Fiera Capital and the Canadian District of the United Brotherhood of Carpenters and Joiners of America have launched an $800-million infrastructure and real estate investment platform.
The initial funding commitments will be split evenly between infrastructure and real estate, with a goal of surpassing $1 billion in assets within three years. The platform is designed to deliver stable returns while generating long-term jobs for the union’s members, with all projects built using unionized labour.
Fiera Infrastructure will oversee investments in social and civil infrastructure, transportation and renewable energy, while Fiera Real Estate will manage urban, multi-residential and industrial projects. Investments will prioritize greenfield developments in housing and essential public infrastructure.
Headquartered in Montreal, Fiera Capital is a global asset manager with offices in North America, Europe, Asia and the Middle East.
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
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The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
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