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NexusCrowd partners with Downing Street Realty for CAD12m industrial real estate redevelopment project

NexusCrowd has launched a new real estate redevelopment project on its online investment platform, after partnering with Downing Street Realty Partners, a Toronto-based real estate investment manager and merchant bank.

Downing Street is the lead investor for the CAD12 million project, which includes three industrial properties in the Greater Toronto Area (GTA).
 
The partnership will allow NexusCrowd to post exclusive investment opportunities that Downing Street is leading onto the NexusCrowd platform. NexusCrowd is the first investment platform in Canada to provide accredited investors with exclusive access to co-invest alongside institutional investors in deals that have reached at least 50 per cent of their funding target. It also provides private equity firms with a "frictionless" way to raise new capital.
 
"We are extremely pleased to welcome Downing Street as a partner," says Hitesh Rathod, CEO of NexusCrowd. "Downing Street has a long history of successful investment and management in the real estate development and redevelopment sectors. This partnership broadens our ability to offer high-quality investment opportunities to accredited investors with a reputable sponsor."
 
Real estate crowdfunding is experiencing explosive levels of growth. According to crowdfunding firm, Massolution, the market for real estate crowdfunding is expected to increase by 150 per cent, equalling CAD2.57 billion in 2015, making it one of the fastest-growing industry segments of crowd capitalism.
 
"Partnering with NexusCrowd enables us to efficiently raise additional sources of capital, while leveraging the power of crowdfunding," says Marc Canale, a Partner at Downing Street Realty Partners. "Downing Street has an extensive track-record with redevelopment projects of this nature, and is pleased to partner with NexusCrowd to offer investors this latest opportunity."

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