Business
Tempus Capital Announces Investment Agreement with Oak Street Partners
Burlington, Ontario--(Newsfile Corp. - September 24, 2025) - Tempus Capital Inc. (CSE: TEMP) ("Tempus" or the "Company") is pleased to announce it has signed an agreement to invest in Oak Street Partners Ltd. (Oak Street), an affordable housing owner-operator headquartered in Toronto, and operating in the Midwest United States.Oak Street is a private Canadian company that owns and manages over 150 housing units in the single family and multi family asset classes in Cleveland, and Akron Ohio....
About this update from Tempus Capital, Inc.
[{"type":"text","content":"Burlington, Ontario--(Newsfile Corp. - September 24, 2025) - Tempus Capital Inc. (CSE: TEMP) ("Tempus" or the "Company") is pleased to announce it has signed an agreement to invest in Oak Street Partners Ltd. (Oak Street), an affordable housing owner-operator headquartered in Toronto, and operating in the Midwest United States.","length":370,"tagName":"p"},{"type":"text","content":"Oak Street is a private Canadian company that owns and manages over 150 housing units in the single family and multi family asset classes in Cleveland, and Akron Ohio. Oak Street manages properties internally, and specializes in renting to tenants through government subsidized programs. Oak Street is a yield focused business, and targets a 15% cash return to investors annually.","length":380,"tagName":"p"},{"type":"text","content":"Tempus has agreed to invest up to $1,000,000 CAD in Oak Street common shares conditional upon satisfactory due diligence review. In addition to the investment, a member of Oak Street's management team will join the Board of Directors of Tempus Capital, and Tempus will appoint one member to the advisory board of Oak Street.","length":328,"tagName":"p"},{"type":"text","content":""We are very pleased to make this announcement and begin our relationship with Oak Street. The investment makes a lot of sense for our shareholders from both a market diversification standpoint, and for the risk-mitigated yield approach that Oak Street's investment model focuses on. The team has built a solid portfolio in what we believe is the highest cash flow producing asset class in the North American residential real estate landscape. We look forward to completing the due diligence period and making this accretive investment," said Russell Tanz, Tempus President and CEO.","length":596,"tagName":"p"},{"type":"text","content":""Having Tempus invest into Oak Street marks a significant milestone for our company. We have proven the ability to make smart purchases and manage affordable rental units at scale, and will use this capital to expand our portfolio in Northeast Ohio. Additionally, offering investors exposure to Oak Street through a liquid, publicly traded company, and the ability to invest registered funds into Tempus is a tremendous benefit. We look forward to working closely wit...