Crestpoint Real Estate Investments Ltd., and Minto Group are teaming up to acquire and take Minto Apartment Real Estate Investment Trust (MI-UN-T) private in an all-cash transaction which values the REIT at approximately $2.3 billion.
G2S2 Capital, a major investor in Ravelin Properties REIT (RPR-UN-T), has provided it a further lifeline by extending forbearance on loans of almost $600 million. G2S2 also assumed US$84 million in debt on a Chicago office building.
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