Northview Apartment REIT announced it has agreed to acquire a 1,250-unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. for an aggregate purchase price of $196.8 million
Overall, the Canadian real estate industry continues to be performing well with the apartment sector holding strong, according to the 2018 Emerging Trends in Real Estate report, published by PwC Canada and the Urban Land Institute
Colliers announced that it has sold a high density, mixed-use development site, located steps from the Burquitlam SkyTrain Station in West Coquitlam, B.C.
A new report from Avison Young looks at commercial real estate investment activity in five countries and 54 markets, including how the multifamily market has fared to date in 2017.
Skyline Apartment REIT announced that it has sold $173M in multi-residential real estate assets to Toronto-based Q Management LP. The sale consisted of nine properties and 1,036 apartment units located primarily in the city of Hamilton.
InterRent Real Estate Investment Trust announced that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located in Montreal, Quebec.
Colliers Multifamily Advisory Group announced it has brokered the sale of a seven-storey Brampton property to Starlight Investments for a record-setting price.
Starlight U.S. Multi-Family (No. 5) Core Fund announced that it has acquired a-288 suite, Class "A" Nashville apartment community, constructed in 2015.
Starlight U.S. Multi-Family (No. 5) Core Fund announced that it has sold a 126-unit community in Houston, Texas, and plans to use the proceeds, along with the proceeds from the disposition of Belle Haven Apartments, to acquire Carrick Bend in Denver.
Above average transaction volumes, persistent demand, and foreign capital have been driving Canada's commercial investment property market in 2017, according to a recent report issued by Morguard Corporation.
Starlight Investments announced it has begun the process of acquiring 283 apartment units in two recently constructed, multi-residential properties located at 325 Lakeview Drive in Woodstock and 1042 Paisley Road located in Guelph.
Minto Capital Management Inc. announced the acquisition of Radisson Place in Calgary, a 12-storey multi-residential apartment building.
Starlight Investments announced it has completed the forward purchase of a Hamilton luxury rental property located at 140 Main Street West.
CAPREIT announced that it has waived conditions and will acquire a Montreal luxury apartment, comprised of 256-suites and located in the affluent Côte-Saint-Luc neighbourhood.
Avison Young released its fourth-quarter 2016 Real Estate Investment Review of the Greater Toronto Area, reporting that 2016 multi-res sales declined by 39 per cent.
Killam Apartment REIT announced the closing of two multi-residential acquisitions, in London and Calgary, for a total of $26.2 million.
Tricon Lifestyle Communities announced it has acquired a portfolio of three housing communities in California for a total purchase price of $30.4 million .