Harlo Capital is a Toronto-based private equity company identifying and investing in real estate developments across Canada. We endeavour to deliver sustained, above market returns for our investors and partners by facilitating the flow of capital and knowledge to our co-developed projects.
Our management team has been involved in all aspects of the real estate development process and actively participates in the development management of all Harlo projects. This means that we are able to directly represent our investors' interests when crucial decisions are made throughout the course of any project.
We report to our investors in accordance with their specific requirements and on a consistent and timely basis. We make ourselves available to our investors at their convenience and ensure they have the information they need, when they need it. We acknowledge and embrace our role as fiduciaries.
Harlo's team possesses a wealth of real estate expertise, ranging from land acquisition, development management, and project financing to institutional real estate asset management.
Harlo Capital and a partner are re-developing a 1.05-acre church property to a mixed-use project that includes an approximately 312,000-sf, 44-storey, condominium and a place of worship. The site is well located in the bustling midtown community of Yonge and Eglinton. Community amenities include numerous parks, a community recreation facility, multiple schools, and countless restaurant, shopping, and entertainment opportunities. The Yonge and Eglinton transit station provides connectivity to the Yonge Subway, the soon-to-be-completed crosstown LRT, and many midtown bus routes. The project is currently finalizing approvals and preparing for sales launch.
Harlo Capital and partners identified an attractive investment opportunity and secured three parcels of land totaling ~0.37 acres, and improved with a 16,400-sf office building. The property is located in midtown Toronto in close proximity to the Yonge Street and St Clair Avenue intersection. The site is 20 meters from the St Clair subway station, in a revitalized office submarket, and walking distance from Rosedale, making it an attractive location for future homeowners. Upon successfully obtaining land use approvals to develop a 35-storey condominium, the partnership sold the property to a prominent residential developer in May 2022.
We achieved a 32.04% IRR and 2.13x Equity Multiple - May 2022.
Harlo Capital and a partner completed the construction of this 494-unit, 350,000 sf condominium project in January 2023. The building sits on a 0.8-acre property located in the heart of downtown Kitchener and is within walking distance to two light rail transit stations. During the land use approvals process, the partnership was able to obtain further density entitlements, which made it the tallest approved building in Kitchener at the time.
We achieved a 31.22% IRR and 2.91x Equity Multiple - January 2023.
Please visit dtkcondos.ca for more information.
Harlo Capital and a partner secured a 0.3-acre site situated at the northeast corner of Queen Street East and Mutual Street in downtown Toronto. The property is highly accessible to transit, located 450 meters east of the Queen Street Subway Station and serviced directly by the Queen Street streetcar route. Two of the existing buildings are designated heritage buildings. The partnership was successful in rezoning the property to permit a proposed new design with a pronounced heritage component to preserve the historical legacy of the neighbourhood. Construction began in the second quarter of 2022, with occupancy expected to commence in Q4 2025.
Please visit queencentral.ca for more information.