Cranson Capital Securities Announces First Closing of The Cranson Capital Real Estate Development Fund

TORONTO, November 3rd, 2022 –Cranson Capital Securities, a Toronto Exempt Market Dealer specializing in private market Canadian real estate investment opportunities, announced the closing of the Cranson Capital Real Estate Development Fund (“The Fund”). The Fund completed it’s first closing, with the intent to deploy capital in a variety of residential real estate development opportunities across the GTA and Southern Ontario.

Today, Cranson Capital has 20 active residential development projects across the GTA with an estimated completion value of over $3B. The newly formed Cranson Capital Real Estate Development Fund allows investors the opportunity to become equity partners in a variety of projects.

“The Cranson Capital Real Estate Development Fund is unique in that it allows a single investment to be deployed in a variety of projects in different locations, building forms, and multiple builders. This diversification will help balance investments across a portfolio of projects while generating strong returns for investors.” Devon Cranson, Founder and President of Cranson Capital, added. In addition to Devon Cranson, the fund will be led by Anthony Heller, President & CEO of Plazacorp, one of Ontario’s foremost real estate developers. The Fund is also guided be an experienced Advisory Board of construction, finance, and real estate industry veterans.

Cranson Capital Real Estate Development Fund allows accredited, eligible, and non-eligible investors to participate in the Fund. Devon Cranson explains “the Cranson Capital Real Estate Development Fund is structured to give everyone the ability to participate directly or through their TFSA or RRSP accounts in order to earn strong returns over a long term. “

The closing of the Fund comes shortly after Ontario Premier Doug Ford announced a plan for changes to housing development legislature in an attempt to reduce the current housing shortage amid continued population growth. The Ford Administration announced the “More Homes, Built Faster Act”, set to go into effect in 2023, which would streamline the approval process and also reduce government charges for projects that meet specific criteria.

The Government of Canada recently announced a goal to add up to 500,000 permanents residents to the country per year by 2025; with 405,000 new permanent residents added to the country just in 2021. According to the Government of Ontario, Ontario is expected to grow by more than 2 million people over the next 10 years and will require 1.5 million homes to satisfy current and future housing demand. Investing in the Fund gives investors the opportunity to participate as equity partners in the creation of the much-needed new housing.

To learn more about the Cranson Capital Real Estate Development Fund, and other investment opportunities with Cranson Capital, please visit: www.cransoncapital.com.

About Cranson Capital

Cranson Capital is a boutique investment banking firm which focuses on providing financial and advisory services to small to medium sized growth businesses. The business consists of two divisions; Cranson Capital Securities and Cranson Capital Solutions, both of which offer unique services to support investors and entrepreneurs. Cranson Capital Securities is an Exempt Market Dealer that specializes in raising capital through private placements in real estate, growth companies and financial services. Cranson Capital Solutions is a corporate finance advisory firm which focuses on finding the right financing solutions for entrepreneurs. For more information visit: www.cransoncapital.com.

Disclaimers

This press release contains "forward-looking statements" including statements with respect to the Cranson Capital Real Estate Development Fund, potential returns and appreciation of land values. All forward-looking statements are based on current beliefs as well as various assumptions. By their very nature, forward-looking statements involve inherent risks and uncertainties. Readers should not rely on these forward-looking statements, as a number of important factors could cause the actual outcomes to differ materially. Neither The Real Estate Opportunities Fund nor Cranson Capital undertakes to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf The Real Estate Development Fund except as may be required by law. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of The Cranson Capital Real Estate Development Fund.