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InnVest Hotels Acquires 261-Room Luxury Downtown Toronto Hotel from JCF Capital to be Rebranded as The St. Regis Toronto
JCF Capital ULC | June 30, 2017
TORONTO, June 30, 2017 - InnVest Hotels LP ("InnVest Hotels") has acquired the tallest luxury hotel in Toronto from JCF Capital ULC ("JCF"). InnVest Hotels is a Canadian company that holds one of Canada's largest hotel portfolios. As part of the transaction, the 65-story, 261-room hotel will receive a significant renovation and a new name. "The acquisition of this landmark hotel is in line with InnVest's long-term business strategy of acquiring high quality luxury properties," said Matthew Cornell, Vice President Investments of InnVest Hotels. "This acquisition underscores InnVest Hotels' c...
JCF Capital and Trump Hotels Agree to Management Contract Buy-out for the Trump International Hotel and Tower Toronto
JCF Capital ULC | June 27, 2017
TORONTO, June 27, 2017 - JCF Capital ULC ("JCF") announced today that it has reached an agreement with Trump Hotels to buy out its management contracts for the Trump International Hotel and Tower Toronto. The Trump International Hotel and Tower Toronto is one of Toronto's premier, luxury hotels. "Collectively, Donald Trump Jr., Eric Trump, Eric Danziger and their team have been exceptional partners and we hope to have the pleasure of working with the Trump Organization again in the future," said Jay Wolf, President of JCF Capital. "We are pleased to have reached this agreement with JCF and have enjoyed our r...