Vancouver-based EDGAR Development is proposing a mixed-use pedestrian-only redevelopment in New Westminster, B.C. which would comprise about 2,400 homes plus office and retail space in eight towers on the western edge of downtown.
Management of the Northview Canadian High-Yield Residential Fund (NHF.UN-T) has announced a recapitalization plan which involves its conversion back to a REIT, the acquisition of three multiresidential portfolios for $742 million and increased investment from affiliates of Starlight Investments and KingSett Capital.
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