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Category: Residential

Choice Properties income up, but takes Q2 loss as fair value dips

Steve McLean Residential Shopping Centres National Jul. 25 2022

Choice Properties REIT reported an $11.8-million net loss in Q2 2022, but some positives were also revealed in the July 22 earnings conference call covering the three months ended June 30. Choice (CHP-UN-T) reported six-month net income of $375.2 million,

Equiton acquires Brampton apartment building for $63M

Nicholas Sokic Residential Transactions Ontario Jul. 25 2022

The Equiton Residential Income Fund Trust (The Apartment Fund) has acquired a multiresidential property — known as Braemar Place — in Brampton, Ont., for $63.25 million. The 15-storey building at 78 Braemar Dr., across the street from the Bramalea City

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