“As demand for new housing continues to outpace supply, value of developable land continues to rise. Plaza Partners has given investors the opportunity to participate in the land appreciation by offering a ‘buy and hold’ investment” said Pinny Kaufman, Director and Officer of the General Partner.
Several key forces are expected to sustain the demand for GTA housing and resulting land price growth that Kaufman references. “Toronto employment is strong, rental vacancy has fallen to historically low levels and the GTA is projecting population growth of 2.5 million by 2036” said Devon Cranson, President and Founder of Cranson Capital Securities.
“With the GTA’s scarcity of land, there is significant upside potential for investors who purchase land that is currently being under-utilized. That’s exactly what we’ve offered investors with Plaza Partners – The Donway Fund” added Cranson.
In addition to Plaza Partners – The Donway Fund, Cranson Capital has recently led successful capital raises for Plaza’s 5888 Yonge Street Fund and the Plaza Land Fund. To learn more about investment opportunities with Cranson Capital please visit cransoncapital.com.