ABOUT CONUNDRUM CAPITAL CORPORATION

Conundrum is a Canadian private equity investment management firm delivering innovative real estate solutions catering to the investment needs of Canadian and international, institutional and private HNW investors.

Conundrum was formed in 2000, and is wholly owned by senior management who have worked together since 1990. The Conundrum team has acquired and managed assets exceeding $5 billion Cdn., comprised primarily of multi-family residential assets and commercial properties, with selective investments in senior care and hospitality portfolios. Management's track record is ranging from net realized IRRs 10.2% to 61.2% across different investment strategies.

Conundrum has focused on achieving superior investment returns by aggregating properties into an attractive portfolio, enhancing cash flows and adding value through capital improvements and professional asset management.