About Us
KingSett Capital was founded on the premise that the combination of the right people, strategy and stakeholders would build a successful platform to deliver sustainable premium risk-weighted returns. Today, KingSett has over 170 employees across three Canadian offices, backed by extensive experience and strong values.
Our Values
Our business approach is rooted in integrity, excellence and upholding the highest standards in everything we do. Our values are more than principles; they are the foundation that guides every decision and defines our business.
Relationships
At KingSett, we prioritize building relationships based on respect, trust and meaningful interactions. Our partnerships with employees, investors, industry partners and stakeholders have driven our growth and consistent performance over the last two decades.
Relationships
Transparency
We communicate directly, honestly and proactively with our investors, stakeholders and partners, ensuring they have the information they need to trust and support our decisions. This is reflected in the quality, consistency and frequency of our internal and external communications and reporting.
Transparency
Intensity
We maintain an unwavering commitment to achieving our goals with focus, creativity and resilience. The KingSett difference is the persistence to overcome obstacles, the determination to find solutions and the boldness to transform challenges into opportunities.
Intensity
Humility
At KingSett, we focus on fostering genuine respect, collaboration and self-awareness. We encourage continuous improvement and recognize contributions from anyone with sincerity and gratitude. We prioritize the collective good, understanding that business is a team sport.
Humility
Respect
Mutual respect is fundamental and reflected in our everyday actions – recognizing the worth of others, communicating thoughtfully, and embracing diverse perspectives and priorities.
Respect
Accountability
Accountability means owning our actions and responsibilities, delivering on commitments and upholding values. We strive to exceed expectations, solve problems, prioritize what’s right over who’s right, and act decisively on good ideas.
Accountability
Integrity
Integrity means adhering to moral and ethical principles with honesty and sound character. At KingSett, we approach situations thoughtfully and constructively, and communicate the truth with courage, reflecting our commitment to the pursuit of excellence.
Integrity
Sustainability
KingSett embraces sustainability as a holistic principle, encompassing the well-being of the individual, the team and the business aligned with environmental responsibility, community support, all with a long-term vision. We work toward impactful goals that benefit the individual, the community and the investor.
Sustainability
Our History & Evolution
2002
Pioneering Canada’s Private Equity Real Estate Model
In a market where institutional-quality real estate was narrowly accessible and limited to “core” strategies through pension plans and publicly traded REITs, Jon Love saw an opportunity to create an independent firm that could invest on behalf of, and alongside, external partners.
Jon established KingSett Capital on the belief that entrepreneurial discipline, adherence to core values and institutional risk management could reimagine real estate investing in Canada and deliver sustainable premium risk-weighted returns for investors.
Launching our Flagship Fund
In 2002, KingSett launched our inaugural closed-end Growth Fund, closing with $220 million in institutional capital. To date, we’ve raised eight successive Growth Funds, each generating premium-risk weighted returns across market cycles through investments in all real estate property types and in all markets across Canada.
2006
Evolving to Provide Private Real Estate Credit
In 2006, KingSett saw an opportunity to apply its real estate expertise and execution focus to the lending space, evolving to write loans within our Growth Fund for the first time.
We created a private commercial mortgage platform to offer a full range of customized debt solutions, built on a customer-centric approach, agile execution, creative credit solutions and seamless collaboration.
2008
2014
Forming Our Sustainability & Asset Resilience Team
In 2014, KingSett established our Sustainability & Asset Resilience team to incorporate sustainable investing considerations into the CREIF portfolio. The approach has since broadened to encompass additional areas across our business where we employ active management strategies to enhance value and create sustainable impact. This has been instrumental in advancing an industry-leading decarbonization program, including completing one of the largest hotel deep-carbon retrofits in the world at the Fairmont Royal York and achieving the largest Zero Carbon Building – Performance certification in Canada at Scotia Plaza’s 40 King.
Launching Our High Yield Fund
With eight years of established lending experience managed within the Growth Funds, KingSett launched a dedicated open-ended real estate credit fund focused on high yield and mezzanine lending. The fund provides bridge, subordinate and mezzanine mortgage credit to borrowers with high-quality real estate assets and projects in the most liquid markets across Canada.
2015
Expanding Our Equity Funds
In 2015, KingSett initiated a new strategy to capitalize on the growing trend of urbanization in micro-regions in and around Canada’s major cities, forming the Urban Infill Fund (“UIF”). UIF employs a variety of land assemblage, entitlement and vertical development strategies alongside best-in-class developers.
2018
Growing Our Credit Business
KingSett launched our Senior Mortgage Fund in 2018, offering a complementary strategy to our High Yield Fund and further expanding our debt offering to capitalize on opportunities previously syndicated to external lenders.
The open-ended fund focuses on providing first mortgage credit to borrowers with quality real estate assets or projects in the most liquid markets across Canada.
2019
Forming Our Management Committee
As KingSett continued to scale, the firm refined its leadership structure to support long-term succession. The Management Committee was established to guide KingSett forward, with a clear focus on delivering sustainable, premium risk-weighted returns for our investors through an expanding portfolio of fund strategies.
2020
2021
Establishing Our Residential Development Fund
In 2021, we launched the KingSett Residential Development Fund. Leveraging our strong relationships, existing landbank of urban, transit-oriented development sites, and institutional scale capital, we set out to curate a selection of compelling risk-weighted opportunities to earn development returns with best-in-class joint venture partners.
Launching Our CMHC Lending Platform
As our mortgage business continued to grow, we established a Canada Mortgage and Housing Corporation ("CMHC") lending platform. The program offers CMHC-insured mortgages to multifamily-market rental, affordable rental, student housing and seniors’ residences owners and developers across Canada.
2023
A Transition in Leadership
In November 2023, KingSett announced Founder Jon Love was to become Executive Chair of the firm and Rob Kumer would assume the role of Chief Executive Officer, formalizing the expanded leadership role Rob undertook over several years and marking the culmination of a well-planned, multi-year leadership succession.