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Category: Residential

Avenue Living doubles portfolio in 18 months, tops $3B in AUM

Mario Toneguzzi Residential Development National Oct. 4 2021

Calgary-based real estate company Avenue Living Asset Management began in 2006 with the purchase of 24 rental units for $3 million in Brooks, Alberta. Just recently, the company surpassed $3 billion in assets under management (AUM), building a portfolio that

CAPREIT sells interest in T.O. King’s Club, buys 3 Quebec apts.

Don Wilcox Residential Transactions Oct. 4 2021

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has sold two properties in Toronto for about $143 million, including its one-third managing interest in the downtown King’s Club, and acquired a portfolio of three modern apartment buildings in Quebec City.

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