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Category: Residential

Blackstone, Selection Group JV on 13 Quebec seniors homes

RENX Staff Residential Transactions Greater Montreal Aug. 11 2021

Blackstone Real Estate Group has entered the Canadian seniors housing market, creating a joint venture with Selection Group to acquire a portfolio of 13 seniors’ housing residences in Quebec containing 3,548 independent-living units. The properties are concentrated in the Montreal

First Capital executes $400M in sales, development JVs

Steve McLean Residential Development Toronto / GTA Aug. 11 2021

First Capital REIT has agreements to sell three of its Western Canadian shopping centres, and has entered into partnerships on two major Toronto development properties. In total the four transactions amount to approximately $400 million. The REIT is selling neighbouring

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