21 Avenue Road Investments Acquires Property Formerly Operated As the Four Seasons Hotel

21 Avenue Road Investments Inc., represented by its President, David Feldman, acquired the property at 21 Avenue Road in the Yorkville District of Toronto, formerly operated as the Four Seasons Hotel, for a purchase price of $142,500,000 from Kingdom Hotels (Toronto) Ltd.

21 Avenue Road Investments Inc. was represented on the acquisition by Bratty and Partners, LLP with a team led by Herbert Wisebrod, QC, and included Daniel Botelho and Renato Chiaradia.

Kingdom Hotels (Toronto) Ltd. was represented by James Klein of Stikeman Elliott LLP.

Acquisition financing was provided by a consortium of financial institutions led by HSBC Bank Canada, which was represented by a team from Blaney McMurtry LLP. The Blaney team was led by Robert Cohen, QC, and included Steven Jeffery and Roman Pekaruk.