Skip to content
Strategic Actual Property Alliance Broadcasts Built-in Model, Nicola Blackwood Realty Advisors
Nicola Wealth

Nicola Wealth

Nicola Wealth Administration Ltd. expands specialised actual property experience via current partnership.

Vancouver, BC, March 30, 2023 (GLOBE NEWSWIRE) — After two profitable years of partnership, Nicola Wealth is re-branding Blackwood Companions Inc. as Nicola Blackwood Realty Advisors.

Nicola Wealth’s acquisition of Blackwood Companions in 2021 strengthened the agency’s dedication to constructing their institutional providing. With over $13.7 billion (CAD) of property underneath administration, Nicola Wealth affords a various vary of funding alternatives in private and non-private asset courses. Actual property, specifically, performs an vital position inside consumer portfolios via three evergreen open-ended actual property restricted partnerships run by the Nicola Wealth Actual Property (NWRE) group.

Nicola Blackwood Realty Advisors has a longtime group based mostly in Toronto with a good observe report courting again to 2000. This group gives actual property improvement and asset administration providers to institutional purchasers searching for direct funding alternatives in Canada.

“Nicola Wealth has two distinct actual property items, the Nicola Wealth Actual Property group and the newly re-branded Nicola Blackwood Realty Advisors group,” feedback Mark Hannah, Managing Director of Nicola Wealth Actual Property. “Every group will proceed to service their respective purchasers and funds. Nonetheless, there’s a distinctive alternative for collaboration to supply our purchasers with entry to a wider vary of asset courses in Canada and america.”

“We imagine the chance to supply sponsor co-investment will additional improve our skill to draw institutional purchasers who’re searching for purpose alignment with their advisor,” provides John Hayes, Managing Director of Nicola Blackwood Realty Advisors.

The Nicola Wealth Actual Property group (NWRE) and Nicola Blackwood Realty Advisors have already joined forces on a number of transactions. In 2021, NWRE entered a three way partnership with two of Nicola Blackwood Realty Advisors’ institutional purchasers to accumulate a big industrial improvement web site within the Higher Toronto Space that may accommodate 1.7 million sq. toes of prime industrial distribution area. Nicola Blackwood Realty Advisors will function the event supervisor on behalf of the co-owners of this undertaking.

“With the addition of Nicola Blackwood Realty Advisors, our absolutely built-in actual property platform additional underlines our dedication to rising our market presence,” says Mark Hannah. “The collaboration of the 2 actual property items will improve the entry to what we decide to be high quality property and to service our personal purchasers in addition to develop our institutional consumer base.”

About Nicola Blackwood Realty Advisors

Nicola Blackwood Realty Advisors, a totally owned subsidiary of Nicola Wealth Administration Ltd., gives actual property funding advisory, asset administration, and transaction administration providers to Canadian pension funds, international buyers, personal buyers and each private and non-private sector firms to help them in reaching their funding and company actual property aims. Go to nicolawealth.com/blackwood to be taught extra.

About Nicola Wealth Actual Property

NWRE is the in-house actual property group of Nicola Wealth, a Canadian monetary planning and funding agency with over $13.7 billion (CAD) of property underneath administration. NWRE is an skilled group that sources and manages a rising portfolio of properties in main markets throughout North America spanning a diversified vary of asset courses which embody industrial, multi-family rental house, workplace, self-storage, retail and seniors housing. The Nicola Wealth Actual Property portfolio now exceeds $8 billion (CAD) gross asset worth. Go to realestate.nicolawealth.com to be taught extra.

CONTACT: Victoria Emslie Nicola Wealth 604-484-1286 vemslie@nicolawealth.com

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *