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Ottawa

CAPREIT acquires Ottawa apartment for $61M

Nicholas Sokic Residential Transactions Toronto / GTA Mar. 1 2023

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has expanded its portfolio in the nation's capital with the $61-million acquisition of Eagle Pointe apartments in suburban Ottawa.

Dream Impact Q4 2022 financials: Distribution cut, asset writedown

Steve McLean Residential Development Toronto / GTA Feb. 21 2023

Dream Impact Trust (MPTC.UN-T) will reduce its distribution by 60 per cent and a large fair value loss on a small interest in Virgin Hotels Las Vegas contributed to a $44.86-million net loss in the fourth quarter ended Dec. 31.

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