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Category: Residential

Blackstone makes $395M equity investment in Tricon

Don Wilcox Residential Investors National Aug. 27 2020

A syndicate led by Blackstone Real Estate Investment Trust Inc., (BREIT) will invest $395 million in Toronto-based rental housing company Tricon Residential via a preferred equity investment to lower the firm’s overall debt by about 10 per cent. The investment

CAPREIT buys SW Ontario apartments, expects more deals

Don Wilcox Residential Transactions Ontario Aug. 26 2020

The purchase of two Southwestern Ontario apartment properties for $50 million is likely just the first of a series of acquisitions in the coming months for Canadian Apartment Properties REIT (CAPREIT), its CEO says. “There is a very robust volume

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