Michelin expressed interest in owning the property two years earlier
Deal adds to firm’s portfolio in the GTA
The deal adds 544 suites to United’s portfolio
Fund is part of the firm’s equity program, which has raised more than US$126.9m
The new commercial division marks the firm’s entry into the market
The fund made $424m in new loans in the second half of 2024
Montoni and Fonds immobilier de solidarité FTQ plan to construct 5,000 residential units and a 150,000 sq ft public park on site
The deal is part of GECC’s $800m development pipeline
The property is near the city’s uptown