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International

CPP Investments, Greystar to invest $1B in U.S. single-family rentals

Don Wilcox Residential Rentals International Dec. 8 2021

CPP Investments is expanding its multi-billion-dollar partnerships with U.S.-based Greystar Real Estate Partners LLC, announcing a $1.06-billion (all figures Cdn) joint venture in the single-family rental community sector. CPP is taking a 95 per cent stake in the joint venture

Montreal Sheraton Centre in $520M hotel portfolio acquisition

RENX Staff Commercial Transactions International Dec. 7 2021

The 825-room Montreal Sheraton Centre is among a portfolio of five North American properties to be acquired in a $520-million (all figures Can) transaction by special purpose acquisition company VM Hotel Acquisition Corp. (VMH-U-T). The properties, which are all considered

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