Jesta Group, a family-owned Canadian-based global real estate firm with four decades of investment experience across Montreal, New York, London, Paris, Miami and the Mediterranean, today announced the acquisition of a bulk condominium portfolio in Toronto valued at $30 million. The transaction — one of the first of its kind in the city — marks Jesta Group’s entry into the Toronto residential market and the launch of a $500 million acquisition program targeting more than 1,000 condominium units over the next 12 months.
The acquired portfolio is located in one of downtown Toronto’s most sought-after urban corridors, steps from Toronto Metropolitan University and walking distance to transit, shopping and recreation. Jesta Group is actively pursuing additional bulk acquisitions of existing developer condominium inventory across high-quality downtown Toronto locations, partnering with select family offices and institutional investors to execute this strategy at scale. The transaction was brokered by Jeff Lever of Cushman & Wakefield.
“Toronto’s fundamentals remain strong and the current market environment has created a unique window to deploy capital at scale,” said Anthony O’Brien, Senior Managing Director at Jesta Group. “We are aggressively pursuing opportunities that fit this investment ethos and encourage developers with qualifying inventory to reach out directly.”
“Jesta Group is moving early and decisively in what we expect to become a significantly more active segment of the Toronto market,” said Jeff Lever, Executive Vice President, Cushman & Wakefield. “Jesta’s $500 million commitment signals serious and sustained capital deployment in this city.”
Jesta Group’s 12-month pipeline represents one of the largest single-firm bulk residential acquisition commitments the Toronto market has seen. Developers with qualifying inventory are encouraged to make direct contact.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260511532803/en/
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