Caryle Communities refinances its project on Crestview Ave in Mississauga, where Fortress was a development consultant. Over the past 10 years, Fortress in its capacity as a land owner, development consultant and development partner, has completed 35 real estate projects across Canada.
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Carlyle Communities Refinances Mississauga Low-Rise Development Site
Fortress Assists in Sale of Downtown Toronto Development Site
Fortress negotiates the sale of a downtown Toronto site after the development plan for the Charlotte Adelaide Tower was rejected by the Ontario Municipal Board in October 2018 despite the backing of a team of industry leading consultants that firmly believed that the plan represented appropriate intensification for a site located in the downtown core.
Fortress Exits Interest in Downtown Toronto Development
James, a condo project in downtown Toronto in partnership with Lamb Development Inc. has been refinanced with Fortress concurrently exiting its interest in the project. Fortress continues to work diligently with its partners and FAAN to bring the best value forth for all projects within their portfolio. This exit is an example of retained value through an extended delay and loss of revenue from the OMB ruling.
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