Hungerford Properties Launches Seven Generations Capital With $75M Committed Capital for Indigenous Land Development Fund

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jun 10, 2026--

Hungerford Properties is announcing the public launch of Seven Generations Growth Fund (“The Fund”), with $75 million CAD to date in committed equity capital. The Fund operates under the Seven Generations Capital brand with the full backing of the Hungerford Properties’ platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260610210762/en/

Similar to Hungerford Properties’ previous real estate value-add Funds, the Fund will leverage Hungerford Properties’ institutional expertise and core values to execute on diversified land developments, while targeting market-rate returns. The Fund’s investment strategy and platform are built to protect capital, de-risk opportunity, and responsibly generate long-term wealth for all stakeholders. Investments will benefit from distinct jurisdictional and legal advantages allowing for strong downside protection and outperformance.

The Fund is also committed to advancing financial inclusion for local partners, becoming a sustainable real assets leader, and ensuring community engagement is a top priority.

The Fund is projected to capitalize 10 to 15 projects, representing thousands of new housing units and hundreds of millions of dollars in economic development. Recognizing that housing remains a critical national priority, the Fund will focus on investing in workforce and market housing, mixed-use projects, and light industrial developments across major urban centers in Canada.

"Our decades of experience in diversified real estate have prepared us to execute this strategy at the highest institutional level," says Michael Hungerford, Partner at Hungerford Properties and Seven Generations Capital. "By combining our proven development platform with a complimentary focus on Indigenous partnership, we provide the competency and capacity required to deliver market-rate risk-adjusted returns while addressing critical needs in housing and industrial infrastructure across Canada. We are proud to bring this investment vehicle to the market."

“We have built strong relationships with communities across Canada and within the Fund’s target markets, and we remain deeply committed to nurturing and strengthening these connections over time,” says Andrew Hungerford, Partner at Hungerford Properties and Seven Generations Capital. “Our past projects include a partnership between Seven Generations Capital and Westbank’s First Nation’s Ntityix Development Corporation. The partnership is committed to providing necessary housing opportunities in the Okanagan market for the long-term, and with aligned values in sustainability, we believe this partnership will continue to bring value to our Fund, our partner community and their lands.”

Commitments to date are from endowments, foundations, pensions, fund of funds, economic development corps, trusts and family offices, and include groups such as Royal Bank of Canada (RBC) and the Victoria Foundation.

“Our investment into Seven Generations Capital is rooted in the strength of its platform — decades of institutional real estate experience, purpose-built to bridge mainstream capital with Indigenous land partnerships,” says Barrie Laver, Managing Director, Venture Capital and Private Equity, RBC. “It’s an investment that reflects RBC’s long-term commitment toward reconciliation, guided by RBC Origins and our Reconciliation Action Plan, and part of the bank’s work to co-create meaningful change with Indigenous communities. More importantly, it’s a step forward for Indigenous economic reconciliation, which is the foundation for a future we can all be proud of."

The Seven Generations Growth Fund remains open for additional commitments until December 2026. The Fund invites accredited investors to participate in this unique investment opportunity. Introduction Capital is the Fund’s Exempt Market Dealer.

Seven Generations Capital

Seven Generations Capital is an institutionally backed, private real estate and investment firm. Guided by the Gwich’in ancestry and values of our founders, we draw on Hungerford Properties’ decades of success in developing, managing, and building industrial, self-storage, residential, office, and retail properties across Canada.

Seven Generations Capital supports local communities’ path to self-determination through financial inclusion and urban land development, focusing on environmental and social values alignment, while respecting Indigenous knowledge and stewardship.

Hungerford Properties

Hungerford Properties is an established, award-winning, Vancouver-based private real estate company with decades of success in investing, developing and managing industrial, self-storage, residential, office and retail properties across Canada. Our vertically integrated platform serves as our competitive edge, allowing our team to provide value across all stages of the real estate lifecycle, offering in-house investment, asset management, financing, and property management services. We approach real estate with rigorous systems, proven processes, and operational excellence to get the best results. Our values driven culture is committed to seeking long-lasting collaborative relationships with our partners, by communicating openly, being accountable and transparent, and seeking win-wins.

Səkʷíw development on Westbank First Nation.

MIAMI (AP) — Major Hurricane Genevieve was roaring in the Pacific Ocean far from land Monday evening at the same time that the weakening Tropical Storm Fausto was bringing large surf to Hawaii.

Genevieve was briefly a Category 5 hurricane early Monday, the first in the East Pacific region in two years, the National Hurricane Center said. It was expected to stay far out to sea on a course roughly parallel with the Mexico coast.

Genevieve had maximum sustained winds of 145 mph (230 kph), according to the Miami-based hurricane center. Genevieve’s center was located about 505 miles (810 kilometers) southwest of the southern tip of the Baja California peninsula and was headed northwest at 12 mph (19 kph).

No coastal watches or warnings were in effect, but the hurricane center said that swells from the storm — likely causing “life-threatening surf and rip current conditions” — were affecting parts of Mexico’s southwestern coast and the Baja California peninsula.

Genevieve was expected to fluctuate in intensity before weakening later in the week.

Farther northwest in the Pacific, Hurricane Fausto weakened to a tropical storm Monday evening as it continued on a path in the general direction of the Hawaiian Islands. Forecasters said Fausto is expected to pass north of Hawaii, but residents should still monitor the progress of the storm for impacts

Large surf and strong currents were increasing on east-facing shores along Hawaii's islands, the hurricane center said. Fausto had maximum sustained winds of 70 mph (110 kph). It was centered about 415 miles (670 kilometers) east-northeast of Hilo, Hawaii, and traveling west-northwest at 16 mph (26 kph).

This satellite image released by NOAA shows Hurricane Fausto, center, and Hurricane Genevieve off the southwest coast of Mexico, right, over the Pacific Ocean, Sunday, July 26, 2026. (NOAA via AP)