Firm Capital Property Trust closes $17.3 million Private Placement

August 16, 2019

On April 30, 2019 and May 1, 2019, Firm Capital Property Trust (“FCPT”) (TSXV: FCD.UN) announced the closings of a first tranche and a final tranche of a non-brokered private placement for gross proceeds of $17.3 million.

FCPT is focused on creating long-term value for unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders, FCPT’s plan is to own a diversified property portfolio of multi-residential, flex industrial, net lease convenience retail, and core service provider professional space.

Miller Thomson advised FCPT with respect to this financing with a team led by Lawrence Wilder (Capital Markets & Securities) and including Jonathan Tong (Capital Markets & Securities), Abid Ahmed and Victoria de Luna (Corporate/M&A).