Transactions
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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 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.
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.
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.
BentallGreenOak acquires Montreal rental complex
On behalf of Sun Life Assurance Company of Canada, BentallGreenOak announced it has acquired Appartements-Boutique, a purpose-built rental complex in Montréal.
Starlight announces several new acquisitions throughout October
Throughout the month of October, Starlight Investments announced several apartment acquisitions, as well as plans for new developments.
Starlight acquires Toronto portfolio of 628 rental units
Starlight Investments announced it has completed the purchase of a Toronto portfolio comprised of 628 rental units spread across 12 properties and 19 buildings.