One of Canada’s most iconic hotel and resort properties, the Fairmont Chateau Montebello on the banks of the Ottawa River midway between Ottawa and Montréal, is now for sale after being pushed into receivership last year.
GO Residential REIT (GO-U-T), registered in Toronto, has agreements to acquire three multifamily properties in Manhattan for $380.5 million (all figures US), which would amount to adding over 600 units and 533,000 square feet to its portfolio.
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