Alternative investment manager Fengate is teaming up with Freed Developments to acquire a 5.4-acre site on a key Toronto transit line now under construction in a $102 million deal that will likely see the property redeveloped as a mixed-use project.
New Toronto Transit Line Spurs $102 Million Hotel Sale in Redevelopment Play
Fengate and Freed Developments Buy Site Connected to Eglinton Crosstown Light Rail Project
By Garry Marr
CoStar News
January 7, 2020 | 8:53 P.M.
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IN THIS ARTICLE
- Properties
- Toronto Don Valley Hotel & Suites
175 Wynford Dr, Toronto, ON
- Companies
- Freed Corp.
Real Estate