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Category: Residential

New investor group buying 3 Calgary apartment properties for $87.5M

Danny Kucharsky Residential Transactions Calgary Nov. 5 2024

The former president of Boardwalk REIT and current CEO of Nexus Industrial REIT are among a group of investors who will spend the equivalent of $87.5 million in cash and shares to purchase three Class A multifamily properties in Calgary with 149 units.

InterRent, Crestpoint buy Montreal's Alba apartments for $107M

Steve McLean Residential Acquisition Greater Montreal Nov. 5 2024

InterRent REIT and Crestpoint Real Estate Investments Ltd. have acquired Alba, a 248-unit apartment building at 170 Rene-Levesque Blvd. E. in downtown Montreal, for $107 million from developer Mondev and Hillpark Capital.

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Alberta Atlantic Canada Banff British Columbia Calgary Charlottetown Edmonton Greater Montreal Greater Toronto / GTA Halifax Hamilton International Jasper Lethbridge Manitoba Metro Vancouver National Nova Scotia Ontario Ottawa Quebec Quebec City Regina Saskatchewan Saskatoon Surrey Toronto / GTA Victoria Waterloo Winnipeg Yukon / NWT / Nunavut
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