Hazelview Investments has held a first close of the Hazelview Canadian Multi-Residential Fund VI, securing C$150 million ($106 million) in equity commitments from a strong lineup of leading Canadian investors. The investor group comprises a mix of Canadian institutional and private capital reflecting conviction in Hazelview Investments’ platform and in the long-term fundamentals of Canadian multi-residential real estate.
The fund is a closed-end, value-added, multi-residential vehicle targeting a diversified portfolio of rental residential assets across Canada’s most supply-constrained urban markets, with a focus on Ontario, Alberta, Quebec and Nova Scotia. With a seven-year investment horizon, the fund will deploy a disciplined investment strategy aligned with stakeholder objectives. A second closing is targeted for mid-2027.