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Calgary

New investor group buying 3 Calgary apartment properties for $87.5M

Danny Kucharsky Residential Transactions Calgary Nov. 5 2024

The former president of Boardwalk REIT and current CEO of Nexus Industrial REIT are among a group of investors who will spend the equivalent of $87.5 million in cash and shares to purchase three Class A multifamily properties in Calgary with 149 units.

Diversification driving Calgary's economy, and its commercial real estate sector

Mario Toneguzzi Commercial Downtown Calgary Nov. 1 2024

Calgary has become more than a ‘one-trick pony’ relying on the oil and gas sector to fuel its economy. Investment in other sectors including technology is helping drive the city’s economic engine, and by extension its real estate market.

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 P.O. Box 1484, Stn. B
Ottawa, Ontario
K1P 5P6
Canada: 1-855-569-6300
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Email: thankyou@renx.ca
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