Realize Fund I
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Heartwood Trust
PRODUCT ISSUER
Heartwood Trust, a first-time SFI that has partnered with Kindred Works, a socially minded developer and property manager.
Based in Ontario and investing across Canada.
PRODUCT
The supply of apartments classified as affordable is far below demand, leaving many low-income households in difficult situations. Meanwhile, current building practices are emissions intensive, creating a multi-faceted challenge. By investing in the development of new low-carbon, purpose-built rental housing, Heartwood Trust is supporting the growth of sustainable, liveable cities.
Main Impact Areas:
- Affordable housing
- Climate change
- Climate adaptation and resilience
Asset Class: Real assets
“Our purpose at Heartwood is to create long-term value by building and investing in a new generation of climate-safe, purpose-built rental housing. This anchor investment from Realize Capital enables us to accelerate our mandate and provides a springboard for a more robust capital-raise strategy in Q1 of 2025.”
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