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Content tagged with: Apartments

Northview to convert to REIT, acquire $742M in apartment portfolios

Don Wilcox Residential Apartments National Jun. 12 2023

Management of the Northview Canadian High-Yield Residential Fund (NHF.UN-T) has announced a recapitalization plan which involves its conversion back to a REIT, the acquisition of three multiresidential portfolios for $742 million and increased investment from affiliates of Starlight Investments and KingSett Capital.

Minto REIT nixes option to buy Ottawa apt. building

Nicholas Sokic Residential Apartments Ottawa Jun. 12 2023

Minto Apartment Real Estate Investment Trust has terminated its agreement to buy the Fifth + Bank building in Ottawa, constructed and operated by its parent company Minto Properties Inc. (MPI).

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