About $50m in equity raised for four Toronto towers
First National Financial LP was the lender
Small- and mid-bay freestanding buildings have been a bright spot in the market
First National recorded a record for commercial origination in 2024
Spencer Rose unveiled his new venture this week
The fund held a final close on $247m of equity
Finneo arranged the transaction, which included new debt and equity
The firm's new fund is eyeing $246m of projects in Ontario
Achria joins the brokerage's leadership team