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Company

High Art Capital

A private investment firm specializing in Canadian real estate that launched a $1.3-billion fund to buy unsold GTA condo units and convert them to rental housing.

1
scandals: 2
connections

Scandals

Public Money, Private Gains: Ontario's $300M Condo Developer Bailout2026

Beneficiary

$300M

High Art Capital received a $300-million investment from the Building Ontario Fund (a provincial Crown agency) — $294 million in mezzanine debt and $6 million in equity — closed February 13, 2026, to fund its purchase of unsold GTA condo units for conversion to rental housing.

People

Ryan RoebuckExecutiveManaging partner of High Art Capital; former investment banker and early investor in Canada's cannabis market (founder of PharmaCan Capital Inc., which became Cronos Group Inc.); quoted discussing the fund's market timing and initiative goals.