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Alberta

Lanesborough REIT selling assets to buy time

Paul Brent Commercial Transactions National Apr. 28 2016

With a major exposure to the recessionary Alberta market and the oil sands epicentre of Fort McMurray in particular piling up losses, Lanesborough REIT‘s (LRT.UN-T) survival plan is simple: sell properties to keep afloat.  The Winnipeg-based company recently unloaded a multi-residential property

Boardwalk remains optimistic about Alberta

Paul Brent Residential Market Trends Alberta Mar. 24 2016

Calgary-based Boardwalk REIT continues to build and buy despite Alberta’s current economic woes. “Are we going to sell some of our Alberta stuff? No, we think it is a great market to be in. We have been here before,” said Boardwalk president

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