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Ontario

CAPREIT buys SW Ontario apartments, expects more deals

Don Wilcox Residential Transactions Ontario Aug. 26 2020

The purchase of two Southwestern Ontario apartment properties for $50 million is likely just the first of a series of acquisitions in the coming months for Canadian Apartment Properties REIT (CAPREIT), its CEO says. “There is a very robust volume

InterRent to acquire Hamilton, London apt. portfolio

RENX Staff Residential Transactions Ontario Aug. 25 2020

InterRent Real Estate Investment Trust (IIP-UN-T) is acquiring a five-property apartment portfolio in Hamilton and London, Ont., comprising 723 units for $170.7 million. The REIT says the agreement is unconditional and scheduled to close in September. “We are extremely pleased

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