trending Market Intelligence /marketintelligence/en/news-insights/trending/ugflscqnuamjj3807zfv_w2 content esgSubNav
In This List

Bentall Kennedy raises C$305M for Canadian property fund

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Bentall Kennedy raises C$305M for Canadian property fund

Bentall Kennedy (Canada) LP held a C$305 million final close for the Bentall Kennedy High Yield Canadian Property Fund I LP.

Sun Life Assurance Co. of Canada, which is among the nine institutional investors, committed C$30 million to the fund.

The fund will invest in high-ratio first mortgages, mezzanine loans, land loans, second mortgages and participating debt. It has made C$112.2 million in total loan commitments so far, with financings in Vancouver, Toronto, Montreal and Calgary.

Bentall Kennedy (Canada) is part of real estate investment adviser Bentall Kennedy Group, a Sun Life Investment Management company.