Palace Arms Redevelopment
On October 3, 2023, Greenwin Corp. (“Greewin”) and Intentional Capital, announced that they entered into a joint venture with Windsor Private Capital Limited Partnership (“Windsor Private Capital)” to redevelop the historic Palace Arms Hotel, located at 950 King Street West in Toronto's vibrant King West community as a mixed-use residential housing project.
The Palace Arms is one of King West's most iconic landmarks. Built in 1890, conserving and rehabilitating the building's existing principal facades, includes its heritage brick masonry, window openings, variegated roof lines and masonry chimneys. The new development is expected to consist of one 14-storey tower totaling 219 rental units on a 15,000 square foot lot. With a mandate to meet the housing needs of a dynamic mix of renters, the development will incorporate a number of affordable suites.
Further information can be found on Canada Newswire’s website.
Windsor Private Capital is an asset management firm headquartered in Toronto, Ontario primarily focused on real estate lending and equity investments.
Greenwin is one of Ontario's largest privately-owned, full-service property management and development firms.
Intentional Capital is a privately owned, Toronto-based real estate company that specializes in providing much needed purpose-built multi-residential buildings.
The Torys team was led by Charlene Schafer (real estate).
Torys also acted on the following in connection with this project:

| Jurisdiction | Toronto |
| Province/State | Ontario |
| Country | Canada |
| Nature of Engagement | M&A, Real Estate |
| Client | Windsor Private Capital |
| Client Role | Project Owner, Equity Provider |