Click here to close now.



Welcome!

News Feed Item

FDS Broker Services Celebrates Project Milestone in Burlington

Adi Developments 'Tops Off' Mod'rn Condominium Project

MISSISSAUGA, ON--(Marketwired - August 08, 2014) - To take an idea from concept to execution requires amongst many things solid partnerships and that was the focus as Burlington's newest condominium development took one more step towards completion.

For Adi Developments, the concept was to bring high-end, high-design living to Burlington, so two years ago they set out to bring The Mod'rn, a four-storey contemporary mid-rise condominium project on Guelph Line, to the area.

Adi Developments recently celebrated a milestone with its partners and investors as construction of the fourth and final floor of the building was completed. The 'topping off' brought together partners such as FDS Broker Services, Fortress Real Developments and Cameron Stephens Mortgage Capital to get a tour of the building and its 78 units, including an opportunity to go on the roof to take in the view.

"We would like to congratulate the Adi Developments team on reaching this milestone and we are proud to be partners in bringing this unique project to the residents of Burlington," said FDS Broker Services CEO Zafar Khawaja. "This is just the latest example of a project which our investors are happy to be earning 8 per cent consistently with our Syndicated Mortgage product."

Through the distribution of the Fortress Real Capital Syndicated Mortgage investment by FDS Broker Services, Adi was able to raise the funds necessary to move The Mod'rn project from conception to execution. Investors received outstanding annualized returns on their money and once again showed syndicated mortgages are a critical piece of the financial pie that enables developers, like Adi, to turn their ideas into bricks and mortar.

Adi's concept was well received, as the project was 95% sold out on opening weekend, allowing for zoning approvals and construction financing to be put in place and shovels were in the ground by the end of 2013. The first residents are expected to move in next spring.

"There's an appetite for great design, great location and great product overall in Burlington," said Tariq Adi. "Burlington residents deserve the same options as Toronto residents from a quality and design standpoint."

Along the way, The Mod'rn was lauded with Project of the Year from the Hamilton-Halton Home Builders' Association and nominated in the Most Outstanding Midrise category by the Ontario Home Builders' Association, validating the original concept of the Adi brothers.

Between great tasting food and breathtaking views of Burlington, guests heard from project partners about why they partnered with Adi Developments on this journey from conception through to completion.

"Adi are very bankable partners and we look forward to working with them in the future on other projects," said Fortress Real Developments CEO and President Jawad Rathore.

The Fortress Real Capital Syndicated Mortgage Investment Product, distributed by FDS Broker Services allows small investors to combine their resources to fund large-scale Canadian real estate developments across the country, in partnership with blue chip developers, via a registered mortgage instrument and earn a fixed annual rate of return of 8%.

Given what most people's investments are earning them today, syndicated mortgages offers investors remarkable returns in comparison to other products in their portfolio that aren't generating the same yield or are constantly fluctuating in value.

The Fortress Real Capital syndicate mortgage product offers investors a defined term as well as secures their money directly on title to the property, a unique feature of syndicated mortgages. These mortgage investment products are RSP, LIRA, LIF, RIF, RESP, TFSA and cash eligible, with a minimum investment of $30,000.

From L To R: Tony Popli (COO, FDS), Omar Mansour (VP, International Business Development, FDS), Tariq Adi, Zafar Khawaja (CEO, FDS), Glenn May-Anderson (President, FDS), Jawad Rathor (President & CEO, Fortress Real Developments), Vince Petrozza (COO, Fortress), Saud Adi, Hal Yeskovitch (VP, Sales, FDS).

FDS Broker Services Inc. -- FDS Broker Services (FSCO LIC #12367, Nova Scotia LIC #1908783) is Canada's premier distributor of the Fortress Real Capital syndicated mortgage investment product, which offers clients an annual 8% fixed rate of return on their investment in Canadian real estate. For more information please visit: www.fdsbroker.com.

The following files are available for download:

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
As someone who has been dedicated to automation and Application Release Automation (ARA) technology for almost six years now, one of the most common questions I get asked regards Platform-as-a-Service (PaaS). Specifically, people want to know whether release automation is still needed when a PaaS is in place, and why. Isn't that what a PaaS provides? A solution to the deployment and runtime challenges of an application? Why would anyone using a PaaS then need an automation engine with workflow ...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
Advances in technology and ubiquitous connectivity have made the utilization of a dispersed workforce more common. Whether that remote team is located across the street or country, management styles/ approaches will have to be adjusted to accommodate this new dynamic. In his session at 17th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., focused on the challenges of managing remote teams, providing real-world examples that demonstrate what works and what do...
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...