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Toronto / GTA

NexLiving to acquire 991 Devcore apts. in stock, debt transaction

Don Wilcox Residential Transactions Atlantic Canada Jan. 22 2024

Halifax-based NexLiving Communities has entered an agreement with Gatineau, Que.'s Devcore to acquire a $224 million portfolio of 16 multifamily properties comprising 991 apartments. The all-stock transaction also involves assumption of mortgage debt by NexLiving.

Foreign buyers dominate GTA, GGH Top-10 CRE transactions of 2023

Steve McLean Commercial Transactions Toronto / GTA Jan. 19 2024

Commercial real estate investment volume fell to a combined $28.5 billion in the GTA and GGH from $41.2 billion in 2022, according to Altus Group data. There was also a geographic shift in companies completing major acquisitions.

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 P.O. Box 1484, Stn. B
Ottawa, Ontario
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Email: thankyou@renx.ca
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