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Category: Residential

Bid dropped, Pure Multi-Family ends sale process

RENX Staff Residential Transactions National Aug. 24 2018

Pure Multi-Family REIT LP (RUF-U-X) has terminated its potential sale after the lone remaining suitor dropped its bid this week. The process began back in April following two unsolicited takeover offers by U.S.-based multi-residential investor Electra America. Both offers were rejected because

RioCan, Boardwalk JV on Calgary Brio apartment project

Mario Toneguzzi Residential Development Calgary Aug. 23 2018

Calgary-based Boardwalk Real Estate Investment Trust (BEI-UN-T) has partnered with RioCan Real Estate Investment Trust (REI-UN-T) to build a 162-unit multi-residential rental tower in the Brentwood Village shopping centre in Calgary.  The mixed-use development joint venture, named Brio, will include a stepped

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