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Content tagged with: Transactions

Bid dropped, Pure Multi-Family ends sale process

RENX Staff Residential Transactions National Aug. 24 2018

Pure Multi-Family REIT LP (RUF-U-X) has terminated its potential sale after the lone remaining suitor dropped its bid this week. The process began back in April following two unsolicited takeover offers by U.S.-based multi-residential investor Electra America. Both offers were rejected because

True North buys GTA, Calgary office buildings

RENX Staff Commercial Transactions Toronto / GTA Aug. 23 2018

True North Commercial Real Estate Investment Trust (TNT-UN-T) continues to grow its Canadian portfolio with the acquisitions of office buildings in Richmond Hill, Ont., and Calgary. The Calgary acquisition, announced late Thursday, is a 148,000-square-foot building at 1020 68th Ave.

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