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Woodbourne Capital buys out RioCan's remaining 50% stake in multifamily tower at The Well

Colorado-based private equity firm gains full ownership of 592-unit luxury rental high-rise for $188 million
FourFifty – The Well rises 46 storeys at the intersection of Front Street West and Spadina Avenue in downtown Toronto. (CoStar)
FourFifty – The Well rises 46 storeys at the intersection of Front Street West and Spadina Avenue in downtown Toronto. (CoStar)
By Darrell Clark with
CoStar Research
July 15, 2026 | 5:07 P.M.

Woodbourne Capital Management International, a privately owned registered investment advisor and real estate private equity firm headquartered in Boulder, Colorado, acquired RioCan's remaining 50% ownership interest in FourFifty – The Well, a 46-story purpose-built luxury rental tower at 450 Front St. W. in Toronto.

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