Canadian Press Releases
OTTAWA, ON, Aug 8, 2018- Minto Capital Management Inc. (“Minto Capital”) is pleased to announce an exciting new partnership with LaSalle Investment Management (“LaSalle”) in the ownership of Minto Place, its downtown Ottawa office complex. The transaction includes three office towers comprising 945,030 sq. ft. of leasable retail and office space and 1,055 parking stalls.
OTTAWA, ON, July 16, 2018 – Minto Capital Management Inc. (“Minto Capital”) is pleased to announce the acquisition and renewal of Manor Village in Ottawa, Ontario by Minto Canadian Real Estate Value-Add Fund, LP (“Fund II”), Minto Capital’s opportunistic private equity fund targeting multi-residential assets and ancillary retail across Canada’s major cities.
Toronto, ON - July 10, 2018 – Minto Apartment REIT (TSX: MI.UN) and Minto Properties Inc. announced today, in connection with the REIT’s recently completed an initial public offering of 13,794,000 trust units at a price of $14.50 per unit, that the over-allotment option granted to the underwriters to purchase up to 2,069,100 additional units was exercised in full, generating additional gross proceeds to the REIT of $30,001,950.
Toronto, ON - July 3, 2018 – Minto Apartment REIT (TSX: MI.UN) and Minto Properties Inc. announced today that the REIT has completed its initial public offering of 13,794,000 trust units at a price of $14.50 per unit. The offering raised gross proceeds of $200,013,000, and units will begin trading on the Toronto Stock Exchange today under the symbol “MI.UN”.
Toronto, ON - June 22, 2018 – Minto Apartment REIT and Minto Properties announced today that the REIT has filed, and obtained a receipt for, a final long-form prospectus with the securities regulatory authorities in each of the provinces and territories in Canada for an initial public offering of 13,794,000 trust units. The units will be issued at a price of $14.50 per unit and are expected to provide unitholders with an initial annual cash distribution yield of 2.83%.
Ottawa, ON - June 8, 2018 - Minto Properties Inc. and Minto Apartment REIT announced that it has filed an amended and restated preliminary prospectus in respect of the REIT’s previously announced initial public offering of trust units of the REIT. The number of Units to be sold and the price per Unit have not yet been determined.
Ottawa, ON – May 23, 2018 – Minto Properties Inc. and Minto Apartment Real Estate Investment Trust announced today the filing and receipt of a preliminary prospectus in respect of the REIT’s initial public offering of trust units of the REIT. Minto Properties is a fully integrated real estate enterprise with expertise in asset management, property management, investment transactions, development, financing and all related support functions.
Toronto, ON – May 14, 2018 – Minto Properties Inc. is unveiling its full scale renovation currently underway at 61 Yorkville Avenue in Toronto, Ontario. With an investment of $19MM, renovation plans come complete with spacious, open concept units and upgraded amenity space. The property provides short and long-term rentals in furnished and unfurnished suites, attractive to local and international residents alike.
Toronto, ON – May 10, 2018 – Minto Capital is pleased to announce an exciting new venture – the construction of a purpose-built rental tower at 39 Niagara Street (“the Project”) in Toronto. 39 Niagara is a residential rental development located at the northeast corner of Bathurst and Front Streets in the popular and growing Downtown West district of Toronto.
Ottawa, ON – April 24, 2018 – Minto Properties Inc. is pleased to announce a full scale renovation of The James and The Gilmour – two high-rise apartment buildings located in the Centretown neighborhood in Ottawa, Ontario. Now underway, plans include a complete re-imagination of the properties from inside and out, top to bottom, with expected completion in 2018.
Toronto, ON – April 18, 2018 – Minto Capital is proud to announce the release of 1235 Marlborough, a purpose-built rental building in Oakville, Ontario. The 14-storey building, comprised of 144 units and state of the art amenities is a rental apartment building in a prime location – College Park neighbourhood at Trafalgar and Upper Middle Road. The new, pet-friendly building will be perfect for young students, young professionals and families.
Toronto, ON – April 5, 2018 – Agnieszka Wloch, Vice President of Development at Minto Communities Canada, will be speaking on the “Invest in Change” panel at the Green Living Show in Toronto on April 6th at 3:30PM alongside Tim Nash of The Sustainable Economist. Moderator David McConnachie, will speak about the simple and easy first steps of working towards helping to save the planet from the negative impacts of climate change.
Ottawa, ON – December 1, 2017 – Minto Properties Inc. was honoured with the Amenities Award of Excellence and the Customer Service Award of Excellence yesterday evening at the Marketing, Achievement and Construction (MAC) Awards presented by the Federation of Rental-housing Providers of Ontario (FRPO). The industry awards celebrate business leadership in the residential housing industry.
Ottawa, ON – June 8, 2017 – Minto Capital is proud to announce the acquisition of 2777 Kipling Avenue in Toronto, Ontario by Minto Canadian Real Estate Value-Add Fund, LP, Minto Capital’s opportunistic private equity fund targeting multi-residential assets and ancillary retail across Canada's major cities. The purchase of Kipling marks the sixth acquisition for Fund II, which launched in January 2015.
Ottawa, ON – May 8, 2017 – Minto Capital announced the acquisition of Radisson Place in Calgary, Alberta by Minto Canadian Real Estate Value-Add Fund, LP, Minto Capital’s opportunistic private equity fund targeting multi-residential assets and ancillary retail across Canada's major cities. Radisson Place is a 12-storey multi-residential building east of downtown Calgary, complete with 11,400 square feet of commercial space.
Ottawa, ON – May 1, 2017 – Minto Capital is pleased to announce an exciting new partnership with Investors Real Property Fund in the ownership of Minto Place, its downtown Ottawa office complex. The transaction includes three office towers comprising 945,030 sq. ft. of leasable retail and office space and 1,055 parking stalls. Minto will maintain a 50% ownership of Minto Place with Investors Group owning the other 50%.
Toronto, ON – December 2, 2016 – Minto Properties Inc. was honoured for Community Service Excellence last evening at the Marketing, Achievement and Construction (MAC) Awards presented by the Federation of Rental-housing Providers of Ontario (FRPO). The industry awards, which celebrate business leadership in the residential housing industry, also presented the company with the award for Certified Rental Building Member Company of the Year.
Ottawa, ON – November 24, 2016 – The Ottawa 2017 Bureau and Mayor Jim Watson, in collaboration with lead partner CIBC, are pleased to welcome The Minto Group as a Supporting Partner for Canada’s 150th anniversary celebrations in Ottawa. The property management company will provide financial support, office and storage space, the use of audio-visual equipment, as well as marketing support to the team organizing the event.
Ottawa, ON – April 4, 2016 – The Minto Group is proud to announce that its Minto Place complex has achieved LEED® Canada for Existing Buildings: Operations and Maintenance (LEED EB) Silver Certification, as recognized by the Canada Green Building Council. Built in 1988, Minto Place spans a city block, extending west from Kent Street to Lyon Street and south from Slater Street to Laurier Avenue.
Ottawa, ON – February 26, 2016 — The Minto Group was again honoured for its commitment to energy efficiency and creating better places through its sustainability practices at the 2015 EnerQuality Awards Gala held yesterday in Toronto. Consistent dedication to designing and building high performing, comfortable and efficient new homes for its customers earned Minto the Ontario Green Builder of the Year award.
Ottawa, ON – December 4, 2015 – The Minto Group’s Alan and Roger Greenberg were honoured for their contributions to the Ontario rental industry with a Lifetime Achievement Award at the Federation of Rental-housing Providers of Ontario’s (FRPO) MAC Awards Gala on Thursday, December 3rd. The gala celebrates business leadership in the residential housing industry.
Ottawa, ON – December 3, 2015 – Minto Communities Canada is proud to introduce its Net Zero Energy Ready (NZEr) home in Kanata’s Arcadia community. Minto brings its NZEr offering to Ottawa home buyers with The Killarney, as one of four newly designed show homes. Projecting a 65% reduction in total home energy consumption, the NZEr Killarney is positioned to further offset remaining energy use with the option to add solar panels post purchase.
Ottawa, ON – October 12, 2015 – Minto Communities Canada will unveil four new designer-decorated show homes in its Arcadia community, as part of Minto’s line-up of single family homes. The newly designed show homes, in keeping with Minto’s vision to build homes that suit the needs of families today, are available on 30, 36 and 43’ lots across Minto communities in Ottawa.
Ottawa, ON – July 22, 2015 – Minto Communities Canada is excited to announce the construction of five of the most energy efficient homes in Canada, now within reach for the average homebuyer. With support from Natural Resources Canada’s ecoENERGY Innovation Initiative (ecoEII), Minto is investing in this initiative with leading residential experts in building science and energy efficiency to plan, design, and construct five zero energy homes.
Ottawa, ON – April 22, 2015 – Quinn’s Pointe, Minto Communities Canada’s newest community in the Ottawa area, will be opening its sales office to the public this Saturday, April 25 with over 800 pre-registered homebuyers. Named after the Quinn family, who first settled in the area of Barnsdale and Prince of Wales, Quinn’s Pointe represents the heritage of many Irish settlers who first developed land in what is today known as Barrhaven South.
Ottawa, ON – February 20, 2015 – The Minto Group was once again honoured for energy efficiency and sustainability at the 2014 EnerQuality Awards Gala. Minto is proud to be recognized for its commitment to building high performing homes, winning a total of 3 awards, including ENERGY STAR® for New Homes Builder of the Year (large volume), Best Green Marketing Campaign, and Ontario Green Builder of the Year - for the third time.
Ottawa, ON – February 6, 2015 – Today, Minto Communities Canada's christened its new Stittsville community, Potter’s Key, in honour of Mrs. Ethel May Potter who owned the two-acre lot at 209 Carp Road almost 60 years ago. The contest winner said that when her parents bought their house at 209 Carp Road in 1957, from a woman named Mrs. Potter, it was a moment of pride for her family.
Ottawa, ON – October 21, 2014 – Minto Avalon Encore, Minto Communities Canada's newest community in Orleans, welcomed eager home buyers with brisk sales at the community's weekend grand opening. Keen home buyers lined up in the early morning hours to secure their first choice of lots and home designs, marking the third time in as many months that purchasers have lined up in anticipation of a Minto Communities launch.
Ottawa, ON – September 24, 2014 – The Minto Group stood out amongst a respected group of industry peers to win the Ontario Home Builder of the Year Award at the Ontario Home Builders’ Association (OHBA) Annual Awards of Distinction dinner held at the Ottawa Convention Centre. The prestigious industry award recognizes outstanding professionalism and integrity within the business, industry and community.
Ottawa, ON – February 18, 2014 – Minto Properties Inc. announced its decision to narrow the company's hospitality focus, and accordingly will transition the Minto Suite Hotel to a premium unfurnished and furnished rental property commencing April 2014. The re-positioning of the award-winning property, which opened its doors 25 years ago, marks a strategic shift to provide greater alignment with the company's growth strategy.
Ottawa, ON – 2013 – Minto Properties Inc.'s Minto Richgrove Affordable Seniors Housing, located at 620 Martin Grove Road in Toronto, has achieved Leadership in Energy and Environmental Design (LEED®) Gold certification from the Canada Green Building Council (CaGBC). Constructed in 2011, Minto Richgrove Seniors Affordable Housing is an innovative rental property that supports more environmentally-friendly living in a dynamic community setting.
Ottawa, ON – October 1, 2013 – In connection with its funding campaign for the Trades Institute of La Cité collégiale, the La Cité Collégiale Foundation is proud of its partnership with Minto Communities Canada. Today Minto delivered its fifth payment of $100,000 under a 10-year agreement to give $1M to La Cité collégiale Foundation for the Minto Trade Centre – Alphonse-Desjardins campus.
Ottawa, ON – July 5, 2013 – It was 25 years ago that The Minto Group's Minto Suite Hotel first opened its doors. Real estate icon Irving Greenberg travelled to some of the most prestigious all-suite hotels in the world in order to research the best designs, staying in as many as four hotels per week. This dedication to the creation of a unique property - long before boutique hotels were the 'in' thing - has ensured the hotel's continued success.
Ottawa, ON – 2013 – The Minto Group's new recreation complex under construction in Barrhaven South is now officially named the Minto Recreation Complex – Barrhaven. The name was unveiled by Mayor Jim Watson, Councillor Mark Taylor and ward Councillor Jan Harder at the latest sponsorship announcement under the City’s Community Champions program. Roger Greenberg of Minto was recognized with a Certificate of Recognition in the Leader Category.
Ottawa, ON – May 9, 2013 – As a result of the organization’s long history of building more sustainable homes and communities, The Minto Group has been selected as one of five building partners in Natural Resources Canada’s (NRCan) ecoENERGY Innovation Initiative.. With ecoEII financial support, Minto will work with leading residential experts in building science and energy efficiency to plan, design, and construct five zero energy homes.
Toronto, ON – April 29, 2013 – The Minto Group was named Green Builder of the Year (Low-Rise) by the BILD (Building Industry and Land Development) Association of the Greater Toronto Area. Each year, BILD presents the local home building industry's most prestigious awards to those organizations who demonstrate home building excellence, after receiving hundreds of entries in categories ranging from architecture to sustainable design.
Ottawa, ON – February 22, 2013 – At EQ’s annual Awards of Excellence, The Minto Group was named both the 2012 Leader of the Year and Ontario Green Builder of the Year for the second year in a row by EnerQuality, Canada’s foremost provider of green building services. The awards were announced at the Village of Blue Mountain Conference Centre in Collingwood as part of the 2013 Builder and Renovator Forum.
Ottawa, ON – December 21, 2012 – The Minto Group continued its stellar streak of third-party recognition for its commitment to green building after achieving Leadership in Energy and Environmental Design (LEED) certifications for five more of its developments in 2012. Awarded by the Canada Green Building Council, LEED® is an internationally recognized third party verification program for more sustainable building and energy performance.
Ottawa, ON – December 5, 2012 – Minto Properties Inc. announced that it has closed on the purchase of a multi-residential and commercial real estate portfolio in the Nepean community of Craig Henry. Included in the private sale are 134 residential rental units in two low-rise apartment buildings, 369 townhomes and 21,779 sq ft of office/retail space. These assets are joining a portfolio owned by Minto Multi-residential Income Partners 1, LP.
Ottawa, ON – December 4, 2012 – Minto Properties Inc. has earned four prestigious industry accolades at the 2012 Federation of Rental-housing Providers of Ontario (FRPO) MAC (Marketing, Achievement and Construction) Awards and was also named finalist in two other categories. Every year FRPO members come together at the annual Awards Gala Dinner to celebrate leadership in the residential rental housing industry.
Ottawa, ON – November 13, 2012 – Following an outstanding year of recognition for its building design and operational excellence, The Minto Group’s 180 Kent Street – has now achieved Leadership in Energy and Environmental Design Platinum Core and Shell certification by the Canada Green Building Council. This highest standard in LEED certification makes the 20-storey commercial building the first LEED® Platinum Core and Shell office tower in Canada.
Toronto, ON – September 25, 2012 – The Minto Group was awarded the Ontario Home Builder of the Year Award at the Ontario Home Builders’ Association Annual Awards of Distinction dinner. Minto was also awarded Most Outstanding High or Mid Rise Condo Suite for 88 Sheppard’s “Bamboo Suite.” The Home Builder of the Year Award is presented to the home builder who best demonstrates outstanding professionalism and integrity within their business, industry and community.
Calgary, AB – September 19, 2012 – Minto Properties Inc. has acquired its first residential rental property outside of Ontario, adding three Calgary rental communities to its portfolio. Totaling 752 units, the acquisition includes: Applewood Village, consisting of 378 suites; Glenmore Estates, with 193 suites; and Woodlands Manor, comprised of four low-rise buildings with 181 units and 17 town homes in two blocks.
Ottawa, ON – September 18, 2012 – Following a comprehensive review of it’s environmental practices, The Minto Group's Minto Suite Hotel has received the highest 5 Key Eco-Rating from the Hotel Association’s Green Key Eco-Rating program. The rating is given to a hotel that exemplifies the highest standards of environmental and social responsibility throughout all areas of operations.
Ottawa, ON – September 14, 2012 – The Minto Group’s 180 Kent Street office tower has been named Canada’s Outstanding Building of the Year (TOBY®) by the Building Owners and Management Association of Canada (BOMA). This prestigious honour recognizes the utmost quality in commercial real estate buildings and rewards excellence in building management.
Ottawa, ON – May 10, 2012 – The Minto Group’s 180 Kent Street office tower was named The Outstanding Building of the Year by the Ottawa chapter of the Building Owners and Management Association. This prestigious honour recognizes the utmost quality in commercial real estate buildings and rewards excellence in building management. The award also signifies Minto’s invitation to participate in BOMA Canada’s National TOBY® Awards.
ON – 2012 – Minto Communities Canada is named as leader in two prestigious categories by EnerQuality, Canada’s foremost provider of green building services. Minto Communities Inc. was awarded the two highest honours at last week’s EnerQuality Awards of Excellence, 2011 Green Builder of the Year and 2011 Leader of the Year. The organization congratulated Minto’s vast achievements in green building.
Ottawa, ON – January 26, 2012 – The Minto Group’s 180 Kent Street office tower became the first and only building in Ottawa to receive the Building Owners and Managers Association of Canada (BOMA) Building Environmental Standards (BESt) Level 4 certification – BOMA’s highest level of recognition for excellence in environmental best practices within the commercial building industry.
ON – 2011 – Minto Properties Inc. has earned two prestigious industry accolades at the 2011 Federation of Rental-housing Providers of Ontario (FRPO) MAC (Marketing, Achievement and Construction) Awards and was also named finalist in four other categories. Every year FRPO members come together, at the annual Awards Gala Dinner, to celebrate businesses and individuals who are leaders in the residential rental housing industry.
Waterloo, ON – November 17, 2011 – The Minto Group announced today it has donated $1 million to the University of Waterloo’s newest building in the faculty of environment, Environment 3. Every year FRPO members come together, at the annual Awards Gala Dinner, to celebrate businesses and individuals who are leaders in the residential rental housing industry.
Ottawa, ON – November 10, 2011 – The University of Ottawa announced today that its Sports Complex, located at 801 King Edward Avenue, has been named the Minto Sports Complex in recognition of The Minto Group’s $2.5 million contribution to the uOttawa community. Part of this gift included facilitating the acquisition of the land where the Desmarais Building now stands.
Ottawa, ON – September 27, 2011 – The Minto Group has once again been awarded the prestigious GREEN Builder of the Year award by the Ontario Home Builders’ Association. The award is presented to a company that continuously exhibits environmentally-friendly building designs and techniques, leading-edge waste management strategies, an exemplary internal green culture and support of the sustainable building industry.
Ottawa, ON – May 19, 2011 – As one of Canada’s most established green homebuilders, The Minto Group has been applauded by the Canadian Secretariat for the Asia Pacific Partnership (APP) on Clean Development and Climate for its significant role in the Canada-led Zero Energy Housing project. The APP was a public-private partnership of seven countries – Canada, Australia, China, India, Japan, South Korea, and the United States.
ON – 2011 – At a time when the housing market and many homebuilders have been struggling, the Canadian-based Minto Communities has been expanding operations into Florida's west coast, according to Michael Belmont, president. Beginning with its acquisition of Harbour Isle in July 2009 and its recent acquisition Sun City Center, Minto Communities has become a formidable presence in the Tampa Bay housing market.
Ottawa, ON – April 29, 2011 – The recently released “Green 30” list identifies Canadian organizations, including The Minto Group, that have received high scores from their employees on their company’s environmental stewardship. The list details employers whose environmental strategies, activities and consideration of long and short-term environmental effects during their decision-making are recognized and supported by their employees.
Ottawa, ON – March 1, 2011 – The Minto Group made history closing on the single largest real estate transaction that London, Ontario has ever seen. The acquisition added 2,326 residential rental units in 13 apartment buildings, the 158,000 square foot Cherryhill Village Mall and the nearby 31,000 square foot medical building to Minto’s already substantial portfolio all at once.
ON – 2010 – The Minto Group has been named Ontario GREEN Builder of the Year by the Ontario Home Builders’ Association. Minto also received the prestigious award in 2008. “The 2010 Ontario GREEN Builder of the Year was presented to Minto Group of Ottawa/Toronto who clearly demonstrated that it is possible to take an enthusiastic environmental approach and apply it to all facets of their company.” OHBA press release.
ON – 2010 – The Minto Group's Minto Suite Hotel was honored with the Green Leadership award from Hotelier Magazine’s Top 100 Awards. The Green Leadership award is presented annually to recognize outstanding environmental excellence and innovation within Canada’s hospitality industry. Initiatives like the free Bike Share program, green committees, and outstanding energy savings, prove that Minto Suite Hotel is leading the way.
ON – 2010 – The Minto Group was honored as a finalist of the Corporate Environmental Excellence award presented by the GLOBE foundation. The GLOBE awards for Environmental Excellence are presented annually to extraordinary companies and industry groups who have managed to balance competitive business strategies and sustainable development. Previously, Minto was a finalist in the award category for Excellence in Urban Sustainability in 2006.