The RoseWater Group of Companies announces its newest division
The RoseWater Group of Companies, is pleased to announce the launch of its newest division, RoseWater Developments. RoseWater Developments will consist of RoseWater Construction Group, a construction company that will build Industrial and Commercial projects, and RoseWater Residential Group, which will build out residential properties, from single family low rise to mixed use midrise.
RoseWater has joined forces with Richard Fava, a seasoned veteran of the residential construction industry with over 25 years of experience and over 1,500 homes to his credit and winner of multiple industry awards.
"I've known the RoseWater team for some time and was always waiting for the right time to join forces" stated Richard Fava, "and when I saw the opportunities they had in front of them, I knew this was the perfect time to start this division and bring things to a new level."
RoseWater Developments is the most recently formed division within the RoseWater Group of Companies. This division will be headed by Richard Fava.
About RoseWater Developments
RoseWater Developments is involved in the construction of residential, commercial and industrial projects throughout Ontario.
The RoseWater Developments founders are directly involved in over 2,800 residential units, from high rise to low rise and over 2,000,000 square feet of commercial and industrial space
About RoseWater Group of Companies
RoseWater Group of Companies consists of RoseWater Management Group Limited, an industry leader in responsible Land Development, Property Management and Project Management, RoseWater Capital Group Limited, a leader in Financing and Strategic Partnerships, and RoseWater Developments Limited, who works with pension funds and asset managers on specific projects. Each company focuses on its core discipline and has worked with pension funds, and both public and private entities to acquire, finance, manage and develop real estate assets. Rosewater's seasoned teams have the experience and expertise required to successfully complete every phase of the land development process.
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RoseWater Group of Companies
The RoseWater Management Group has completed the acquisition of 1718 Wilson Avenue, Toronto
RoseWater Management Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce the acquisition of 1718 Wilson Avenue in the City of Toronto, Ontario. The site is fully leased with two commercial tenants with room for expansion.
RoseWater Management Group negotiated the acquisition and worked with the partners to secure the necessary financing required for the transaction. "This site represented a great opportunity for us to add to our growing portfolio of assets" stated Mario Bottero of RoseWater Management Group.
RoseWater Management Group is a division within the RoseWater Group of Companies.
The RoseWater Group has completed the acquisition of 529 Oakwood Avenue, Toronto
RoseWater Management Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce the acquisition of 529 Oakwood Avenue in the City of Toronto, Ontario. The site is fully leased with an expansion planned for 2016. The property has 3 street frontages.
The building is a single tenanted property and is currently zoned commercial with a long term lease in place. The ultimate plan is to take advantage of a developing vibrant retail and residential market and redevelop the property to its highest and best use.
RoseWater Management Group negotiated the acquisition and worked with the partners to secure the necessary financing required for the transaction. “We immediately saw the long term potential of this site with the construction of the Crosstown LRT along Eglinton Avenue West and a station at Oakwood, we knew we wanted the site.” stated Marco Lorenti of RoseWater Management Group.
The RoseWater Group of Companies along with Fortress Real Developments have completed the acquisition of Prime development lands in Whitby
RoseWater and Fortress are pleased to announce the closing of their transaction on Thickson Road and Highway 407 in Whitby, Ontario. The lands will be a mixed use development with commercial and Industrial uses along with office components.
“We’re excited about the opportunity in front of us,” stated Vince Petrozza of Fortress Real Developments, adding “these lands are well situated and will capitalize on the growth planned for the area. The exposure along Thickson Road with clear sight lines from the 407 make this piece the premier piece for future employment growth.”
The property consists of 117 acres and is designated in the Official Plan of Whitby. Strategically located at the 407 off ramp at Thickson Road, this site will clearly help shape the future of the town of Brooklin. Brooklin currently has a population of over 35,000 people, and that population is expected to more than double as the planned growth becomes a reality.
“We’ve put a lot of work into this project and we see the potential for some significant developments that we can all be proud of,” Stated Mario Bottero of RoseWater Management Group, “the timing couldn’t be better as the 407 continues to push forward with an expected opening date of December 2015.”
RoseWater Management Group will oversee the daily operations of the rezoning, property management, development management and leasing/selling processes. “We’re happy to have teamed up with Fortress, they took a look at the opportunity and came to the same conclusion as we did,” added Mario Bottero, “this is a great site.”