Douglas J. Klaassen
Douglas J. Klaassen
(416) 869-5271
(416) 947-0866
199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1987 (ON)
Douglas Klaassen is a partner in the Real Estate Group of the Toronto office. His practice focuses on commercial real property and leasing, commercial mortgage lending, securitization, structured finance and private equity funds. Doug acts for commercial property owners, landlords, commercial and residential mortgage lenders, aggregators, servicers, CMBS and ABS issuers, investors, underwriters and rating agencies based in Canada and the United States. Doug is a member of the American College of Mortgage Attorneys.
Douglas J. Klaassen is a featured Leading Lawyer in:
Canadian Legal Lexpert Directory
Repeatedly Recommended
Canadian Legal Lexpert Directory
Repeatedly Recommended
Canadian Legal Lexpert Directory
Repeatedly Recommended
Read more about Douglas J. Klaassen in ...
On December 6, 2017, Hudson’s Bay Company (HBC) completed the US$500 million equity investment by Rhône Capital (Rhône) in the form of 8-year mandatory convertible preferred shares, the sale of the Lord & Taylor Fifth Avenue Flagship Building to WeWork in a transaction valued at US$850 million, and a series of strategic transactions, including agreements to lease retail space within select HBC department stores.
On September 30, 2015, Hudson’s Bay Company successfully completed the previously announced acquisition of GALERIA Holding, the parent company of Germany’s leading department store GALERIA Kaufhof and Belgium’s only department store, Galeria INNO, for an enterprise value of $3.8 billion.
Dream Hard Asset Alternatives Trust (Dream Alternatives) completed its initial public offering with the issuance of 72,617,739 units to ROI Canadian High Income Mortgage Fund, ROI Canadian Mortgage Income Fund, ROI Canadian Real Estate Fund and ROI Institutional Private Placement Fund (ROI Funds), which were then distributed to the unitholders of the ROI Funds, and the issuance of 1 million units to Return On Innovation Advisors Ltd. (ROI Capital), all pursuant to a prospectus of Dream Alternatives dated July 4, 2014.