Minto Apartment REIT sells two apartment buildings, reduces debt
Minto Apartment REIT (MI-UN-T) has sold its remaining two Edmonton apartment properties for $32.3 million and used the proceeds from the transaction to lower its debt.
Minto Apartment REIT (MI-UN-T) has sold its remaining two Edmonton apartment properties for $32.3 million and used the proceeds from the transaction to lower its debt.
Property taxes are among the largest operating expenses for commercial property owners. In today’s high interest rate and inflationary environment, proactive strategies are required to minimize, and not merely manage, this cost.