Canadian Apartment Magazine - Transactions
REMI

Transactions

Pier 4

CAPREIT expands presence in Ontario and B.C.

CAPREIT has completed the acquisition of a portfolio of seven apartment buildings in London, Ontario, and six apartment buildings in Victoria, B.C.
high-rise apartments

Starlight acquires five high-rise apartments in Vancouver

Starlight Investments has continued on its buying spree with the acquisition of five high-rise apartments located in Vancouver and West Vancouver, B.C.
eight rental properties Victoria

Starlight acquires eight rental properties in Victoria, B.C.

Starlight Investments announced it has completed the acquisition of eight rental properties in Victoria, B.C. comprised of 485 units. The eight rental properties are situated
Pier 4

CAPREIT acquires two Montreal rental properties

CAPREIT announced it has completed the acquisition of two Montreal rental properties comprised of five apartment buildings and 154 suites.
Pier 4

Mayfair Properties acquires iconic Vancouver rental tower

Vancouver-based Mayfair Properties recently purchased Martello Tower, a 30-storey concrete rental building at the corner of Beach and Thurlow.
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.
Pier 4

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.

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.