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Alberta

CAPREIT bulks up liquidity with $740M portfolio sale to TPG: CEO

Don Wilcox Residential Transactions National Jul. 15 2024

UPDATED WITH QUOTES: CEO Mark Kenney says CAPREIT's (CAR-UN-T) move to sell 75 Canadian manufactured homes communities to TPG Real Estate for $740 million is another step toward becoming a pure-play apartment investor and manager.

Local, private investors snap up Edmonton's office properties

Mario Toneguzzi Commercial Office Edmonton Jul. 11 2024

The office investment sector in Edmonton is experiencing one overarching trend these days - the “total dominance of private buyers” in transactions during the past couple of years according to Avison Young’s Capital Markets Team.

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