333 Bay St, Suite 3400, Bay Adelaide Ctr, W Twr, Toronto, ON
Year called to bar: 1990
Partner. Ken’s practice focuses on commercial real estate with a particular emphasis on commercial real estate leasing, purchase and sale agreements and financings. In addition to office, retail and industrial leasing, Ken’s practice includes representing landlords, tenants, and lenders in negotiating and financing ground leases with extensive experience in student housing and entertainment venues. He has also worked on the real estate and leasing aspects of numerous retail insolvencies and restructurings. Significant REIT experience having been involved in the establishment, financing, and disposition of REITs. Recognized as a leading lawyer by Best Lawyers in Canada (real estate law and commercial leasing law), IFLR1000 (real estate finance and real estate acquisitions) and The Canadian Legal Lexpert Directory (property leasing).
On March 6, 2015, a landlord group led by Ivanhoé Cambridge Inc. and Oxford Properties Group completed a transaction involving the termination of leases at 11 properties that had previously been leased by Target Canada Co. (Target), owner and operator of shopping centers, and a unit of Target Corp., for $138 million.
On July 27, 2010, H&R Real Estate Investment Trust (“H&R REIT”) completed a bought deal financing pursuant to which it issued $100,000,000 aggregate principal amount of 5.90 per cent Series D convertible unsecured subordinated debentures due June 30, 2020.
On May 9, 2007, H&R Real Estate Investment Trust (H&R REIT) completed a bought deal financing pursuant to which it issued approximately 8.86 million trust units, including 0.86 million trust units issued pursuant to an over-allotment option, for total gross proceeds of approximately $224.2 million.
On November 8, 2006, H&R Real Estate Investment Trust completed a bought deal financing pursuant to which it issued 6.5 million trust units for total gross proceeds of approximately $150.5 million.
On March 16, 2005, H&R Real Estate Investment Trust (H&R REIT) completed a bought-deal financing pursuant to which it issued 5.25 million trust units for total gross proceeds of approximately $100.3 million.
H&R Real Estate Investment Trust completed, on December 9, 2003, a bought deal financing pursuant to which it issued 8.165 million trust units for total gross proceeds of approximately $126.5 million.
