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 Student Housing has completed the acquisition of a purpose-built student accommodation property located in Montreal, Quebec.

Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.

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 ended off 2023 with a series of transactions that included the purchase of two newly constructed rental apartments in British Columbia.

Concert Income Properties announced it has acquired a Class A, mixed-use rental building on Granville Street in Vancouver.

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 announced it has completed the disposition of its 50 per cent, non-managing interest in three mature Ottawa rental properties.

Equiton Residential Income Fund Trust announced it ended a busy year with the acquisition of a Toronto multi-residential property for $50 million. 

NexLiving Communities Inc. announced it has acquired two properties in Saint John, New Brunswick, for $34.3 million.

Centurion Asset Management is set to acquire Phase I of a three-phase multi-residential apartment portfolio in Gatineau, Quebec.

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 Asset Management Inc. announced the pending acquisition of an Ottawa apartment complex in the city’s Overbrook neighbourhood.

Starlight Investments announced it has completed the acquisition of 10 Ontario assets located in Ottawa, Kingston, London and Welland.

Morguard announced it has acquired Echelon Chicago, a Class A multi-suite residential complex, for a purchase price of US $133 million.

Chartwell Retirement Residences announced it has entered into agreements to sell two long-term care facilities located in BC.

Equiton Residential Income Fund Trust announced it has acquired a multifamily residential property in Brampton, Ontario, for $63.25 million.