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CCI News & Announcements

CCI Corpfin Capital/McCOR Provides Expertise During Winnipeg Real Estate Forum

A principal of CCI Corpfin Capital/McCOR, Luc Corneli, was invited to participate in the Winnipeg Real Estate Forum held April 25 and 26; a forum designed to meet the information and networking needs of the real estate community and its affiliates. Bringing over 35 years of experience and vision of secondary markets, CCI Corpfin Capital/McCOR presented on Investor Interest in Winnipeg; who wants to increase their presence in the City? Is 2022 the Story of a Strong Rebound?

The panel was moderated by Martin McGarry and the panelists were Brian Bastable - Managing Director, Slate, Luc Corneli – Principal, CCI Corpfin Capital/McCOR, Fabricio Mendes –SVP, LS Properties, and Mark O’Brian - Managing Director, PROREIT

When CCI Corpfin Capital/McCOR is engaged to advise or manage a property, they bring a wealth of knowledge from their seasoned team. In addition, direct access to senior management, including the principals, provides the benefits of their expertise and sharing of industry practises and market trends to help realize the full potential of your property.

Hannah Whittingham
New Investment in Caliber Investments LP (“Caliber”)

CCI Corpfin Capital Inc. is pleased to report that they have closed on a $400,000 cash investment in Caliber Investments LP from it’s CCI Corpfin Capital Special Opportunity Fund 1 LP.  This equates to about 10% of the outstanding units of Caliber Investments LP. This allows a direct investment in the portfolio of three retail assets totaling 252,000 square feet, two of which were closed on December 31, 2021 with one more asset expected to close in the first quarter of 2022. 

McCOR Management was crucial to our interest in investing in this portfolio as they sourced, underwrote and found the partnership investors for the transaction. The Fund is pleased with this acquisition which will produce superior returns as leases come due over the next few years and won't require the same heavy lifting that some of the other value add properties that CCI has been involved with. 

CCI continues to work on another major transaction, reviewing an LOI that will be submitted on a significant shopping center asset which CCI has identified and of which McCOR have found a suitable Partner for CCI. We expect to have an offer out in January 2022 and hopefully an acceptance on our final underwriting expectations. 

For more information about acquisitions and development for CCI Corpfin Capital, please contact: 

Gord Wiebe, CEO & Principal 

(403) 923-4343 

gwiebe@corpfincapital.ca

Hannah Whittingham