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Stella  Di Cresce

Stella Di Cresce

Partner, Real Estate


Contact Information

sdicresce@osler.com

tel: 416.862.5957

Office

Toronto

Areas of Expertise
Bar Admission

Ontario, 2005

Education
  • Osgoode Hall Law School, LL.B.
  • York University, B.A. (Hons.)
Language(s)
English

Stella’s practice involves all aspects of commercial property transactions, including the acquisition, disposition and financing of commercial real estate, joint ventures, property management and leasing of office, retail and industrial space. She has developed particular expertise in portfolio acquisitions for real estate investment trusts (REITs), publicly-traded real estate companies and other institutional investors.

Stella also advises on the real property aspects of insolvency and security enforcement transactions, as well as on real property matters as part of corporate acquisitions, reorganizations and insolvency restructurings.

  • Tricon Capital Group Inc.

    Tricon Capital Group Inc. in connection with Canada Mortgage and Housing Corporation’s $357 million financing

  • Dream Office REIT

    Dream Office REIT in its $322.5 million sale of 700 De La Gauchetière Street West to Allied Properties REIT

  • Dream Office REIT and DREAM Hard Assets Alternatives Trust

    Dream Office REIT and DREAM Hard Assets Alternatives Trust in connection with its sale of a portfolio of properties to Kingsett Capital

  • Dream Office REIT

    Dream Office REIT in connection with its sale of properties to existing co-owners and Kingsett Capital

    • Dream Unlimited Corp. in its agreement to form a joint venture with Canadian Pacific Railway Ltd.
    • Dream Unlimited Corp. in connection with the formation and initial public offering of Dream Hard Asset Alternatives Trust and acquisition by Dream Alternatives of its approximately $725 million of initial assets.
    • Dream Industrial REIT on its $498.5 million acquisition of a national industrial portfolio from KingSett Capital.
    • Dream Industrial REIT on its $155 million initial public offering and listing on the Toronto Stock Exchange and its purchase of two industrial portfolios across Canada for a purchase price of approximately $575 million and $159 million, respectively.
    • Dream Office REIT and H&R REIT on their $1.266 billion acquisition of Scotia Plaza from The Bank of Nova Scotia, the largest single asset real estate transaction completed in Canada.
    • Dream Office REIT on its $1.4 billion acquisition of Whiterock REIT.
    • Target Corporation in connection with its $1.825 billion acquisition of Zellers store leases in Canada.
    • General Motors in its restructuring and the ongoing compliance with its US$3 billion credit facility.
    • Royal Bank of Canada on various loans to borrowers secured by properties in Toronto, Montreal and Vancouver.
    • Dream Office REIT in its sale of a $2.4 billion real estate portfolio to GE and concurrent investment by GE in Dream REIT, the largest real estate transaction ever completed in Canada.
    • Prudential Real Estate Investors in their acquisitions of Dundas Edward Centre, Toronto and Stantec Centre, Edmonton.
    • The bondholders in connection with the first mortgage bond financing of 1 First Canadian Place, Toronto, Ontario.
    • Various landlords and tenants on the leasing and subleasing of industrial, office and retail properties.
  • Find More

  • Chambers: Ranked in Chambers Canada: Canada's Leading Lawyers for Business: Up and Coming, Real Estate (Ontario)
  • Lexpert: Ranked in The Canadian Legal Lexpert Directory: Property Development
  • Best Lawyers: Ranked in Best Lawyers in Canada: Real Estate Law
  • Legal 500: Ranked in The Legal 500: Next Generation Lawyer, Real Estate
  • Acritas Stars: Recognized as a Star Lawyer

  • Law Society of Ontario
  • Canadian Bar Association
  • Ontario Bar Association