Towncorp – Greenbriar Road Limited Partnership’s $11 Million Private Placement

Wildeboer Dellelce LLP acted for Cranson Capital Securities Inc. in connection with the offering.

Towncorp – Greenbriar Road Limited Partnership has completed a private placement for gross proceeds of $11 million. 

Funds raised in the offering are intended to be used to purchase land at 23-29 Greenbriar Road, to develop a mid-rise condominium building.

The property is located in Toronto’s Bayview Village neighbourhood, just south of Sheppard Avenue and East of Bayview Avenue, featuring nearby shopping amenities and walking distance to two subway stations.

Cranson Capital Securities Inc. acted as agent in connection with the offering. 

The Wildeboer Dellelce team was led by Michael Rennie (Picture) and included Carlye Bellavia (corporate/securities).

Involved fees earner: Carlye Bellavia – Wildeboer Dellelce LLP; Michael Rennie – Wildeboer Dellelce LLP;

Law Firms: Wildeboer Dellelce LLP;

Clients: Cranson Capital Securities Inc. ;

Sonia Carcano

Author: Sonia Carcano