# Jesta Group announces $30M bulk condominium buy in downtown Toronto

*And a larger $500 million condominium program*

By [Brandon Donnelly](https://brandondonnelly.com) · 2026-05-13

toronto, jesta-group, montreal, toronto-condo, bulk-buy, bulk-condos, development, real-estate, housing

---

Montreal-based Jesta Group has just [announced](https://www.businesswire.com/news/home/20260511532803/en/Jesta-Group-Enters-Toronto-Residential-Market-with-%2430-Million-Bulk-Condominium-Acquisition-Deploying-%24500-Million-to-Build-1000-Unit-Portfolio-Over-12-Months) the acquisition of a bulk condominium portfolio in downtown Toronto valued at $30 million. This also marks the launch of a larger $500 million program targeting more than 1,000 residential units over the next 12 months. Here's a snippet from the press release:

> "Toronto's fundamentals remain strong and the current market environment has created a unique window to deploy capital at scale," said Anthony O'Brien, Senior Managing Director at Jesta Group. "We are aggressively pursuing opportunities that fit this investment ethos and encourage developers with qualifying inventory to reach out directly."

Anthony's email is [aobrien@jesta.com](mailto:aobrien@jesta.com).

Sentiment seems to be changing here in Toronto. Maybe it's because summer is coming and the winter was long, or maybe it's because our looming supply bottom is drawing nearer. Regardless, a $500 million program certainly suggests that somebody believes we are at or near the bottom.

* * *

_Cover photo by_ [_Rodolfo Flores_](https://unsplash.com/@rodo1908?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText) _on_ [_Unsplash_](https://unsplash.com/photos/white-car-on-road-near-city-buildings-during-daytime-jGFxhmv26nA?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText)

---

*Originally published on [Brandon Donnelly](https://brandondonnelly.com/jesta-group-announces-dollar30m-bulk-condominium-buy-in-downtown-toronto)*