Minto Apartment REIT (MI-UN-T) has an agreement to sell its 17-storey apartment building at 150 Roehampton Ave. in Toronto as the trust prepares for the closing of its take-private transaction with its parent company Minto Group and Crestpoint Real Estate Investment Ltd.
GUEST SUBMISSION: Long-term renting is becoming the default housing option for many Canadians. With constant shifts in life patterns, the cost of living and interest rates, renting remains popular - but multifamily operators must adapt their offerings to accommodate this.
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