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International

Avenue Living acquires 386 U.S. apartments, crosses 15,000-homes plateau

Mario Toneguzzi Residential Apartments International Oct. 13 2022

Calgary-based Avenue Living’s $52-million USD acquisition of a 386-unit multi-family rental property in Columbus, Georgia has pushed the real estate company’s portfolio to more than 15,000 multi-family homes in 23 regions across North America.

Tricon Residential to sell $315M stake in U.S. multires portfolio

Don Wilcox Residential Apartments International Oct. 12 2022

 Toronto-based Tricon Residential Inc. says it has an agreement to sell its remaining 20 per cent stake in a portfolio of 23 U.S. Sun Belt apartment buildings for $315 million.

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