Hazelview Investments has raised an initial C$150m (€93.2m) for its latest Canadian multi-residential fund, securing commitments from a mix of domestic institutional and private capital.
The Hazelview Canadian Multi-Residential Fund VI vehicle, which targets a second closing in mid-2027, is a closed-end, value-add vehicle with a seven-year life.
The fund will target a diversified portfolio of rental residential assets across Canada’s most supply-constrained urban markets, with a focus on Ontario, Alberta, Quebec and Nova Scotia.
Michael Tsourounis, co-CEO and CIO private real estate, Hazelview Investments, said: “Hazelview’s edge is our ability to create value across the full investment lifecycle.
“Our integrated platform spanning investment management, development, and property operations gives us the control, insight, and execution capability to create value at every stage of ownership, not just manage it. In a market like this, that advantage matters.”
Ali Katz, managing partner and head of capital partnerships, Hazelview Investments, said: “This first close reflects the trust that leading investors place in Hazelview as a long-term partner in multi-residential real estate.”
To read the latest IPE Real Assets magazine click here.
