conveniently located just north of Highway 401 and is surrounded by beautiful park space and other desirable amenities,” said Roque. “All the properties acquired have exceptionally high occupancy rates and have undergone significant capital investments, featuring extensive physical upgrades.”

Equiton Living will manage the properties and rental inquiries can be made at www.equitonliving.com.

Equiton’s Apartment Fund now comprises 41 properties in Ontario and Alberta with a total of 3,463 portfolio units. The Fund specializes in acquiring multi-residential properties in Canada and increasing their value through active management, targeting an annual net return of 8-12%. Investors benefit from monthly distributions from rental income and capital appreciation from property value increases.

ABOUT EQUITON

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers notable returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.

For more information, visit www.equiton.com.

MEDIA CONTACT

Kathy Gjamovska
VP, Marketing & Communications
kgjamovska@equiton.com
289-208-0817

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Equiton Apartment Fund Crosses the $1B AUM Mark After Recent Acquisition https://equiton.com/equiton-apartment-fund-crosses-one-billion/ https://equiton.com/equiton-apartment-fund-crosses-one-billion/#respond Thu, 22 Aug 2024 13:00:10 +0000 https://equiton.com/?p=53913 BURLINGTON, ON August 22, 2024 – With a focus on rewarding investors and building communities that residents are proud to call home, Equiton’s flagship real estate fund has exceeded $1 billion in assets under management (AUM). Since launching in 2016, the Equiton Residential Income Fund Trust (Apartment Fund) sustained steady growth through several challenging economic [...]

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BURLINGTON, ON August 22, 2024 – With a focus on rewarding investors and building communities that residents are proud to call home, Equiton’s flagship real estate fund has exceeded $1 billion in assets under management (AUM).

Since launching in 2016, the Equiton Residential Income Fund Trust (Apartment Fund) sustained steady growth through several challenging economic periods facing the real estate industry, including the COVID-19 pandemic and the recent period of high inflation and interest rates. Founded on a vision of making Canadian real estate investing accessible, Equiton’s agility and entrepreneurial spirit helped it grow from three employees to more than 200, with offices in Burlington and Toronto. Through it all, Equiton has helped 12,000-plus Apartment Fund investors from all walks of life grow their wealth.

The Fund’s latest acquisition in Welland, Ontario, increases its AUM to $1.06 billion. Since its first purchase in Stratford, the Fund has expanded its portfolio to a total of 38 residential properties with 3,117 income-producing portfolio units across Canada. Offering a mix of reliable monthly cash flow and capital appreciation even in the toughest markets, the Fund’s resiliency has positioned it well for continued growth as interest rates continue to fall.

“That we mark this milestone at a time of difficulty for some real estate firms is really no coincidence. We have grown the Apartment Fund rapidly over the years, but our progress has always been underpinned by a deep commitment to conservative management. This has enabled us to consistently reward investors and enhance resident satisfaction,” says Jason Roque, CEO and founder of Equiton. “The Fund continues to be an active buyer and steward of rental properties and has seen a rapid inflow of new investors. We look forward to helping them meet their financial goals.”

In-house property management arm, Equiton Living, plays a significant role in executing on the Fund’s strategy, enabling it to take an efficient, hands-on approach to strengthening its property portfolio. Since inception, the Fund has spent close to $50 million on capital improvements such as in-suite renovations on turnover and energy-saving building upgrades.

The approach has proven successful at several Fund properties, including one in Mississauga. During in-depth due diligence when purchasing the property, the discovery of underutilized storage rooms that could be converted into rental units became one key factor in the Fund’s decision to acquire the property. The nine new suites resulted in an almost immediate increase in the property’s fair value and provided much-needed housing to the local market. This recent example highlights how the Fund seeks to unlock hidden value, serving as a testament to the promise behind the company’s tagline, ‘We see what others don’t.’

“When you look at every building as an opportunity to make it better, the result is steady growth and happier residents,” says Helen Hurlbut, President and Chief Financial Offer at Equiton, adding that resident satisfaction is a priority for Equiton. She notes that resident sentiment has steadily increased within the portfolio. In 2023, three buildings within the Apartment Fund were presented with the SatisFacts Resident Satisfaction Award.

“Our strategy is designed to be a win-win for all our stakeholders,” continues Hurlbut. “We make real estate accessible to Canadian investors, helping them grow their wealth while enhancing the experience of our residents.”

The Fund has delivered an annualized return of 11.0%* (Class F DRIP) since inception, in line with its targeted net return of 8% to 12%. In the same period, the Fund reported exclusively positive returns and no missed distributions. Its excellent track record of creating lasting value is supported by sustainable financial practices, a focus on transparency, and governance that prioritizes ethical decision-making and oversight.

“It has been rewarding to see how far the Fund has come and to watch our investors grow with us,” says Roque. “I want to acknowledge that we wouldn’t be here today without the hard work of our employees, including our on-site Resident Managers who show up every day for our residents and investors. I couldn’t be prouder of what we’ve built together.”

*Class F DRIP annualized returns and all data since inception as at June 30, 2024, unless otherwise indicated. Class F inception is March 2018. Fund inception is May 2016.

ABOUT EQUITON     

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers solid returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.   

For more information, visit www.equiton.com

MEDIA CONTACT

Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com
289-208-0817 

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Equiton Enters Niagara Region With Major Rental Purchase In Welland https://equiton.com/equiton-enters-niagara/ https://equiton.com/equiton-enters-niagara/#respond Mon, 24 Jun 2024 13:53:25 +0000 https://equiton.com/?p=51499 BURLINGTON, ON June 24, 2024 – The Equiton Residential Income Fund Trust (The Apartment Fund) has acquired a group of four mid-rise rental properties in Welland, Ontario, situated in the heart of the Niagara Region. With the addition of 200-230 Denistoun St. to its portfolio, Equiton will actively manage over 10% of the local market’s [...]

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BURLINGTON, ON June 24, 2024 – The Equiton Residential Income Fund Trust (The Apartment Fund) has acquired a group of four mid-rise rental properties in Welland, Ontario, situated in the heart of the Niagara Region.

With the addition of 200-230 Denistoun St. to its portfolio, Equiton will actively manage over 10% of the local market’s primary rental stock. The 388 newly obtained units comprise more than half of the city’s newer-generation rental suites.

Apartments feature generous layouts and many offer picturesque views over the adjacent Welland Canal and nearby nature trails. Residents will enjoy a central location a short drive from Downtown Welland, shopping centres, a hospital, as well as Brock University and Niagara College. A burgeoning bedroom community, Welland offers a peaceful haven for a wide range of residents, from students and families, to working professionals and seniors.

With Equiton’s expansion into the Niagara Region, the firm’s footprint now encompasses most of Ontario’s Greater Golden Horseshoe, which also includes the GTA, Hamilton, Guelph, Kitchener-Waterloo, and Brantford. Niagara Region has experienced steady economic and population growth, boosting the region’s attractiveness.

“This premier location along the Welland waterfront offers residents the best of both worlds: relaxing greenspaces at home and easy access to the economic hubs of Hamilton, St. Catharines, and the U.S. border,” says Equiton CEO and founder Jason Roque. “We’re thrilled to provide value to our residents and meet the growing demand for quality housing in the region.”

Many residents of the well-maintained properties are long-time tenants. Over the coming years, one of Equiton’s main goals will be to enhance the vibrant community and living experience.

“We’re serious about our role as custodians of Canada’s rental housing stock. It is very important to us that any upgrades we make over the years will benefit our residents and investors alike,” says Paul Holowaty, Equiton’s Vice President of Operations Income-Producing Properties.

With many major repairs and capital-intensive upgrades already implemented within the last 10 years, Holowaty anticipates potential improvements will include modernizing common areas and installing systems to reduce energy consumption and help residents save money.

Equiton Living will manage the property and rental inquiries can be made at www.equitonliving.com.

Equiton’s Apartment Fund now comprises 38 properties in Ontario and Alberta with a total of 3,117 residential units. The Fund specializes in acquiring multi-residential properties in Canada and increasing their value through active management, targeting an annual net return of 8-12%. Investors benefit from monthly distributions from rental income and capital appreciation from property value increases.

ABOUT EQUITON     

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers solid returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.   

For more information, visit www.equiton.com  

MEDIA CONTACT

Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com
289-208-0817 

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Mid-Rise Development Marks Third Addition to Equiton’s Toronto Condo Portfolio https://equiton.com/equitons-toronto-condo-portfolio-ten99/ https://equiton.com/equitons-toronto-condo-portfolio-ten99/#respond Wed, 01 May 2024 16:05:38 +0000 https://equiton.com/?p=48749 TORONTO, ON May 1, 2024 – Equiton has acquired land at 1099 Broadview Avenue for its third condominium development project in Toronto. Just minutes north of the Bloor-Danforth subway line and a short commute from downtown Toronto, TEN99 Broadview is expected to be Equiton’s largest condominium offering to date.  The planned mid-rise project is the [...]

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TORONTO, ON May 1, 2024 – Equiton has acquired land at 1099 Broadview Avenue for its third condominium development project in Toronto. Just minutes north of the Bloor-Danforth subway line and a short commute from downtown Toronto, TEN99 Broadview is expected to be Equiton’s largest condominium offering to date. 

The planned mid-rise project is the latest from Equiton’s growing Equiton Developments team, which operates out of the firm’s recently opened second office location in Toronto’s financial district. Each new addition to Equiton’s development portfolio reflects the company’s continued commitment to making new and profitable investment options accessible to all Canadians while helping to improve Canada’s housing stock. 

“With our roots in development, it’s hard not to be excited. TEN99 is exactly the kind of project that we plan to acquire and develop more of in the near future,” says Equiton founder and CEO Jason Roque. “The property’s desirable, transit-oriented location is a stone’s throw away from some of Toronto’s best green spaces. Coupled with the local amenities, it’s ideal urban living.” 

TEN99’s addition comes at a time when private developers have been identified as key stakeholders in alleviating Canada’s housing shortfall. With Equiton’s planned contribution to the community, the dynamic and exciting Broadview corridor counts more than 2,300 units at various stages of development approval.  

Last quarter, Equiton Developments launched registrations for KüL Condominium located at 875 The Queensway, west of downtown Toronto. The mid-rise is one of three Equiton projects in Toronto and expands on existing developments in Ottawa and Guelph. 

 “As active buyers, we are continuously applying Equiton’s due diligence model to help uncover our next opportunity,” says Ryan Donkers, Equiton’s Vice President of Investments. “Our focus is on well-located, mid-rise developments in the early stages of planning. With our development team’s experience in major markets like Toronto, we can feel very confident that a selected project will result in bringing new homes online while creating value for investors.” 

TEN99 Broadview is expected to welcome occupants in late 2028. Upon completion, the property’s total value is expected to reach an estimated $386 million, driving a targeted annual return of 20% and bolstering the $1.22 billion projected completion value of Equiton’s development portfolio.  

For more information about TEN99 Broadview or collaborating with Equiton, visit www.equiton.com. 

ABOUT EQUITON     

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers solid returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.   

For more information, visit www.equiton.com  

MEDIA CONTACT

Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com
289-208-0817 

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Topping $1B AUM, Equiton Reflects on Bringing Private Real Estate Investing to the Average Canadian https://equiton.com/equiton-apartment-fund-expands/ https://equiton.com/equiton-apartment-fund-expands/#respond Thu, 18 Apr 2024 17:03:10 +0000 https://equiton.com/?p=48577 BURLINGTON, ON – Equiton, a leading Canadian private equity firm founded on a democratic vision of real estate investing, recently surpassed $1 billion in assets under management (AUM) years ahead of expectations. This milestone is a testament to Equiton's unwavering commitment to excellence and the confidence of its investors, residents, and stakeholders. “We’ve made great [...]

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BURLINGTON, ON – Equiton, a leading Canadian private equity firm founded on a democratic vision of real estate investing, recently surpassed $1 billion in assets under management (AUM) years ahead of expectations. This milestone is a testament to Equiton’s unwavering commitment to excellence and the confidence of its investors, residents, and stakeholders.

“We’ve made great strides in making institutional-grade private real estate investments more accessible to Canadians,” stated Equiton Founder and CEO Jason Roque. “We proudly look back on generating significant wealth for investors from all walks of life since Equiton’s inception.” 

Established in 2015, Equiton has experienced monumental growth. The company has over 12,000 investors, with nearly 200 employees based out of offices in Burlington and a newly opened location in Toronto’s financial district. The firm manages 39 properties with 2,752‬ units in 17 key regions across the country. The company’s offerings include two private real estate Funds, as well as multiple development offerings representing 1,727 units and $1.07 billion in estimated completion value. Equiton proved the efficacy of its business model by hitting the milestone and maintaining positive returns to investors during challenging times when many traditional asset classes posted negative returns. 

Through it all, Equiton hasn’t lost sight of the fact that residents are paramount. “They may be our properties, but to our residents they are home. We don’t take that responsibility lightly,” said Equiton CFO and CoFounder Helen Hurlbut. “We brought the management of our properties in-house with Equiton Living so we could better respond to their needs and any issues that may arise. Our resident managers work and live in the communities they serve.” 

Equiton’s active approach to property management focuses on making strategic improvements to increase the value of the properties for investors and to the benefit of residents. In 2023 alone, Equiton invested over $5 million to renovate 479 suites at turnover.  

In the face of Canada’s housing crisis, Equiton is also actively developing hundreds of desperately needed multi-residential units in highly desirable urban locales under the direction of an expert development team. Investors in Equiton’s development offerings enjoy the dual benefits of playing a role in building new housing supply and receiving significant returns upon project completion.  

“We’re not just building properties; we’re building communities with an eye to the future by employing energy-efficient systems, incorporating green spaces, and prioritizing the health and well-being of residents,” said Roque. Recently, the firm publicly stated its focus on ESG factors, demonstrating a dedication to improving conditions, not only for current residents but for generations to come. As a signatory of the Principles for Responsible Investment and through submissions to the Global Real Estate Sustainability Benchmark (GRESB), Equiton continually shows its commitment to this important global cause.  

Equiton has focused its expertise on building a stronger, more resilient industry as well. Equiton is proud to play a key role in the Canadian Chamber of Commerce’s National Housing and Development Strategy Council, whose mission is to create sustainable solutions to Canada’s housing crisis. In addition, Equiton will partner with the John Molson School of Business at Concordia University in 2024 to support innovative research into Canada’s real estate investment landscape. 

This significant achievement in Equiton’s growth trajectory is the result of the proven expertise of the talented senior leadership team as well as its dedicated and growing staff. Equiton would also like to thank and acknowledge its investors, residents, partners and all other stakeholders who were instrumental to attaining this milestone. 

ABOUT EQUITON    

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers solid returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.  

For more information, visit www.equiton.com   

MEDIA CONTACT 
Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com 
289-208-0817 
 
 

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Equiton Announces Canadian Real Estate Research Partnership with Concordia University https://equiton.com/partnership-with-concord-university/ https://equiton.com/partnership-with-concord-university/#respond Thu, 29 Feb 2024 14:16:14 +0000 https://equiton.com/?p=46419 BURLINGTON, ON – Equiton, a leading private real estate firm, is excited to announce a new partnership with the John Molson School of Business at Concordia University to support innovative research into Canada’s real estate investment landscape. Led by Dr. Erkan Yönder, Associate Professor of Real Estate and Finance, in collaboration with Equiton, the research [...]

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BURLINGTON, ON – Equiton, a leading private real estate firm, is excited to announce a new partnership with the John Molson School of Business at Concordia University to support innovative research into Canada’s real estate investment landscape. Led by Dr. Erkan Yönder, Associate Professor of Real Estate and Finance, in collaboration with Equiton, the research is expected to break new ground.

“Fresh perspectives serve to benefit the entire industry, from major firms to average Canadians seeking a better understanding of alternative investments,” says Jason Roque, CEO and founder of Equiton. “Dr. Yönder is a leader in his field — we couldn’t ask for a better match.”

Dr. Yönder, whose academic insights have spanned Canada, the U.S., and Europe, is recognized for his applied research into the finances of Real Estate Investment Trusts (REITs), machine learning in real estate, and the financial impacts of Environmental, Social, and Governance (ESG) factors. Yönder received the high-profile Nick Tyrrell Research Prize for his co-authored research into sustainable buildings’ impacts on REIT portfolios.

Equiton has charted a tremendous growth trajectory since its founding in 2015 and offers diversified strategies focusing on a variety of income-producing multi-residential and commercial properties, as well as several development projects in key markets. Reflecting Equiton’s commitment to its investors and expanding Canadians’ knowledge of real estate, the research partnership was made possible through the creation of the Equiton Research Fund in Real Estate at the John Molson School of Business.

“Erkan has amassed an impressive body of research, and we are delighted to be collaborating with him and his team to advance the pursuit of academic scholarship on the Canadian real estate market,” says Aaron Pittman, Senior Vice President, Head of Canadian Institutional Investments at Equiton.

“Today’s investors increasingly seek the latest insights to help navigate the expanding complexities of their decision-making process,” he continues. “We believe this initiative will shed new light on facets of Canadian real estate such as multi-residential properties, a resilient asset class that in our view represents significant opportunities for growth in the coming years.”

ABOUT EQUITON    

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers solid returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.  

For more information, visit www.equiton.com   

MEDIA CONTACT 
Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com 
289-208-0817 
 
 

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Equiton Apartment Fund Expands Presence in Brantford, Ontario With Acquisition of Neighbouring Property https://equiton.com/equiton-expands-presence-in-brantford-on/ https://equiton.com/equiton-expands-presence-in-brantford-on/#respond Tue, 19 Dec 2023 06:00:36 +0000 https://equiton.com/?p=42037 BURLINGTON, ON – The Equiton Residential Income Fund Trust (The Apartment Fund) proudly announces its strategic expansion in Brantford, Ontario through the acquisition of a multi-residential property at 23 Lynnwood Drive, directly next door to Equiton’s existing property at 19 Lynnwood Drive. These sister properties share a common driveway and will provide many opportunities for [...]

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BURLINGTON, ON – The Equiton Residential Income Fund Trust (The Apartment Fund) proudly announces its strategic expansion in Brantford, Ontario through the acquisition of a multi-residential property at 23 Lynnwood Drive, directly next door to Equiton’s existing property at 19 Lynnwood Drive. These sister properties share a common driveway and will provide many opportunities for synergies.  

This purchase, Equiton’s third in the city of Brantford, will enhance the company’s presence in the region and solidify its commitment to the local economy. The purchase price for the property was $11.25 million.  

The newly acquired building has six storeys, 55 suites, and 74 outdoor parking spaces. The expansion is not only a testament to Equiton’s confidence in the Brantford market, but also a strategic move to capitalize on operating efficiencies. 

Equiton Founder and CEO Jason Roque, expressed his excitement about the acquisition, stating “We are thrilled to announce this expansion which reflects our dedication to strategic growth, operational excellence, and creating value for all stakeholders. The desirable attributes of the property combined with the robust rental market in Brantford, make it an exceptional addition to our portfolio, and position us for continued success.” 

Paul Holowaty, VP Operations, Income-Producing Properties, highlighted the operational advantages of the acquisition, stating “The purchase of this building will allow us to capitalize on operating synergies. With our existing ownership of the neighbouring property, we can streamline operations, optimize resources, and enhance overall efficiency. This acquisition positions us to better serve our residents while maintaining our commitment to sustainability and excellence.” 

Equiton Living will manage the property and rental inquiries can be made at www.equitonliving.com. 

Equiton’s Apartment Fund now comprises 34 properties with a total of 2,729 residential units. The Fund specializes in acquiring multi-residential properties in Canada and increasing their value through active management, targeting an annual net return of 8-12%. Investors benefit from monthly distributions from rental income and capital appreciation from property value increases. 

 ABOUT EQUITON    

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers notable returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management. 

MEDIA CONTACT 
Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com 
289-208-0817 
 
 

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Equiton Expands Portfolio By Acquiring Third Property In London https://equiton.com/equiton-expands-portfolio-by-acquiring-third-property-in-london/ https://equiton.com/equiton-expands-portfolio-by-acquiring-third-property-in-london/#respond Thu, 19 Oct 2023 14:41:58 +0000 https://equiton.com/?p=39148 BURLINGTON, ON, Oct. 19, 2023 – The Equiton Residential Income Fund Trust (The Apartment Fund) is proud to announce the successful acquisition of Scenic Tower, a multi-residential property situated in London, Ontario. This strategic move further solidifies Equiton's position in the real estate market and underscores the company's commitment to delivering exceptional value to its [...]

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BURLINGTON, ON, Oct. 19, 2023 – The Equiton Residential Income Fund Trust (The Apartment Fund) is proud to announce the successful acquisition of Scenic Tower, a multi-residential property situated in London, Ontario. This strategic move further solidifies Equiton’s position in the real estate market and underscores the company’s commitment to delivering exceptional value to its investors and residents. The purchase price for the property was $21.5 million.  

Scenic Tower has nine storeys, 115 units, and 148 combined outdoor and underground parking spots. It’s conveniently located in a residential neighbourhood in Southeast London near public transportation and Highway 401, providing residents with easy access to Downtown London, the renowned Victoria Hospital, nearby shopping centres, and a network of picturesque walking and cycling trails.  

Ryan Donkers, VP, Acquisitions at Equiton commented on the acquisition saying, “We are thrilled to add Scenic Tower to our portfolio. Scenic Tower is an excellent addition to Equiton’s Apartment Fund, showcasing our strategic approach to real estate investment, combining location, quality, and market potential, and then actively managing the property with a focus on increasing the value organically, through improved operational efficiencies, functionality and aesthetics.” 

“We are excited to acquire our third property in London, Ontario, as it allows us to harness the management synergies and economies of scale that come with having multiple properties in the same city. This strategic expansion enhances our ability to provide superior property management services and deliver exceptional value to our investors while maintaining our commitment to creating outstanding living experiences for our residents,” commented Paul Holowaty, VP, Operations Income-Producing Properties. 

Equiton Living will manage the property and rental inquiries can be made at www.equitonliving.com. 

Equiton’s Apartment Fund now comprises 33 properties in Ontario and Alberta with a total of 2,674 residential units. The Fund specializes in acquiring multi-residential properties in Canada and increasing their value through active management, targeting an annual net return of 8-12%. Investors benefit from monthly distributions from rental income and capital appreciation from property value increases.   

ABOUT EQUITON    

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers notable returns for investors. We believe in making private real estate investing accessible to all Canadians and provide easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management. 

For more information, visit www.equiton.com 

MEDIA CONTACT 
Kathy Gjamovska 
VP, Marketing & Communications 
kgjamovska@equiton.com 
289-208-0817 
 
 
 

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Equiton Expands and Opens New Downtown Toronto Location in the Financial District https://equiton.com/equiton-opens-new-downtown-toronto-location/ https://equiton.com/equiton-opens-new-downtown-toronto-location/#respond Tue, 12 Sep 2023 18:48:58 +0000 https://equiton.com/?p=36803 TORONTO, ON Sept. 12, 2023 - Equiton, a Canadian private equity firm, expands with a new office in Toronto's financial district, reaffirming its commitment to better serve its existing and prospective investors. Equiton's decision to establish a downtown Toronto location is a step forward in the firm's growth trajectory. This decision, along with the head office in Burlington, highlights the [...]

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TORONTO, ON Sept. 12, 2023 – Equiton, a Canadian private equity firm, expands with a new office in Toronto’s financial district, reaffirming its commitment to better serve its existing and prospective investors.

Equiton’s decision to establish a downtown Toronto location is a step forward in the firm’s growth trajectory. This decision, along with the head office in Burlington, highlights the real estate equity firm’s commitment to delivering exceptional investment solutions and cultivating strong relationships with investors and stakeholders within the financial community. The selection of Bay Street as Equiton’s secondary office location further underscores the dedication to these principles.

“We are pleased to establish our footprint in the downtown Toronto financial district,” said Jason Roque, CEO of Equiton.” This strategic expansion is evidence of our dedication to serving our investors at the highest level. Being located in the key financial hub in the country allows us to connect even more with our current clients and extend our reach to potential partners interested in our investment solutions.”

As Equiton continues to excel in offering investors access to a diversified range of real estate investment opportunities, its client-centric approach and track record of delivering steady and competitive returns have positioned it as a trusted partner within the investment landscape.

The Toronto office is at 333 Bay Street and occupies a prime position at Bay and Adelaide. This location will be a central point for an experienced group of real estate investment experts. Covering a range of specialized areas, including Sales, Institutional and National Accounts, Acquisitions, Construction, and Development, these experts are well-prepared to offer professional advice and custom solutions to potential investors to maximize their investment opportunities.

For further information about Equiton and our investment solutions, visit www.equiton.com

ABOUT EQUITON    

Proudly Canadian-owned and operated, Equiton is a leading private equity firm that delivers notable returns for investors. We believe in making private real estate investing accessible to all Canadians and providing easy access to all types of investment-grade real estate through our proven high-performing investment solutions. We offer true diversification, full transparency, and all the benefits of real estate investing without the difficulties of financing, tenant management, building maintenance or project management.

MEDIA CONTACT

Kathy Gjamovska
VP, Marketing & Communications
905-208-0817
kgjamovska@equiton.com

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