REIT
Canadian Property Management
StorageVault Canada graduates to the TSX
StorageVault Canada's common shares and debentures began trading on the TSX on January 26.
Canadian Facility Management & Design
Private REIT acquires Oshawa medical building
Mohawk Medical Properties REIT, a private real estate investment trust, has announced its acquisition of a full-service medical office building in Oshawa, Ont. The medical
REMI Network
Killam Properties to convert to a REIT
Killam Properties Inc. announced that its Board of Directors has unanimously approved the proposed reorganization of Killam into a real estate investment trust to be named Killam Apartment Real Estate Investment Trust.
Canadian Apartment Magazine
Canada’s 3rd-largest multi-family REIT forms
Northern Property Real Estate Investment Trust and True North Apartment Real Estate Investment Trust announced the creation of Canada's third-largest publicly-traded multi-family REIT
Canadian Apartment Magazine
Milestone REIT to acquire Atlanta apartment
The Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone REIT) has agreed to purchase a 236-unit apartment complex in East Atlanta, Georgia. The community, known as the Village at Almand Creek (Almand Creek), will be purchased for $24-million U.S.
REMI Network
FAM REIT now known as Slate Office REIT
FAM Real Estate Investment Trust is now known as Slate Office REIT, more than five months since assuming new management under Slate Asset Management. Slate
Canadian Apartment Magazine
Starlight purchases Belle Haven Apartments
The previously announced acquisition of North Carolina’s Belle Haven Apartments by the Ontario-governed Starlight U.S. Multi-Family Core Fund (Starlight) has closed. Belle Haven Apartments, a group of seven three-storey, 176-unit garden style apartment complex, was purchased by Starlight for approximately $26.4-million U.S.
Canadian Apartment Magazine
Milestone REIT to acquire Orlando apartment
Heritage on Millenia (Heritage), a 303-unit multi-family apartment community in Orlando, Florida, will soon be acquired by the Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone). Heritage will be purchased for $40.0-million U.S. and is expected to be fully acquired by March 31.
Canadian Apartment Magazine
Pure Multi-Family REIT sells Texas apartment
Canadian-based Pure Multi-Family REIT LP (Pure Multi) has completed the sale of a 408-unit Texas apartment for $27.95-million U.S. Located at 2015 Randy Snow Rd. in a submarket of Dallas-Fort Worth, known as Arlington, the Sunset Point Apartments (Sunset Point) community was constructed in 1983.
REMI Network
Milestone to acquire Kansas City apartment
The Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone) has agreed to purchase a 280-unit multi-family apartment community in Kansas City, Missouri. The complex, known as The Manor Homes of Arborwalk (Arborwalk), will be purchased for $37.25-million U.S.
Canadian Apartment Magazine
Publisher’s CEO of the Year: Greg Romundt
Centurion’s Greg Romundt knows a thing or two about running a successful business operation. With a background in investment banking and a true passion for
Canadian Apartment Magazine
CAPREIT lauded as a top Canadian employer
CAPREIT has been named one of Canada’s top 50 employers of 2014.
Canadian Property Management
Twenty years of Canadian REITs
First established in 1993, Canadian Real Estate Investment Trusts (REITs) have evolved to become an important investment class for both shareholders and the economy as a whole.
Canadian Apartment Magazine
Investing in REITs instead of property
What types of REITs are available in Canada and are they all stable investments? The Real Property Association of Canada's Carolyn Lane weighs in.