Davies

Brian G. Salpeter

Brian Salpeter is a partner in the Corporate/Commercial, Commercial Real Estate and Mergers & Acquisitions practices. His practice focuses on all aspects of real estate, mergers and acquisitions and corporate/commercial law, with an emphasis on real estate development, joint ventures, acquisitions and dispositions, financings and corporate finance. He regularly represents domestic and foreign public and private companies and pension funds on transactions and projects across Canada and the United States. Brian is a member of the firm’s opinion committee.

Representative Work

  • Acted for The Cadillac Fairview Corporation Limited in its acquisition of the Windsor Station complex and other real estate assets from The Canadian Pacific Railway Company for $86 million. As part of the transaction, Canadian Pacific has entered into a long-term lease with Cadillac Fairview to remain the principal tenant of Windsor Station. Windsor Station is located at 1160 De La Gauchetière in downtown Montréal and represents an important heritage property. It houses more than 300,000 square feet of leasable office space.

  • Acted for the consortium comprised of Meridiam Infrastructure Managers and Pomerleau Construction which was shortlisted to respond to a request for proposal from the Ministère de la Culture et des Communications and the Agence des partenariats public-privé du Québec for the design, construction, financing, operation and maintenance of the new Montréal concert hall.

  • Acted for Goldman Sachs and the other owners in connection with the sale of Place Bonaventure, the Bonaventure Hilton hotel and Dominion Square properties in Montréal.

  • Acted for Accès Santé CHUM, a consortium including Fiera-Axium Infrastructure, Acciona S.A., HSBC Specialist Fund Management Limited, Pomerleau inc. and Verreault inc., which was short-listed to participate in a request for proposal from the Agence des partenariats public-privé du Québec and the Centre hospitalier de l'Université de Montréal ("CHUM") to design, build, finance and maintain the CHUM's new hospital centre. The CHUM is one of the largest university hospital centres to be procured in North America.

  • Acted for Cirvek Fund I, L.P. in its acquisition of 150 Bloor Street West, a 270,000 square foot office building situated in the heart of the high-end Bloor-Yorkville district of Toronto, Ontario, from Northam 150 Bloor Street Development Limited Partnership for a purchase price of approximately $85 million.

  • Acted for The Cadillac Fairview Corporation Limited with respect to the establishment of a joint venture and in respect of the development of the Tour des Canadiens, a new 48 storey residential condominium building to be located at Centennial Place, at the corner of Rue de la Montagne and Avenue des Canadiens, in the heart of downtown Montreal by a consortium comprised of The Cadillac Fairview Corporation Limited, Canderel, the Fonds immobilier de solidarité FTQ and the Club de hockey Canadien. The Tour des Canadiens will become one of Montreal's tallest residential buildings and an unmistakable visual landmark.

  • Acted for The Cadillac Fairview Corporation Limited with respect to the execution of a long term lease agreement with Deloitte and the development of a new 26 storey office tower to be built in downtown Montréal which will be known as the Deloitte Tower. The Deloitte Tower will be built to LEEDr Platinum certification, making it the first major office project in Montreal to achieve this level of certification.

  • Acted for Claridge Inc. in the sale of Importations DE-RO-MA, owned by Claridge Food Group, to Smart Balance, Inc. for $66 million.

  • Acting for Groupe Prével and Claridge Properties in connection with their joint venture for the development of the former Séville Theatre in Montréal, Québéc. The site is being redeveloped as a mixed-use commercial and residential complex, which will include street-level shops and up to 450 housing units in three towers.

  • Acted for Dialogic Corporation in connection with its acquisition of Veraz Networks, Inc. in a reverse merger transaction resulting in Dialogic owning approximately 70% of shares and Veraz shareholders owning approximately 30% of the merged company.

  • Acted for the Miami Access Tunnel consortium, comprised of Meridiam Infrastructure, Bouygues Travaux Publics and Transfield Services Ltd. for the design, build, finance, operation and maintenance of the US$1.3 billion greenfield Port of Miami Tunnel project. Davies also acted as lead counsel for the consortium on the financing of the Project, with the senior debt financing of US$340 million being provided through a club of 10 international banks and the subordinated debt financing of US$341 million being provided as a 35-year fixed rate loan by the United States Department of Transportation under the federal TIFIA (Transportation Infrastructure Finance and Innovation Act of 1998) program. This project was awarded the 2009 Global PPP Deal of the Year by Project Finance magazine and the 2009 Americas PPP Deal of the Year by each of Project Finance International and Project Finance magazine.

  • Acted for London Life Insurance Company and GWL Realty Advisors in the acquisition of the 2001 University office building, located in Montréal, Québec, by HOOPP Realty Inc. in a deal valued at $53.6 million.

  • Acted for Amot Investments Ltd. in the acquisition of a 50% interest in Phase 1 of E-Commerce Place, Montréal, Québec.

View All

Recognition

Return To Profile

  • Recognized as a leading lawyer in the areas of Corporate Mid-Market Law, Mergers & Acquisitions and Project Development in The Canadian Legal Lexpert® Directory.
  • Recognized as a leading lawyer in the area of Real Estate by Chambers Global: The World's Leading Lawyers for Business.
  • Recognized as a leading practitioner of Real Estate Law by The Best Lawyers in Canada.
  • Honoured as one of the Lexpert® Rising Stars: Leading Lawyers Under 40.
  • Recognized by The Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada, and by the Lexpert®/Thomson Guide to Canada’s 100 Most Creative Lawyers as one of 40 corporate lawyers to watch.

Professional Affiliations

Return To Profile

Board Memberships

Return To Profile

  • Director, major real estate developer, Montréal

Community Involvement

Return To Profile

Teaching Engagements

Return To Profile

Speaking Engagements

Return To Profile

Articles and Publications

Return To Profile

Brian co-authored an article, “Constitution du site du patrimoine du Square Dorchester et de la Place du Canada” (available in French only) that was published in L’informateur Immobilier commercial.

Brian Salpeter
Brian G. Salpeter
Partner
Office:
Montréal
Tel:
514.841.6496
Email:
bsalpeter@dwpv.com
Bar Admissions:

Québec, 1995

Education:

McGill University, B.C.L., LL.B., 1994

McGill University, B.A., Economics/ Political Sciences, 1990