Transactions
Starlight Investments continues UK expansion
Starlight Investments has acquired a 300-suite community currently under construction in Leeds, adding to it's growing UK portfolio.
BGO, Starlight acquire Pickering rental property
BGO and Starlight Investments have jointly acquired a newly developed multifamily residential property located in Pickering, Ontario.
CAPREIT announces sale of MHC portfolio
CAPREIT has entered into an agreement to sell its Canadian MHC portfolio to TPG Real Estate for a gross purchase price of $740 million.
Alignvest acquires Montreal student housing asset
Alignvest Student Housing has completed the acquisition of a purpose-built student accommodation property located in Montreal, Quebec.
Promise of safe haven woos foreign investors
Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Blackstone’s takeover of Tricon closes May 1
Canadian-based Tricon Residential announced it is set to sell all its remaining shares to US-based Blackstone Real Estate in a $3.5-billion transaction.
CAPREIT ends 2023 with series of transactions
CAPREIT ended off 2023 with a series of transactions that included the purchase of two newly constructed rental apartments in British Columbia.
Concert Income Properties acquires Class A rental building
Concert Income Properties announced it has acquired a Class A, mixed-use rental building on Granville Street in Vancouver.
InterRent announces joint acquisition of Brampton property
InterRent REIT announced it has closed on the purchase of a 605-suite apartment community at 2 and 4 Hanover Road in Brampton, Ontario.
CAPREIT sells interest in three Ottawa rental properties
CAPREIT announced it has completed the disposition of its 50 per cent, non-managing interest in three mature Ottawa rental properties.
Equiton closes 2022 with Toronto multi-res acquisition
Equiton Residential Income Fund Trust announced it ended a busy year with the acquisition of a Toronto multi-residential property for $50 million.
NexLiving acquires Saint John portfolio for $34.3 million
NexLiving Communities Inc. announced it has acquired two properties in Saint John, New Brunswick, for $34.3 million.
Centurion to acquire Gatineau multi-res development
Centurion Asset Management is set to acquire Phase I of a three-phase multi-residential apartment portfolio in Gatineau, Quebec.
Tricon sells remaining interest in U.S. portfolio
Tricon Residential announced it has entered into an agreement to sell its remaining 20 per cent interest in 23 U.S. apartment buildings for approximately $315 million.
Centurion announces pending Ottawa apartment acquisition
Centurion Asset Management Inc. announced the pending acquisition of an Ottawa apartment complex in the city’s Overbrook neighbourhood.
Starlight Investments acquires 10 Ontario assets
Starlight Investments announced it has completed the acquisition of 10 Ontario assets located in Ottawa, Kingston, London and Welland.
Morguard acquires Chicago residential complex
Morguard announced it has acquired Echelon Chicago, a Class A multi-suite residential complex, for a purchase price of US $133 million.