Invest in the grey economy
Senior Tailored Apartments offer investors a unique chance to be part of a transformative development that elevates seniors’ living standards while offering attractive returns in this growing market.
Target Annual Return
Multifamily – Seniors
Target Fund Size
The hallmark of STA Minet’s Point Barrie lies in its sophisticated design and senior-centric features. Offering a selection of 327 meticulously crafted units, ranging from spacious one-bedrooms to elegant two-bedroom apartments, each residence is thoughtfully planned to foster comfort and ease of living. Equipped with senior-friendly fixtures, accessibility enhancements, and high-quality finishes, these units embody the pinnacle of refined living for the discerning senior resident.
Acknowledging the evolving needs of seniors, STA, as a Seniors Tailored Apartment, will engage with reputable third-party service providers to provide residents with a wide variety of optional service programs to help them prolong independence. The compassionate and professional staff is available round-the-clock to provide emergency response, thus alleviating the stress of living all alone.
STA Minet’s Point Barrie represents an outstanding investment opportunity in the thriving seniors housing sector, without the complexities and risks associated with traditional retirement residences. The Project’s prime location, sophisticated design, community-focused amenities, and comprehensive care services position it as a market leader. With a seasoned management team at the helm, STA Minet’s Point Barrie offers investors a unique chance to be part of a transformative development that elevates seniors living standards while promising attractive returns in this growing market.
Suske Capital, Gray Wave Advisory, and Core & Partners are pleased to present the opportunity to invest in the development of STA Minet’s Point Barrie (“STA” or the “Project”). STA is an innovative and purpose-built apartment complex designed exclusively for seniors seeking an active and vibrant community in the heart of Barrie, Ontario.
STA is a visionary seniors living development, set to redefine the landscape of seniors housing in the strong Barrie market. With an unwavering commitment to exceptional design, thoughtful amenities, and top-tier services, the Project endeavours to create an unparalleled living experience for seniors seeking independence, comfort, and community engagement.
By 2041, the population of Canadians 55 and over is projected to reach 16 million, or 36% of Canada’s projected population of 44 million.
A new alternative
Seniors Tailored Apartments represent a new alternative for the broader senior living market
With the ongoing trend of an aging population, STA is poised for long-term growth. The Project has ample space for a 56-unit condo building to be located to the south of the property (“Building 2”).
DIVERSE REVENUE STREAMS
STA offers diverse revenue streams, including rental income from the residential units and ongoing royalty income from the third-party service providers. This diversified approach enhances the investment’s stability without the complex, employee-intensive operations associated with licensed retirement homes.
FLOURISHING SENIORS HOUSING MARKET
The Project is strategically positioned to capitalize on the expanding Seniors Tailored Apartments market which targets the 80% of the 75+ cohort not living in traditional retirement homes or long-term care. The region’s aging population and increasing demand for upscale seniors living options present a lucrative investment opportunity.
EXPERIENCED MANAGEMENT TEAM
The success of the Project is bolstered by an experienced management team with a proven track record in real estate and seniors housing. Their expertise ensures efficient operations, superior service delivery, and a focus on meeting the unique needs of senior residents.
PRIME LOCATION AND ACCESSIBILITY
The Project’s prime location in Barrie offers excellent accessibility to essential amenities, healthcare facilities, retail centers, and public transportation. This strategic positioning enhances the Project’s value proposition for prospective residents and investors alike.
Investors will be funding soft costs associated with Pre Construction of the project. The contemplated liquidity event is planned to occur post-occupancy of the rental units.
OPEN FOR INVESTMENT
Mutual Fund Trust/ Limited Partnership
Renaissance Retirement Barrie GP Inc. (O/A STA Minet’s Point Barrie)
Core & Partners Inc.
15% Preferred Share per annum*
Up to 5% per annum
Accredited or Eligible Investors
Cash, RRSP, TFSA and LIRA
*Priority Accrued return based on the underlying project’s performance. See Offering Memorandum for details.
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