RioCan REIT, Allied Properties REIT and Diamondcorp Acquisition and Subsequent Redevelopment of 'The Well'
Goodmans LLP acted as counsel for RioCan REIT, Allied Properties REIT and Diamondcorp in connection with acquisition and development of “The Well” mixed use commercial/residential development and in connection with the disposition of the residential component of “The Well” to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP.
Goodmans has provided counsel on the subdivision, part lot control exemption, site plan agreement, development charge matters, and the implementing agreements.
The Well is a new, open and vibrant mixed-use community in downtown Toronto where people can live, work, and shop well. Spread over seven and a half acres and is a robust retail mix, dynamic amenities, premium office space, entertainment and cultural events. The Well will become a gathering place, reflecting the heart and soul of Toronto, inspiring us and improving our quality of life.
Featured Work
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Capital Markets
Brookfield announces offering of First Mortgage Bonds for Bay Adelaide Centre East and West
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Mergers and Acquisitions
Andlauer Healthcare Group to be acquired by UPS
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REITS and Income Securities
NexPoint Hospitality Trust acquired by NexPoint Diversified Real Estate Trust
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Restructuring
WeWork’s restructuring proceedings
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Aging and Health Care
Welltower winds down joint venture with Chartwell
Goodmans LLP acted for Welltower Inc. in connection to the winding down of its 11-year joint venture with Mississauga-based Chartwell Retirement Residences, which has seen them partner on the… -
Aging and Health Care
Welltower to acquire Amica Senior Lifestyles portfolio for $4.6 billion
Goodmans is advising Welltower Inc. in connection with its announced acquisition of a portfolio of senior housing communities from Amica Senior Lifestyles and Ontario Teachers' Pension Plan for…