Overview
Robins Appleby’s Affordable and Social Housing Team assisted its client, Toronto Seniors Housing Corporation (“TSHC”), with the transition of the operational responsibility of Toronto Community Housing Corporation’s (“TCHC”) seniors portfolio to TSHC. The transaction involved the negotiation of a Transition Services Agreement for the transfer of the landlord function in 83 buildings. Concurrently, the Affordable and Social Housing Team assisted TSHC negotiate a Service Delivery Agreement with TCHC for the delivery of shared services between the entities. This transaction is a key step in supporting approximately 15,000 senior tenants through the City of Toronto’s Integrated Service Model, enabling senior tenants to age in place, have successful tenancies and enjoy a better quality of life. The transaction was led by Robins Appleby’s Affordable and Social Housing co-leads, John Fox and Ismail Ibrahim, who were assisted by associates Claudia Pedrero and Amelia Briggs-Morris.
Expertise
Representative Work
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| Affordable and Social Housing
The Empowering Purchase of 272 Caroline, Hamilton
When is a $5M acquisition of a residential apartment building a big deal? When its tenants purchase it.Robins Appleby acted for the tenants of 272 Caroline Street in Hamilton as they came together, fo... -
| Commercial Real Estate and Development
Robins Appleby Closed A $194M Deal in January 2022
Robins Appleby was involved in a major transaction which involved closing a deal in January 2022 for an aggregate sale price of $194,000,000. This deal was a collaboration between our R... -
| Business and Transactions
Business and Transactions Group - Key Partner in Client's Growth Strategy
The Robins Appleby Business & Transactions team, led by Jonathan Zepp, with Errol Tenenbaum (Tax) and Bradley Gould, assisted Kirkor Architects & Planners, its current partners ...