Click here to close now.


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:

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
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
We are rapidly moving to a brave new world of interconnected smart homes, cars, offices and factories known as the Internet of Things (IoT). Sensors and monitoring devices will touch every part of our lives. Let's take a closer look at the Internet of Things. The Internet of Things is a worldwide network of objects and devices connected to the Internet. They are electronics, sensors, software and more. These objects connect to the Internet and can be controlled remotely via apps and programs. ...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, 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. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).