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.
GUEST SUBMISSION: An examination of the City of Edmonton's Fiscal Gap Report clearly outlines a growing reliance on property taxes for funding, a situation that's not sustainable. Edmonton is not alone ... with limited funding sources, many cities face this problem.
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