STOREYS
News and Storeys at CORE

CORE LAUNCHES RENAISSANCE RETIREMENT RESIDENCES IN NORTH BAY

July 2019

CORE Realty Partners Inc. recently launched Renaissance Retirement Residences. Renaissance Retirement Residences was founded to cater to an ever-growing senior population which Statistics Canada predicts that the senior population aged 75 and over will grow by 53% between now and 2034. In fact, by 2030 there will be 3.7 million Canadians who will need to relocate to a retirement community.

CORE Realty Partners Inc. and 2345376 Ontario Inc. have come to a joint venture agreement to acquire 123 Delaware Avenue, North Bay. Currently, the site consists of 2.78 acres with an existing 80 room hotel. The development plan includes achieving site plan approval, demolish, construct and manage a 4-story low rise building consisting of 140-unit independent living retirement residences.

North Bay is historically considered the “Gateway to the North”. North Bay is a vibrant city, servicing a regional catchment area of 112,000 people, nestled between Lake Nipissing and Trout Lake. This city of 51,553 residents is conveniently located just three and a half hours from major Ontario centres such as Toronto and Ottawa and a short distance to U.S. markets.

BURLING TOWNS IS NOW GLENDOR TOWNS

May 2019

Core Capital Partners Inc. (FSCO Brokerage No 12497) is pleased to announce the Burling Towns project has been re-branded as ‘Glendor Towns’. DVLP, the developer behind this exciting project has recently achieved site specific zoning to build 34 Modern design townhouses. Located at Plains Road E & Brant Street in the heart of Burlington, Glendor Towns puts you in the middle of it all!

With transit at your doorstep and just minutes from the QEW, Fairview GO Station, the Lakefront and major shopping centres. It’s the perfect place to call home. Core provided 1st position mortgage for the acquisition and soft cost for the project amounting to approximately $ 5,000,000.

Stay tuned for details about CORE friends and family discounts when the pre-sale happens in Fall 2019!

INVESTORS SUCCESSFULLY EXITED FROM SHERWOOD FOREST

March 2019

Core Capital Partners Inc. (FSCO Brokerage No 12497) is pleased to announce the successful exit of the second mortgage Core investors provided to developers by way of a mezzanine loan amounting to $ 825,000 for soft costs to advance the Sherwood Forest student residences. The project is located in close proximity to Western University and Sherwood Forest Commercial complex in London Ontario. The project is now branded as “The W.”

Phase 1 is scheduled to be completed in 2019 and will include two 4-storey buildings containing a total of 56 student suites. Each suite is a self-contained 4 bedroom furnished apartment containing a full kitchen, living room, washer / dryer, and four private bedrooms each having a private bathroom. A central amenity building ‘clubhouse’ will provide group and private study rooms, fitness centre, social lounge with billiards, kitchen and soft seating, and a sales centre.

MARK VOSYLIUS JOINS CORE

February 2019

Effective February 2019, we are pleased to announce that Mr. Mark Vosylius has joined CORE as President & Managing Partner for Core Realty Partners Inc., the real estate investment and development arm for Core Group of Companies.

Prior to joining CORE, Mark has worked in various capacities in the real estate industry since 1989. His background includes portfolio property management, financing, commercial real estate sales, site planning, construction management and development/project management.

In recent years, Mr. Vosylius has been engaged in development/project management of various projects totaling in excess of $500 Million. Through such, he (formally) founded one of Canada’s premier real estate finance companies. Specializing in using creative funding techniques in both debt and equity positioning, he has achieved positive outcomes for both investor and property developer.

He was recognized by Real Estate Investment Network by winning their “Top 10 Award” twice. His real estate investment expertise is a result of his extensive and successful track record.

Mr. Vosylius holds a Bachelor’s Degree from York University, is a licensed Realtor, licensed Mortgage Broker. He is an active public speaker, author, and he has helped thousands of investors through his long running TV Show “Your Money and Real Estate”.

CORE COMPLETES PARK CITY HOMES MEZZANINE FINANCING

January 2019

Core Capital Partners Inc. (FSCO Brokerage No 12497) is pleased to announce the successful completion of a $ 3.7 M mezzanine financing for iViva Homes’ Park City Homes. Park City Homes is planned to become a 190 Unit Townhouse Development project located in a prime location right on Yonge Street in Barrie ON. The project is within a 2-kilometer radius to schools, restaurants, major shopping centers, the GO station as well as the main waterfront parks.

The project will supply the ever-growing demand for quality residential properties in Barrie. Barrie has been named by Money Sense magazine as top 10 places to live in Canada. REIN (Real Estate Investment Network) also named Barrie ON as top 10 places to live and invest in Ontario.

As coffee and dessert were served, Dr. Walter Heidary, Chairman of BRED Token, the main sponsor for the evening introduced to the audience the technology behind the future of real estate investing – Blockchain technology. This technology is already adapted by the largest financial institutions in the world.

4TH ANNUAL CORE RED CARPET EVENT

September 2018

CORE held its 4th Annual Red Carpet Event last September 8, 2018. The event was held at Hacienda Sarria located in Kitchener ON. Charming and unique, all 200 guest were greeted and enjoyed the evening at the European styled villa.

The evening started out with drinks and music as guests reconnected with old friends and introduced to new ones. Haven developments, iViva Homes and Reid’s Heritage homes were guest developers for the evening. Through their corporate booths, investors got first dibs on the latest offerings.

The group then proceeded to the plenary where CORE CEO Roberto Lloren shared a year in review and laid out the corporate direction in 2019. Dinner and drinks followed as laughter and great conversations pervaded the place.

BRED, through its partnership with CORE is pioneering the real estate industry by utilizing the blockchain technology and strategically bridging the gap between the digital and traditional real estate markets. Both CORE and BRED are working hard to launch a series of real estate opportunities that will be available and funded in the digital space.

Stay tuned.

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