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National

Northview to convert to REIT, acquire $742M in apartment portfolios

Don Wilcox Residential Apartments National Jun. 12 2023

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.

Ontario Teachers' to split CF into 2 entities, CEO Sullivan to retire

Commercial Investment National Jun. 12 2023

Cadillac Fairview will be split into two entities under a new operating model announced by The Ontario Teachers’ Pension Plan, which includes the retirement of president and CEO John Sullivan. Ontario Teachers will establish an in-house real estate group.

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