Latest news with #TrezCapital
Yahoo
02-06-2025
- Business
- Yahoo
Brookfield Residential and Trez Capital Form Joint Venture to Complete a Master-Planned Community within the Florida Market
COSTA MESA, Calif. and VANCOUVER, BC, June 2, 2025 /PRNewswire/ -- Brookfield Residential, a leading land developer and homebuilder in North America, is pleased to announce the launch of a strategic joint venture with Trez Capital, a leader in North American commercial real estate investments, to develop a new master-planned community in Central Florida named Osprey Creek. This project marks an expansion of Brookfield Residential's presence in the Florida market, with the development set to meet the growing demand for high-quality residential communities. The joint venture will see Brookfield Residential and Trez Capital combine their expertise in land development and capital deployment to deliver premium residential communities. The partnership reflects a shared commitment to responsible development and creating communities that enhance residents' quality of life. Osprey Creek is a master-planned community in Polk County, Florida, offering over 900 residential lots. Located approximately 35 miles south of Orlando, this development will feature traditional single-family homes with an emphasis on affordability for first-time buyers. The community is conveniently situated near major transportation routes and area attractions, making it an ideal location for young families, retirees, and professionals. "This collaboration with Trez Capital underscores our commitment to expanding our footprint in key markets like Central Florida," said Adrian Foley, president and CEO of Brookfield Residential. "By leveraging our operational strengths and market knowledge, we are positioned to deliver vibrant, impactful communities that cater to the growing demand for affordable housing options in the region." "Partnering with Brookfield Residential marks the beginning of a strong and strategic relationship that combines deep development expertise with disciplined capital deployment," said John D. Hutchinson, co-CEO and global head of origination at Trez Capital. "The Osprey Creek community is an excellent example of our ability to identify and invest in high-potential real estate projects that provide lasting value for our investors." Sam Salloway, senior managing director, head of equity investments at Trez Capital, added, "Florida continues to lead the nation in population growth, and this joint venture solidifies our confidence in the region's long-term fundamentals as part of our broader strategy to partner with industry leaders in delivering thoughtfully planned communities that address long-term market demand." The joint venture will benefit from both companies' strong relationships with an institutional homebuilder and help meet the demand for housing in rapidly growing areas of Florida. About Brookfield ResidentialBrookfield Residential Properties ULC is a leading land developer and homebuilder in North America. The company entitles and develops land to create master-planned communities, builds and sells lots to third-party builders, and conducts its own homebuilding operations. Participation in select strategic real estate opportunities includes infill projects, mixed-use developments, and joint ventures. As the flagship North American residential property company of Brookfield Corporation (NYSE: BN; TSX: BN), Brookfield Residential is committed to excellence in residential development. Further information is available at and About Trez CapitalFounded in 1997, Trez Capital is a diversified real estate investment firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndication offerings, and real estate joint-venture investments; and provides property developers with quick approvals on flexible short- to mid-term financing. With offices across North America, Trez Corporate Group has over $5.7* billion CAD in assets under management and has funded over 1,800 transactions totaling more than $20.5 billion CAD since inception. For more information, visit (*As at Q1 2025, Trez Corporate Group AUM includes assets held by all Trez-related entities). View original content to download multimedia: SOURCE Brookfield Residential; Trez Capital
Cision Canada
02-06-2025
- Business
- Cision Canada
Brookfield Residential and Trez Capital Form Joint-Venture to Complete a Master-Planned Community within the Florida Market
COSTA MESA, Calif. and VANCOUVER, BC, June 2, 2025 /CNW/ - Brookfield Residential, a leading land developer and homebuilder in North America, is pleased to announce the launch of a strategic joint-venture with Trez Capital, a leader in North American commercial real estate investments, to develop a new master-planned community in Central Florida named Osprey Creek. This project marks an expansion of Brookfield Residential's presence in the Florida market, with the development set to meet the growing demand for high-quality residential communities. The joint-venture will see Brookfield Residential and Trez Capital combine their expertise in land development and capital deployment to deliver premium residential communities. The partnership reflects a shared commitment to responsible development and creating communities that enhance residents' quality of life. Osprey Creek is a master-planned community in Polk County, Florida, offering over 900 residential lots. Located approximately 35 miles south of Orlando, this development will feature traditional single-family homes with an emphasis on affordability for first-time buyers. The community is conveniently situated near major transportation routes and area attractions, making it an ideal location for young families, retirees and professionals. "This collaboration with Trez Capital underscores our commitment to expanding our footprint in key markets like Central Florida," said Adrian Foley, President and CEO of Brookfield Residential. "By leveraging our operational strengths and market knowledge, we are positioned to deliver vibrant, impactful communities that cater to the growing demand for affordable housing options in the region." "Partnering with Brookfield Residential marks the beginning of a strong and strategic relationship that combines deep development expertise with disciplined capital deployment," said John D. Hutchinson, Co-CEO & Global Head of Origination at Trez Capital. "The Osprey Creek community is an excellent example of our ability to identify and invest in high-potential real estate projects that provide lasting value for our investors." Sam Salloway, Senior Managing Director, Head of Equity Investments at Trez Capital, added, "Florida continues to lead the nation in population growth, and this joint-venture solidifies our confidence in the region's long-term fundamentals as part of our broader strategy to partner with industry leaders in delivering thoughtfully planned communities that address long-term market demand." The joint-venture will benefit from both companies' strong relationships with an institutional homebuilder and help meet the demand for housing in rapidly growing areas of Florida. About Brookfield Residential Brookfield Residential Properties ULC is a leading land developer and homebuilder in North America. The company entitles and develops land to create master-planned communities, builds and sells lots to third-party builders, and conducts its own homebuilding operations. Participation in select strategic real estate opportunities includes infill projects, mixed-use developments and joint ventures. As the flagship North American residential property company of Brookfield Corporation (NYSE: BN; TSX: BN), Brookfield Residential is committed to excellence in residential development. Further information is available at and About Trez Capital Founded in 1997, Trez Capital is a diversified real estate investment Firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndication offerings and real estate joint-venture investments; and provides property developers with quick approvals on flexible short- to mid-term financing. With offices across North America, Trez Corporate Group has over $5.7* billion CAD in assets under management and has funded over 1,800 transactions totalling more than $20.5 billion CAD since inception. For more information, visit (*As at Q1 2025, Trez Corporate Group AUM includes assets held by all Trez-related entities).
Cision Canada
21-05-2025
- Business
- Cision Canada
Trez Capital Reports Stable First Quarter Performance and Continues Strategic U.S. Investment Strategy Français
New fund offering and strong U.S. residential investment activity position the Firm for continued growth VANCOUVER, BC, May 21, 2025 /CNW/ - Trez Capital, one of North America's leading private real estate investment firms, announced its results for the first quarter of 2025. Entering 2025 with renewed market optimism, the Firm maintained stable performance across both its debt and equity investment platforms. This continued momentum reflects a disciplined investment strategy and longstanding relationships with experienced development partners and borrowers. Debt Funds Trez Capital's debt funds continued to deliver consistent returns and maintain stable net asset values (NAVs), underpinned by high-quality loans in resilient residential markets with strong fundamentals. A total of 10 new transactions were closed in Q1 2025, representing $400 million CAD in loan commitments. These investments reflect the Firm's focus on delivering attractive risk-adjusted returns while replicating its trademark approach to financing with discipline, speed, innovation and integrity. In a strategic move to expand its product suite to meet investor and advisor demand, the Firm successfully launched Trez Capital Yield U.S. (CAD) Limited Partnership ("TCYP U.S. CAD") on February 28, 2025. An exclusive offering for Canadian corporate investors, the fund mirrors Trez Capital Yield Trust U.S. (CAD) investment strategy, focusing on opportunistic, short-term commercial financing in core U.S. markets, primarily targeting residential projects in the U.S. Sunbelt. Equity Investments Trez Capital's equity platform entered 2025 with strong momentum, building on a proven track record of disciplined execution in high-growth U.S. markets. Activity during the quarter was concentrated in residential development, particularly single-family and multi-family projects in regions that continue to benefit from strong in-migration, job creation and a structural housing undersupply. "We're seeing strong fundamentals driving long-term demand in our core U.S. residential markets," said Christian Skogen, Chief Investment Officer. "In a market shaped by macroeconomic disruption, we're focused on projects with experienced, repeat borrowers who have a proven track record navigating various cycles. We're taking a cautious approach in Canada and remain highly selective with new U.S. opportunities that align with our disciplined investment strategy." Strategic Outlook Stabilizing interest rates and improving financing conditions have supported the Firm's focus on high-demand U.S. markets like Texas and Arizona, where housing shortages and robust job growth create compelling opportunities. "Trez Capital is well-positioned to capitalize on persistent housing shortages and resilient residential rental demand across our core markets," said John Maragliano, Co-Chief Executive Officer and Chief Financial Officer. "We remain focused on high quality lending and development opportunities that align with our long-term view of the underlying market fundamentals that deliver value for our investors." About Trez Capital Founded in 1997, Trez Capital is a diversified real estate investment Firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndication offerings and real estate joint-venture investments; and provides property developers with quick approvals on flexible short- to mid-term financing. With offices across North America, Trez Corporate Group has over $5.7* billion CAD in assets under management and has funded over 1,800 transactions totalling more than $20.5 billion CAD since inception. For more information, visit (*As at Q1 2025, Trez Corporate Group AUM includes assets held by all Trez-related entities).
Toronto Sun
06-05-2025
- Business
- Toronto Sun
HORIE: Ontario needs policy that matches its housing ambition
Eric Horie is Senior Vice President at Trez Capital. Photo by Handout / Toronto Sun Ontario's housing system is no longer just strained – it's stalled. Uncertainty in the development process and a lack of consistency in policy are major barriers that need to be addressed to get homes built. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account With an ambitious target set by Ontario of building 1.5 million homes by 2031, this benchmark reflects the urgency of the province's housing needs. Demand for housing continues to rise, population growth is accelerating, and affordability is slipping further out of reach — yet the pace of new home delivery continues to lag behind. The development environment is often characterized by slow, inconsistent approvals, infrastructure that isn't keeping up and fragmented policies that create more friction than progress. These bureaucratic hurdles are roadblocks to investment, housing access and Ontario's long-term economic resilience. With a new provincial budget on the horizon, Ontario has another opportunity to shift course. The province has taken important steps, including setting municipal housing targets, expanding strong mayor powers and passing legislation to streamline approvals and reduce development charges. These efforts point in the right direction. However, progress will be limited without greater policy coordination and implementation at scale. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. The demand for housing spans every region, income level and stage of life, but too often, even projects that align with local growth plans face 18 to 24 months of delay before breaking ground. That kind of uncertainty makes projects more expensive, less feasible and ultimately less likely to get built. Developers require greater certainty — housing projects typically take five to seven years or more from site acquisition to completion and are highly capital-intensive. The current regulatory environment falls short of providing the required level of certainty to make such long-term and large investment decisions. The solution starts with predictability. Ideally, a consistent, provincewide permitting framework with a single window, clear timelines and transparent performance tracking would give municipalities, planners and investors a shared baseline. Faster doesn't mean careless. It means being coordinated, accountable and focused on outcomes that matter. This advertisement has not loaded yet, but your article continues below. Infrastructure investment is just as essential. Without roads, transit, water and utility connections, zoned land remains just that — land. If Ontario wants to unlock new supply and support complete communities, it must prioritize infrastructure that enables growth in high-demand corridors. Municipalities need tools, resources and support to keep pace with growth. There's also a strong case for rewarding progress. Ontario's new 'Building Faster Fund' is a step in the right direction — tying $1.2 billion in infrastructure support to how municipalities perform on housing targets. That kind of alignment should continue and expand. Communities working hard to modernize and build deserve priority access to support that keeps them moving forward. Market trends are also evolving. Across the sector, developers and builders are shifting toward mid-density formats like stacked townhomes, low-rise condominiums and purpose-built rentals. These projects are more attainable, quicker to deliver, easier for developers to obtain financing and better suited to today's household needs. But even these smaller-scale builds can face delays if systems aren't modernized and aligned. This advertisement has not loaded yet, but your article continues below. Capital isn't the problem. Certainty is. When approvals take too long, or infrastructure isn't in place, the risk rises and costs escalate. That affects everything from timelines to rental rates to affordability to delivering the right type of housing mix for the market. The long approval process makes it difficult for developers to pivot, resulting in a narrow range of housing options being delivered. Ontario is oversupplied on tower residential units and under-supplied on ground-oriented units. A more efficient, coordinated development environment would speed up housing delivery and bring the stability investors look for when making long-term community commitments. What was once a slow-moving policy challenge has become a defining economic risk for Ontario. From workforce recruitment to productivity to quality of life, the housing shortage shape show people live, work and plan their futures. It's limiting opportunity and constraining growth across the province. This advertisement has not loaded yet, but your article continues below. The province's recent speech from the throne reaffirmed the government's intent to address these challenges, including a commitment to reduce development charges and speed up timelines. This year's budget allows Ontario to build on that momentum, moving beyond tracking housing starts to set a new standard for predictability. A Housing Certainty Index, built as a public, provincewide scorecard, would go beyond existing tools by measuring how municipalities perform on housing targets and permitting timelines, zoning alignment and infrastructure readiness. By expanding on models like the Housing Supply Progress Tracker and incorporating the relevant data that developers and lenders rely on, Ontario can give the entire housing system a more reliable foundation and deliver on the housing mix desired by its citizens. Certainty attracts capital, and capital gets homes built. — Eric Horie is Senior Vice President at Trez Capital Toronto Maple Leafs Canada Editorial Cartoons MLB Toronto Blue Jays
Globe and Mail
18-02-2025
- Business
- Globe and Mail
Trez Capital Closes Q4 2024 Performance with Strategic Leadership Advancements and Continued Growth
VANCOUVER, BC , Feb. 18, 2025 /CNW/ - Trez Capital, a leader in North American commercial real estate investments, reports its Q4 2024 results, highlighting resilient performance, strategic leadership advancements and continued growth amid an evolving market landscape. With assets under management (AUM) surpassing $5.7 billion CAD, the Firm has funded over $20.5 billion CAD in commercial real estate (CRE) loans since inception. Trez Capital closed out Q4 2024 with resilient fund performance, strategic portfolio shifts and expansion into high-growth markets. Amid easing interest rates and improving real estate fundamentals, the Firm leveraged its expertise to drive value across both debt and equity CRE investments. The Firm's debt funds maintained stable monthly distributions, benefiting from a lower interest rate environment and active loan repayments. New financings in industrial and residential projects across Texas , Alberta and Arizona reinforced portfolio resilience. Trez Capital expanded its footprint in high-growth United States (U.S.) markets, including Texas , Arizona , Colorado and Washington, D.C. , particularly in residential development, where demand remains robust. The closing of the Firm's largest U.S. Equity Opportunity Fund – Trez Capital U.S. Opportunity Fund #8 (TOF VIII) – announced in December 2024 marked a significant milestone, with nearly half of the Fund already deployed into high-demand residential lot development projects. Trez Capital Private Real Estate Fund Trust (TPREF) strengthened its positioning by investing in Furst Ranch ( Dallas-Fort Worth ), a major lot development project. The Fund also divested its self-storage portfolio, reallocating capital to higher-growth residential and mixed-use development opportunities. Leadership Advancements Post quarter, the Firm announced advancements to its leadership team, strengthening its position in the marketplace and driving its strategic vision forward. John Maragliano was appointed Co-Chief Executive Officer alongside John D. Hutchinson , while continuing in his role as Chief Financial Officer. Co-CEOs John Hutchinson and John Maragliano jointly stated, "Our focus has always been on delivering solid, risk-adjusted returns to our investors, and 2024 was a demonstration of that commitment. As we look ahead, we are encouraged by strong growth prospects – particularly in the residential, retail and industrial markets – due to a shortage of supply coupled with attractive deployment opportunities from repeat borrowers. Our collective experience, long-term relationships, and deep understanding of these markets are our strategic advantage and position us for further long-term value creation for our investors. We are confident in our ability to navigate and prosper in the evolving landscape, building on positive momentum in 2025." Additional updates to the executive leadership team include Christian Skogen assuming the role of Chief Investment Officer and Keiju Yamasaki being appointed Chief Credit Officer. These changes align with Trez Capital's focus on disciplined risk management, innovative investment strategies and operational excellence. The executive leadership team ("ELT") guiding the Firm's daily operations comprises John Hutchinson, John Maragliano, Christian Skogen, John Creswell, and Alec Barry, with Darren Esser now joining the ELT after serving the Firm since 2020. 2025 Outlook: Opportunities Amid Policy Changes and Evolving Markets Trez Capital enters 2025 with strong momentum, supported by a stabilizing economic backdrop and emerging opportunities in key markets. In Canada , moderating inflation and interest rate cuts are expected to support housing demand, while in the United States (U.S.), resilient job growth and improving transaction activity signal renewed confidence in CRE. "Looking to the future, our priority is to identify and capitalize on the highest-value opportunities that align with our strategic objectives and strengths, all while maintaining our unwavering commitment to prudent risk management," said John Maragliano , Co-Chief Executive Officer & Chief Financial Officer. "In a rapidly changing market, we are poised to adapt and innovate, ensuring we consistently deliver value and results to our investors." About Trez Capital Founded in 1997, Trez Capital is a diversified real estate investment Firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States . Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndication offerings and real estate joint-venture investments; and provides property developers with quick approvals on flexible short- to mid-term financing. With offices across North America , Trez Corporate Group has over $5.7* billion CAD in assets under management and has funded over 1,800 transactions totalling more than $20.5 billion CAD since inception. For more information, visit (*As at Q4 2024, Trez Corporate Group AUM includes assets held by all Trez-related entities).
