Despite posting a net loss of $54.56 million in its third quarter ended Sept. 30, there were positive messages coming from InterRent REIT (IIP-UN-T) executives during its Nov. 1 conference call to discuss its financial results and business initiatives.
Starlight’s Western Canada Multi-Family (No. 2) Fund has an agreement to acquire a six-storey mid-rise building with 106 apartments in Langford, B.C., a $43.5-million transaction which will fully deploy equity from the fund’s initial public offering.
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