Fortress Real Developments

10/31/2019

A website has been created to provide a detailed, comprehensive and exculpatory look at the contracts, documents and structure of the syndicated mortgages that funded Fortress projects.

Visit the link below for an in depth review of the documents, where focus has been placed on items such as disclosure and risks.

To Our Readers This website is created by Fortress Real Developments in its capacity of development consultant (read full disclaimer). This website provides a detailed, comprehensive and exculpatory look at the contracts, documents and structure of the syndicated mortgages that funded Fortress proje...

10/24/2019

An exculpatory, fact based, look at the structure of the syndicated mortgages that in part funded Fortress projects. This website provides a detailed look at the documents & disclosure that outlined fees, risks, relationships and roles

To Our Readers This website is created by Fortress Real Developments in its capacity of development consultant (read full disclaimer). This website provides a detailed, comprehensive and exculpatory look at the contracts, documents and structure of the syndicated mortgages that funded Fortress proje...

05/28/2019

[NEWS] Carlyle Communities Refinances Mississauga Low-Rise Development Site

Caryle Communities refinances project on Crestview Ave in Mississauga, where Fortress was a development consultant. Over the past 10 years, Fortress in its capacity as a land owner, development consultant and development partner, has completed 35 real estate projects across Canada.

05/21/2019

[NEWS] Fortress Assists in Sale of Downtown Toronto Development Site

Fortress negotiates the sale of a downtown Toronto site after the development plan for the Charlotte Adelaide Tower was rejected by the Ontario Municipal Board in October 2018 despite the backing of a team of industry leading consultants that firmly believed that the plan represented appropriate int...

04/29/2019

[NEWS] Fortress Exits Interest in Downtown Toronto Development

The James, a condo project in downtown Toronto in partnership with Lamb Development Inc. has been refinanced with Fortress concurrently exiting its interest in the project. Fortress continues to work diligently with its partners and FAAN to bring the best value forth for all projects within their po...

02/21/2019

[NEWS] The story the media continues to ignore.

We believe that all members of the media have a duty to be fair and balanced in their reporting. Over $62M of funds have been paid back to lenders in Fortress projects since November 2018; this information is both publicly available and has been provided to the Globe & Mail, but continues to be igno...

02/13/2019

Fortress completes its participation in Oakville commercial project.

Another project is marked complete with Kingridge Square in Oakville Ontario a commercial project which features a medical building and three other buildings for various office and commercial uses . This is the 33rd project to complete as Fortress endeavours to steward its project portfolio to the b...

02/07/2019

Fortress exits The Harlowe project in downtown Toronto.

Lamb Development Corp and Fortress have completed The Harlowe on Richmond Street in downtown Toronto. This is the sixth completed project by the partnership, each completion providing positive net returns to stakeholders. The Harlowe brings 218 units to the Toronto market and together the six comple...

01/31/2019

Fortress exits the Braestone project near Horseshoe Valley.

Fortress has completed its role in the master planned development of Braestone located in the township of Oro-Medonte in the Horseshoe Valley community.

12/04/2018

The crane is up at Platform Condos on the Danforth. (Pic via UrbanToronto forums)