MOHAWK ASSET MANAGEMENT CORP. ANNOUNCES PURCHASE OF VALUE-ADDED MEDICAL OFFICE BUILDING IN BUFFALO (EAST AMHERST), NEW YORK

MOHAWK ASSET MANAGEMENT CORP. ANNOUNCES PURCHASE OF VALUE-ADDED MEDICAL OFFICE BUILDING IN BUFFALO (EAST AMHERST), NEW YORK

TORONTO, 15 August 2024 /CNW/ – Mohawk Asset Management Corp. (“Mohawk”), a TorontoThe New York-based alternative asset management firm specializing in healthcare real estate today announced the formation of Mohawk Buffalo (East Amherst) Opportunity Partners (I) LP and the purchase of a 41,000 square meter medical office building in East Amherst, New York.

Mohawk Asset Management Corp. (CNW Group/Mohawk Asset Management Corp.)Mohawk Asset Management Corp. (CNW Group/Mohawk Asset Management Corp.)

Mohawk Asset Management Corp. (CNW Group/Mohawk Asset Management Corp.)

The capital increase was carried out as part of a brokered private placement led by Richardson Wealth Limited and supported by Canaccord Genuity Corp. Raymond James And Wellington-Altus.

This acquisition represents a continuation of the Mohawks cross-border investment platform called “Mohawk America” that invests in US healthcare real estate with growth potential and is syndicated to Canadian and US investors.

Mohawk Medical Management Corp. leverages its expertise in medical office building management to provide specialized professional management services to the building’s tenants and patients.

Source: Mohawk Asset Management Corp.

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