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Franc & Co Announces Expansion of Team to Support Company’s Growth

·4 min read

TORONTO, December 01, 2021--(BUSINESS WIRE)--Toronto-based boutique commercial real estate brokerage and investment firm, Franc & Co, is announcing three new hires to the team to help support increased demand for its services. The company is expected to continue to grow its offerings and scale into the new year after closing a dozen transactions totalling over $90 million in the five months since its launch this past July, with another $135 million slated for funding in the next few months.

Most recently, Franc & Co secured financing on a $12 million acquisition for an industrial asset in Scarborough, Ontario. The firm facilitated this transaction from origination to funding in 12 business days, an exceptional feat in the industry. The development team for the Scarborough project intends to create value on the asset by utilizing the existing zoning and rebuilding commercial-industrial condominiums.

"With the continued interest in industrial assets in the Greater Toronto Area and across North America, we are seeing more opportunities in the small bay sector, catering to end-users and requiring the condominiumization of industrial units for sale to both end-users and to investors leasing to small businesses," says Franc & Co Principal Broker and Founder, Francesco Margani. "The GTA’s industrial sector has seen significant growth this year with 12 month absorption levels up 65 per cent over the five year annual average," adds Margani.

Franc & Co seeks to continue growing its production volume in 2022 across multiple asset classes. The company has set an ambitious goal of enhancing its offering to clients with additional proprietary capital for lending on commercial real estate. With access to multiple sources of capital from across the country, the firm is positioned to create customized solutions for asset owners and developers to meet their individual financing needs.

Expanding the company’s capabilities as market demand for timely and bespoke capital solutions trends upwards, experienced mortgage professionals David Gwilliams, Jay Brennan and James Tobias have joined the Franc & Co team with a combined 50+ years of industry experience to leverage the company’s ability to deliver custom-tailored strategic financial solutions to clients across a broader platform.

Associate Director of Franc & Co, Gwilliams brings over a decade of commercial real estate underwriting and management expertise with a keen specialization in development and construction financing to the firm. Prior to his current role, Gwilliams was an advisor at one of Canada’s largest independent mortgage finance companies with over $140 billion in assets under management.

Tobias and Brennan join the firm as Senior Commercial Mortgage Advisor and Broker respectively. Tobias was formerly a Senior Director at one of Canada’s largest private mortgage finance companies, where his broad spectrum of real estate lending and relationship experience delivered construction loans ranging from $1 million to $350 million. Tobias specializes in all residential land, servicing, construction and inventory debt underwriting and lending, in addition to loan syndication.

As a former banker and mortgage broker at a national brokerage, Brennan has built his experience around both residential and commercial mortgages, specializing in the sourcing of private debt for both investors and borrowers. Brennan brings a wealth of knowledge and experience in mortgage borrowing and lending to the firm.

"David, Jay and James are welcome additions to our growing and dynamic team. With their extensive industry experience, their inclusion represents an exciting milestone as we enter a new growth phase allowing Franc & Co to increase the scale of our offerings with a continued and committed focus on the custom-tailored quality of our services," says Margani.

For more information on Franc & Co, visit francandco.com

About Franc & Co

Franc & Co is a boutique commercial real estate brokerage and investment firm that specializes in tailor-made debt and equity financing solutions for a broad range of industry players, including developers, lenders and investors. With decades of experience, Franc & Co’s seasoned team of real estate capital experts brings deep knowledge and financial expertise to every transaction. The firm’s focus is on building and maintaining long-term relationships by maximizing value and realizing the market potential for its diverse clients. For more information, visit francandco.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20211201005190/en/

Contacts

Media Contacts:
Gea Koleva
Marketing & Strategic Communications Specialist
McOuat Partnership
Cell: 416-702-1223
T: 905-472-2000 ext 247
gea@partnership.ca

Rachel Rogers
Public Relations Specialist
McOuat Partnership
Cell: 416-984-5524
rachel@partnership.ca

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