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Tricon to pay $1.9B, acquire Starlight U.S. Multi-Family No. 5 fund

RENX Staff Commercial Transactions International Apr. 2 2019

Tricon Capital Group (TCN-T) says it will acquire the Starlight U.S. Multi-Family No. 5 Core Fund (STUS-A-X) in an all-share transaction valued at about $1.9 billion (all figures Cdn unless specified). The fund comprises 23 multi-family properties totalling 7,289 units

WPT to buy 13 U.S. industrial properties, development land

RENX Staff Commercial Transactions International Mar. 26 2019

In one fell swoop, Toronto-based WPT Industrial REIT plans to increase its portfolio by almost 15 per cent with the purchase of 13 industrial buildings in major U.S. markets for US$226 million. WPT (WIR-U-T) announced the pending transaction Tuesday morning,

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