RENX.ca - Hungerford Makes First Edmonton Acquisition

Posted on May 28, 2014

Placeholder

In 1964, George Hungerford won an Olympic gold medal for rowing. It should come as little surprise then to learn that the company in which he a partner, Hungerford Properties, is bringing its game to commercial real estate.

The Vancouver-based real estate developer is making a name for itself by taking on buildings other companies shy away from and redeveloping them into viable commercial properties.

"It's not easy the kind of investing we do," Michael Hungerford said in an interview with Property Biz Canada. Hungerford, George son and a partner in the firm, said the company seeks out buildings the company can refurbish and change.

The most recent example of the company work is its recent purchase for an undisclosed price of the Capital Place building in Edmonton. Although the Hungerford family roots go back six generations in the prairie city, Capital Place represent Hungerford first commercial real estate acquisition in the Alberta capital.

Click here to read the full article.

To learn more about Ledgeview, click here.

Search