KES 7 Real Estate I LP: Investor & Advisor
KES 7 has partnered with Barometer Capital Management Inc. (“Barometer”) to create its second real estate investment fund – KES 7 Real Estate I LP (the “Fund”). Barometer is the administrator of the Fund. KES 7 provides strategic advice to the Fund.
The Fund was created to invest in a single asset – Project “Sterling Bloor”, which is a residential condominium building located in The Junction Triangle area of West Toronto. The Junction Triangle was voted No. 1 of the “Next Hot Neighbourhoods” in the city by Toronto Life magazine. Sterling Bloor is being developed by Lamb Development Corp. (“LDC”), founded by award-winning condo developer Brad J. Lamb.
The Fund owns 50% of Sterling Bloor and is an equal partner with LDC.
KES 7 (or affiliates) is an investor and advisor to the Fund.