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Category: Commercial

Tricon to pay $1.9B, acquire Starlight U.S. Multi-Family No. 5 fund

RENX Staff Commercial Transactions International Apr. 2 2019

Tricon Capital Group (TCN-T) says it will acquire the Starlight U.S. Multi-Family No. 5 Core Fund (STUS-A-X) in an all-share transaction valued at about $1.9 billion (all figures Cdn unless specified). The fund comprises 23 multi-family properties totalling 7,289 units

CAPREIT buys 23 more Canadian MHCs, CEO talks strategy

Evan Duggan Commercial Transactions National Apr. 2 2019

New Canadian Apartment Properties Real Estate Investment Trust CEO Mark Kenney isn’t wasting any time putting his stamp on the trust, announcing its second major purchase of manufactured homes communities (MHCs) in the past three weeks. The latest acquisition of 23

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