Canada is heading for a soft recession, but its effects should be slight thanks to the country’s “explosive” immigration-fuelled growth, an economist told this week’s Montreal Real Estate Forum.
Management of the Northview Canadian High-Yield Residential Fund (NHF.UN-T) has announced a recapitalization plan which involves its conversion back to a REIT, the acquisition of three multiresidential portfolios for $742 million and increased investment from affiliates of Starlight Investments and KingSett Capital.
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