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Northview Canadian High Yield Residential Fund Management Presentation
Investor Relations
Investment Highlights
Capitalizing on the Multi-Residential, Execusuite and Commercial Real Estate Opportunities in Canada’s Secondary Markets
- EQUITY SIZE: $430M
- INVESTMENT VEHICLE: Three-year closed end fund, with 2 one-year extension options
- TARGET LEVERAGE: Up to 70% gross book value or appraised value of properties
- EXPECTED YIELD: 10.5% cash distribution per annum, paid monthly
- MEANINGFUL ALIGNMENT WITH INSTITUTIONAL INVESTORS: Starlight Investments, KingSett Capital, Alberta Investment Management Corporation (AIMCo) and Timbercreek Asset Management
- THREE CLASSES OF UNITS: One class of listed units on the Toronto Stock Exchange to provide liquidity and two classes of unlisted units
- TARGET CLOSING: Q3 2020
$430M
Equity Size
~$1.7B
Total Assets
3 YR
Close End Fund
+
2 x 1 YR
Extension Options
Listed on theToronto Stock Exchange
10.5%
Targeted Annual Distribution
Investor Presentation Download
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2020-09-16
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Northview Canadian High Yield Residential Fund Management Presentation