Halifax-based NexLiving Communities has entered an agreement with Gatineau, Que.'s Devcore to acquire a $224 million portfolio of 16 multifamily properties comprising 991 apartments. The all-stock transaction also involves assumption of mortgage debt by NexLiving.
Blackstone (BX-N) has announced it plans to acquire all outstanding shares of Toronto-based Tricon Residential Inc. (TCN-T) and take the firm private in a $3.5 billion equity transaction (all figures U.S. unless otherwise stated).
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