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Alberta

Unitii sells Calgary apartment tower, plans to build new multires

Mario Toneguzzi Residential Transactions Calgary Mar. 22 2024

Calgary-based Unitii Corp. recently sold a 179-unit residential rental high-rise in Calgary and has several hundred residential rental units in the development pipeline for the future in both Victoria and Calgary.

Firm Capital to Melcor management: Take REIT private

Don Wilcox Commercial REITs Alberta Mar. 14 2024

Unhappy with years of discounted stock prices, FC Private Equity Realty Management Corp. is calling for Melcor REIT’s (MR-UN-T) majority shareholder Melcor Developments to take the trust private in a buyout to return about $100 million to minority shareholders.

 

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