Income &
Growth Fund
Building and Growing
Real Estate to Preserve
Wealth
BUILD WITHIN
CITY PLANNING GUIDELINES
TRANSIT
LINES
CORE
TORONTO
AAA
COMMERCIAL
TENANTS
VIBRANT
RENTAL
MARKET
EXPERIENCED
MANAGEMENT
Key locations in an urban setting will stand the test of time and outperform the market in the long run. TORONTO is our home base, and we believe strongly that results are amplified when we use our expertise to build and grow an asset—as opposed to purchasing a fully stabilized property.
The portfolio consist of urban transit-oriented, mixed use properties with an emphasis on purpose-built rentals which are in significant demand in the city of Toronto.
The Fund's mandate is to invest in, and create steady, stable cash flow through a combination of long-term AAA leases and purpose built rental apartments. At the the top of our check list is insisting on high quality credit tenants in prime locations, which assures sustainability of the income stream through economic cycles.
In addition to driving stabilized cash yields, with built in escalations over time, Clifton Blake is an active asset manager where we seek and implement value-add opportunities in excess of our distributions. The result is continued capital appreciation for our investors.
Investors interested in participating in a portfolio of commercial real estate assets representing stable, income-producing properties generating immediate cash flow.
Investors interested in stable income along with the potential for medium-to-long-term capital appreciation from a smaller group of properties, redeveloped and repositioned in an urban core market.
Existing investors in Clifton Blake Bridge Funds interested in maintaining a long-term holding without triggering immediate tax consequences.
Core Asset Investments are comprised of properties with long-term leases with AAA retail tenants, strong covenant commercial tenants and purpose-built rental. Our average commercial lease term, as at Q1 2023 was 8.3 years.
Value-Add Investments are comprised of properties which in many cases have existing or new leases but have further potential beyond the in-place income.
Development Assets include assets where significant work has been completed in advance to eliminate planning and approval risk. Development of assets within the Fund enhances the overall long-term yield by creating net operating income on laid down cost versus market purchase price. In many cases, on completion the Fund will refinance these assets and recycle the capital into other high-yield opportunities.
$35,000,000
$1,400,000
$10,400,00
$418,000
$11,200,000
$451,000
$18,500,000
$730,000
Subsequent to finalizing three AAA commercial leases, The Fund topped up the density by building 11 luxury apartments, creating additional long term value.
$5,800,000
$217,000
Subsequent to finalizing Tim Hortons lease, The Fund topped up the density by building 8 apartments, creating additional long term value.
23
Condo
Retail at Grade
17,000 sq. ft. of Essential Retail Space under negotiation. All plans approved and construction is under way.
Retail at
Grade
20,000 sq. ft. of Essential Retail Space currently under negotiation with a Schedule I bank. Full development approvals anticipated mid 2021.
Office
Space
Retail at Grade
10,000 sq. ft. of Office Space 20,000 sq. ft. of Essential Retail Space under negotiation
Purpose Built Luxury Rental Building with unobstructed views of High Park - currently in the planning phase.
Luxury Residential Rental Building with 10,000 sq. ft. Retail at Grade. Fronting upcoming Eglinton Crosstown LRT.
Purpose Built Luxury Rental Building with unobstructed views of High Park - currently in the planning phase.
Quality Commercial Tenant Mix
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in Toronto.
7% annual cash distribution is paid quarterly and investors own a proportionate share in ALL Income & Growth Fund properties.
LIQUIDITY
Redemptions available at each quarter-end upon 30 days notice, after first two years investment. Up to 5% of the Fund in any quarter. Up to 15% of the Fund in any annual period.
TARGET CASH DISTRIBUTIONS
paid out quarterly
MINIMUM INVESTMENT
TARGET TOTAL RETURN
(cash flow + value add + capital appreciation)
