Crown Realty Partners

Crown Realty Partners

March 31, 2014 17:00 ET

Crown Realty Partners Announces Final Closing of CR III LP

TORONTO, ONTARIO--(Marketwired - March 31, 2014) - Crown Realty Partners ("Crown") announced its final and most recent close for its third value-add fund, Crown Realty III Limited Partnership (CR III LP). With this closing, the fund is fully subscribed with equity commitments totaling $165.5 million. CR III LP is co-invested by Canadian institutional investors and Crown partners. Consistent with its predecessor funds, it is focused on identifying value-add office investment opportunities across the Greater Toronto Area.

"Through the application of a practical, cost effective management approach for which Crown has become known, we can continue to successfully execute an array of investment strategies that assist in generating exceptional returns to our investors," said Michael Pittana, Founding Partner of Crown Realty Partners. "Our institutional investors value our previous track record."

About Crown Realty Partners

Founded in 2001, Crown Realty Partners is an integrated investment and management firm for commercial real estate. Crown is committed to generating exceptional returns for its investors while providing quality premises and excellent service to its tenants. Crown co-invests alongside the corporations, institutions, pension funds, and high net worth individuals that entrust it with their capital.

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