Minto Apartment REIT (MI-UN-T) has sold two rental housing properties to Ottawa Community Housing for $86 million in a transaction which is designed to lower its variable rate debt and also reduces the average age of its remaining portfolio.
Vancouver-based Nicola Wealth Real Estate (NWRE) raised more than US$100 million for its closed-ended Nicola U.S. Multi Family Limited Partnership fund in 45 days to take advantage of an acquisition window south of the border.
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