- What The firm’s development arm purchased a condominium development site in Toronto
- Why The project is close to some of the company’s other ongoing developments
- What next It will comprise more than 400 condos
Baz Group of Cos. has bought a multifamily development site and seven retirement properties.
The firm’s development arm, Marlin Spring Developments, purchased the site, at 5280 Dundas Street West in Toronto’s Etobicoke district. The proposed high-rise is slated to have more than 400 condominium units.
The site is close to several other Marlin Spring projects.
Meanwhile, Spring Living Retirement Community, Baz’s retirement community company, bought seven retirement properties with more than 1,230 units in Ottawa and Montreal.
It also acquired assets and retained employees from Horizon Retirement Management to help operate the Quebec properties.
With the deal, Spring Living has 21 retirement communities.
