New Castle partners with Capital for Canada expansion

New Castle Hotels & Resorts, an independent third-party hotel operator, owner and developer, entered into a strategic partnership with Full-G Capital, a Toronto-based hospitality real estate investment and advisory firm. 

The new partnership will focus on expanding New Castle’s footprint in the Canadian hospitality market. New Castle’s current portfolio includes seven hotels in Atlantic Canada and Toronto, with two more (the Residence Inn and Courtyard by Marriott Dartmouth) slated for opening in early 2019.

“This partnership leverages the development and operational strengths of New Castle and Full G’s deep resources and proven investment platform,” Jeremy Buffam, VP, capital projects and facilities at New Castle, said in a statement. “Together we are well positioned to move forward in the dynamic and competitive Canadian market.”