Institutional Separate Accounts
Slate’s ability to source attractive opportunities and to co-invest in core and core plus strategies alongside institutional investors makes us an ideal partner for managers of large pools of capital looking for direct real estate ownership.
Throughout our history, we have worked with some of the world’s largest institutional investors to enhance value by applying our expertise as innovative acquirers and skilled operators.
Yonge + St. Clair Case Study
Midtown Toronto is home to the most desirable neighbourhoods in the city – including Forest Hill and Rosedale – and to many of Canada’s most influential business people, politicians and celebrities. At its center is the intersection of Yonge and St. Clair. These streets were once filled with busy restaurants, bustling shops, and vibrant public space. Over the years, the neighbourhood lost its identity. Office buildings became dated, restaurants came and went and the area became overlooked as surrounding nodes gentrified. Slate saw an opportunity. Alongside an institutional capital partner, Slate began assembling its portfolio at Yonge + St. Clair in 2013.
In six separate transactions, Slate and its partner acquired ten assets including the buildings on all four corners of the Yonge and St. Clair intersection. Through our hands-on asset management team, best-in-class partners and clear vision, Slate is transforming Yonge + St. Clair into Toronto’s premier live-work neighbourhood. The area has a vastly improved pedestrian experience, state of the art office space, top-notch retail shops and restaurants and a condominium project underway led by world-renowned architecture firm, Studio Gang.