Will Zhang led OpenHouse ai secured $1.5M seed funding led by Trico Ventures Corp. with participation from home builders from across the US and Canada. Eleanor Chiu from Trico joined OpenHouse board of directors.
Amy Ding led Requity Homes secured $26M in debt and equity funding led by Highline Beta and Chinese investor Sam Hanhui Sun, with participation of Boardwalk Ventures, Conconi Growth Partners, Archangel Network of Funds, and private investors.
TPG Real Estate acquired 75% interested in Brampton Business Park and Vaughan Business Park from OMERS' Oxford Properties Group, valuing the portfolio at $1B. Oxford retained 25% interest and will continue to manage the portfolio.
Ontario Teachers' HomeEquity Bank completed inaugural $175M Deposit Note offering led by CIBC Capital Markets and TD Securities.
Ramtin Attar and Reza Nasseri founded Promise Robotics secured US $15M Series A funding led by Horizons Ventures with participation from Radical Ventures, PSP Investments, United Brotherhood of Carpenters, Relay Ventures, and Alate Partners. Kerry Liu, representing Horizon Ventures, joined Promise Robotics board.
SensorSuite appointed Kristian Lavereau as its new CEO and secured investment from Hazelview Ventures which joined BDC Capital and Greensoil Building Investment Fund as shareholders.
Local Logic secured $13M in Series B led by GroundBreak Ventures and Investissement Québec with participation from Band Capital Partners, an affiliate of Triovest Realty Advisors, Cycle Capital, Desjardins Group, Jones Boys Ventures, Second Century Ventures, and Shadow Ventures.
Francesco Iorio, Davide Panelli, Max Moruzzi and Aaron Szymanski founded Augmenta secured US $11.75M in a seed extension round led by Eclipse with participation from Hazelview Ventures, BDC Capital, and Suffolk Technologies.
Arunabh Dastidar, Gaurav Madani and Zain Nathoo founded RealSage secured US $1.6M new funding led by Golden Section and Plug and Play Ventures, with participation from REACH (an early-stage arm of Second Century Ventures) and private investors.
Canadian Financings (DOTW) - OMERS Realty Corporation, real estate investment arm of Ontario Municipal Employers Retirement System (OMERS), closed new $562M debt offering led by RBC Capital Markets, Scotiabank, CIBC Capital Markets and TD Securities.
GIC and Dream Industrial REIT, through a 90/10 limited partnership, to acquire Summit Industrial Income REIT for $23.50 in cash for a transaction value of approximately $5.9B including the assumption of certain debt.
Oren Singer and Gavin Servai founded Sparrow Living received $1M in funding for its homesharing platform, $500K each from Accenture and Government of Canada (National Housing Strategy Innovation Programs).
Jason Hardy and Ray Yip founded Ownly secured $2.55M funding led by Bluesky Equities, with participation from NAventures/National Bank of Canada, and Garage Capital.
Chartwell Retirement Residences (TSX: CSH.UN) to sell two Long Term Care homes in British Columbia with 264 beds to AgeCare Health Services Inc. and Axium Infrastructure Inc. for $153.9M including assumption of debt.