Sovereign Properties and Invest Capital Group have secured a $69.57 million bridge loan to refinance the first phase of Atlantica at Town Center, a 360-unit apartment complex in Davenport, Fla., a suburb of Orlando.

Timbercreek Alternatives will provide opportunities to invest directly in commercial real estate in partnership with its network of operators. These will be first offered to investors in the Timbercreek Real Estate Opportunities Fund LP, which will invest in private equity and debt, secondary privates and special situations focused on value-add commercial real estate opportunities in Canada.

TORONTO, ON - April 15, 2024 – Timbercreek Capital, one of Canada’s leading alternative asset class investment managers, today announced the addition of Fraser McEwen to the company’s leadership team in his newly created role as President, Timbercreek Alternatives.