In October 2019, Fasken acted for Fengate Capital Management Ltd. (“Fengate”) in connection with a joint venture transaction for the development of two purpose-built rental apartments aka Greystone Village, Ottawa wherein Fengate and its joint venture limited partner purchased Greystone Village, Ottawa.
Fasken advised on all matters relating to the acquisition, the structuring of the limited partnership, the limited partnership agreement, the shareholder’s agreement, the property management agreement, the development management agreement and the asset management agreement.
Fasken advised Fengate with a team comprised of Marty Emmons, Andrea Centa (Real Estate), Joanne Meadowcroft (Paralegal/Law Clerk, Real Estate), Scott Conover (Corporate) and Kelly Rowan (Paralegal/Law Clerk, Corporate).