Canadian First: Online Investment Platform Funds GTA Projects

NexusCrowd Inc is partnering with Downing Street Realty Partners on its $12M revamp of three GTA industrial properties: 37 Advance Rd and 212 Norseman St in Toronto, and 951 Verbena Rd in Mississauga (above). NexusCrowd has raised $500k for the projects via its online platform—a Canadian first, the company claims—which enables investors to co-invest alongside institutional players and provides a "frictionless" way for private equity firms like Downing Street to attract new capital, NexusCrowd said, noting real estate crowdfunding is experiencing “explosive levels of growth.”

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Clarion Hires Prologis Executive To Lead Power Strategy

Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park

DHS Buys 3 More Detention Facilities From The Geo Group For $950M

RN3 Enters Dutch Logistics Market With DHL Sale-Leaseback Deal

Amazon, LA Olympics Organizer Take Over 39-Acre Site Formerly Home To Forever 21

Delin Secures €227M Loan To Refinance Dutch Logistics Fund

Structural Design Decisions Can Box Owners In. The Right Partner Can Help Them Make More Informed Decisions

Fort Worth Offers Incentives To Land Nearly $200M Harting Connectivity Plant

Morgan Stanley Fund Buys 189K SF Milpitas Industrial Building

Cushman & Wakefield Wins Assignment To Sell Would-Be ICE Detention Facilities

INSIDE THE SPACE: 8821 Preston Ct., Jessup, Maryland

Newsom Signs Bills Aimed At Cold Storage Post-Boyle Heights Fire