Transactions

Equiton

Equiton acquires two Hamilton apartment buildings

Equiton announced it has completed the purchase of two apartment buildings in the Beasley neighbourhood of East Hamilton, Ontario.
Tricon Residential

Tricon Residential sells 80% stake in US multifamily portfolio

Tricon Residential announced it has reached an agreement with two institutional investors to invest in its portfolio U.S. apartments.
student housing assets

Alignvest set to acquire two new student housing assets

Alignvest Student Housing announced it has entered into an agreement to acquire two new student housing assets located in Waterloo, Ontario.
Vancouver portfolio

InterRent and Crestpoint acquire large Vancouver portfolio

InterRent REIT and Crestpoint Real Estate Investments announced that they have entered into agreements to acquire a large Vancouver portfolio for a purchase price of $292.5 million.
student housing assets

ViveRE Communities acquires property in Saint John, NB

ViveRE Communities announced it has completed the acquisition of a multifamily rental property located at 51 Noel Avenue in Saint John, New Brunswick.
Rapid Housing Initiative

Greyspring Apartments acquires Montreal rental building

Greyspring Apartments announced it has acquired a 13-storey, 105-unit rental apartment located at 1951 Maisonneuve Boulevard East in Montreal.
Halifax rental property

CAPREIT acquires newly completed Halifax rental property

CAPREIT announced it has purchased a newly constructed Halifax rental property, located in the suburb of Bedford, for $11.9 million. 
BC tallest rental development

Starlight acquires tallest rental development in Western Canada

Skyline has completed the acquisition of Western Canada's tallest rental development, a high-rise, mixed-use, multi-residential building comprised of 398 rental units.
Northview portfolio

Starlight, Kinsett complete $4.9 billion Northview portfolio acquisition

Starlight and KingSett announced that they have completed the acquisition of the Northview portfolio for $4.9 billion, the largest multi-res transaction in Canadian history. 
InterRent REIT

InterRent REIT acquires large Ontario portfolio

InterRent REIT announced it has entered into an agreement to acquire a portfolio of five Ontario apartment buildings for $170.0 million.
student housing assets

Q2 transactions down significantly: JLL Real Estate

After a record-breaking 2019 and Q1-2020, the GTA multifamily investment market has felt the effects of COVID-19 with just 23 Q2 transactions in total.
Class A apartments

On the road to recovery

New data from Altus Group, Morguard, and Rentals.ca show a slump in sales and declining rental rates as we ease our way down the road to recovery.
Vestcor acquires minority interest in Crown Realty Partners

Starlight and KingSett acquire Northview Apartment REIT

Starlight and KingSett Capital announced that they have entered into an agreement to acquire Northview Apartment REIT in a transaction valued at $4.8 billion.
Halifax portfolio

CAPREIT completes acquisition of Halifax portfolio

Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) has completed the purchase of the substantial Halifax portfolio it previously announced in December.
Starlight GTA portfolio

Starlight announces $1.7 billion GTA portfolio acquisition

Starlight Investments announced it has completed the acquisition of a 44-building concrete, multi-residential, high-rise GTA portfolio for a purchase price of $1.735 billion.
Halifax

CAPREIT acquires substantial Halifax portfolio

CAPREIT announced plans to move ahead on the acquisition of a substantial Halifax apartment portfolio comprised of eight properties containing fourteen apartment buildings and 1,503 rental suites.
metro vancouver

Multi-suite market sweet for landlords

Canada’s multi-suite market performed at a healthy level for landlords and investors in 2019, according to the latest Economic Outlook Report from Morguard.