KingSett Capital

We are proud to share the Fairmont Royal York Decarbonization has been recognized by Engineering News-Record (ENR) in the 2024 Global Best Projects Awards for Best Green Project. Five years of upfront planning followed by carefully orchestrated staging allowed our project team to install modern, efficient heat pumps and switch out the hotel’s aging diesel-fueled generators and steam systems without major disruptions to guests. The project has since achieved Zero Carbon Building – Performance Standard certification by the CAGBC | Canada Green Building Council. This historic retrofit would not have been possible without the collaboration and commitment across PCL Construction, Hariri Pontarini Architects, RJC Engineers, Continual Energy Inc., The Mitchell Partnership Inc., Plan Group Inc. and KingSett. Congratulations to everyone involved! For more information on the award, visit: https://lnkd.in/gABdeHMi #ResponsibleInvesting #Sustainability #RealEstate #GreenBuildings #ZeroCarbonBuilding

We are pleased to announce our results from the 2024 ‘Principles for Responsible Investment’ (PRI) Assessment Report. PRI is the world’s leading responsible investment framework for assessing the impacts of ESG across the investment lifecycle. This year KingSett achieved 5 out of 5 stars in ‘Policy, Governance and Strategy’ and ‘Direct – Fixed Income – Private Debt’, and 4 out of 5 stars in ‘Direct – Real Estate’ and the ‘Confidence Building Measures’. These results are a clear reflection of the commitment and ongoing evolution of our Sustainability and Impact Strategy across the entire firm. #UNPRI #ResponsibleInvesting #Sustainability #RealEstate #SocialImpact #CRE

Congratulations to our partners at Wesbild for reaching this milestone! They have done an exemplary job managing construction and delivery of this pioneering project.

We're looking for an Analyst to join our growing Multifamily Mortgages team in Toronto. Click on the posting linked below for more information.

Across panels at the Apartment Development & Affordable Housing Conference and Toronto Real Estate Conference last week, Jeff Thomas, Group Head, Development shared his thoughts on the Canadian housing crisis, challenges facing the real estate industry and the collective work needed to tackle the issue. For more information about our Affordable Housing Fund, visit: https://lnkd.in/gHxnAEBh Canadian Real Estate Forums #TREF #AffordableHousing #Sustainability #RealEstate #SocialImpact #CRE

Kit Milnes, LEED AP, Vice President of Sustainability & Resilience, shared the thought process behind our sustainable development and retrofit projects at the Toronto Real Estate Forum yesterday and how we work to maximize the economic, environmental, and social impact of every dollar spent. For more information on our Sustainability Strategy, visit: https://lnkd.in/gRYbQVaP Canadian Real Estate Forums #TREF #ResponsibleInvesting #Sustainability #RealEstate #SocialImpact #CRE

Thank you to our valued customers, partners, investors and lenders for your continued support and commitment to our business. We are grateful for your partnership in helping us build sustainable value across our platform and in our communities.

Today we broke ground on 50 Wilson Heights Boulevard, a redevelopment that will deliver 1,484 new homes, including 35 percent affordable rentals, a childcare centre, parkland, retail, office and community spaces. The site is one of 17 identified for development under HousingNowTO, an initiative aimed at adding much-needed affordable and market housing supply to the City of Toronto by activating underutilized City-owned sites for development. Breaking ground on construction for this project demonstrates how private, government, and agency sectors can effectively collaborate to address the challenge of affordable housing in Toronto. Thank you to the City of Toronto, CreateTO, Greenwin Corp., Tridel and all our partners for their continued support on this project and future KingSett Affordable Housing Fund initiatives. #AffordableHousing #HousingNow #TorontoRealEstate #RealEstate

We are honored to have our Valhalla Phase 1 project recognized at the 2024 Ontario Embodied Carbon Awards under the New Construction: Large Buildings category. Hosted by Carbon Leadership Forum Toronto and Ottawa Hubs, the awards recognize companies, projects, and individuals that have demonstrated excellence in decarbonizing our built environment. Read more about the awards and its recipients in this article: https://lnkd.in/e5iGyyjv #EmbodiedCarbon #Sustainability #RealEstate #GreenBuildings #SocialImpact #CommercialRealEstate #CRE

We are thrilled to announce the successful funding of a CMHC MLI Select first mortgage for the acquisition of two, 29-storey, student rental apartment buildings in Ottawa, totalling 574 units and 737 beds, with retail space. Thank you to Forum Asset Management and Canada ICI Capital Corporation for your partnership on this. This financing marks an 8-year culmination of a series of KingSett loans at the property, having originally financed the land in 2015, followed by the construction financing though our private mortgage funds. This sale will see the property further improved, with Forum repositioning the asset to ALMA @ ByWard Market, and undertaking a comprehensive renovation to incorporate market-leading amenities. We are excited to have the opportunity to support the next chapter with this valued client. Special thanks to Aly Damji and Collin Drosdoski, CFA for entrusting us with this significant financing, and Andrew Loewen and Chase Allen at Canada ICI for your support throughout the closing. To learn more about our mortgage business, visit https://lnkd.in/gASyb4dq. #CMHC #ResidentialDevelopment #Mortgage #Multifamily #StudentHousing