Introduction
The purpose of this report is to introduce a possible investment opportunity. The report will include the overview of the firm that this possible investment is being proposed to and their investment strategies. The property in question will also be described and why it is aligned with the firm’s present strategies. Also, the zoning bylaws of the property will be discussed. Moreover the cap rate of the property will be calculated and be compared to similar listings. A final recommendation will be made as to why and if the firm should look into investing in this property.
The Firm - KingSett Capital
KingSett Capital is one of the top private equity real estate firms in Canada. Kingsett prides itself in establishing real estate
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KingSett focuses on investing in a variety of assets in major Canadian markets. They look to take positions in joint ventures through co-ownerships, preferred equity, and limited partnerships. On top of this KingSett delivers by soughting out best-in-class developers, leasing services and property managers.
Growth Fund Strategy
KingSett’s growth fund strategy offers investors an opportunity to invest in accordance with their principals. So far the company has raised $7 Billion of capital through the growth fund strategy. Eight funds have been created in this strategy. These growth funds are governed by an investment committee with added oversight from an advisory board that represents all investors.
Portfolio of Long-term real estate holdings
(CREIF) KingSett Canadian Real Estate Income Fund Lp is the company’s income-centered real estate investing vehicle. CREIF invests in a portfolio of long term real estate holdings across multiple types of real estate as well as major Canadian markets. This fund allows institutional and high net worth individuals the chance to invest along with KingSett’s
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Where a unit boundary extends beyond a building to a private amenity area not abutting a common element, each private amenity area shall have an unobstructed access at grade or ground floor level, having a minimum width of 0.9 meters from a common element, either by:
i) Direct access within the unit boundary without passing through any portion of the dwelling unit; ii) Direct access through the dwelling unit without passing through a living or family room, dining room, kitchen, bathroom, bedroom, recreation room, or any hallway that is not separated by a door to any such room; or, iii) Access over adjacent lands that, if the lands are not owned by the City or the Region, are secured through the declaration or common element of the