MONTREAL, Nov. 15, 2016 /CNW Telbec/ - The Anges Québec network has reached an exciting milestone in its investment strategy. It is now welcoming proposals from budding and established real estate developers seeking capital and support.
This will address the needs of developers throughout Quebec looking for support on residential, commercial, and industrial projects between $5 and $25 million. It is mainly intended for those seeking to maximize their available equity while taking advantage of the organization's expertise.
This new real estate product—previously lacking in the industry—will make possible projects that would not otherwise have been conceivable due to a lack of equity. It will also provide a boost to an important economic sector for Quebec through the expertise and support of a strategic network consisting of 180 angel investors, 70% of which are already active in real estate and over 90% of which consider themselves stakeholders.
Anges Québec Real Estate: Backed by a seasoned team
To guide development of this new sector, network management has been entrusted to Pierre Ferland, an Anges Québec member since 2012 who from 2001 to 2015 served as president of Groupe Maestro, an organization created in partnership with Cadim, a real estate subsidiary of Caisse de dépôt et placement du Québec. Mr. Ferland has taken part in more than $3G worth of real estate transactions over the last 15 years.
Mr. Ferland will be assisted by Chantal Dalpé, who boasts 25 years of experience in real estate financing and investment with a variety of companies, including Laurentian Bank of Canada, Industrial Alliance, and Otéra Capital, a subsidiary of Caisse de dépôt et placement du Québec. Ms. Dalpé, who was named one of Quebec's top eight women business leaders by Premières en affaires magazine, also received the 2015 Mérite du CIQ award for her work with Ordre des administrateurs agréés du Québec.
"Our members welcome the addition of a real estate investment product, as it fits naturally with their interests and mission to support the emergence of projects that would not otherwise have been possible and whose performance outlook is in line with their objectives," said François Gilbert, president and CEO of Anges Québec.
Further to this launch, developers are invited to sign up for a series of Anges Québec information webinars to be held on the dates listed on www.angesquebec.com and in our newsletter.
About Anges Québec
Anges Québec is a network of 180 private investors that finds, finances, and coaches innovative Quebec companies with high growth potential. In this capacity, Anges Québec works with a number of key Quebec organizations interested in the development and growth of technological innovations. So far, Anges Québec members have invested and reinvested more than 120 times in more than 75 promising startup businesses.
Une version française est disponible en ligne au https://angesquebec.com/fr/nouvelles-activites/
SOURCE Anges Québec
For further information: Information and interviews : Marco Parent, 514-349-7778, [email protected]; Information for developers: Pierre Ferland, CPA, CA, Vice President, Real Estate, 514-909-6695, [email protected]