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.
Greybrook has announced the death of its founder, Elias Vamvakas, who helped build the Toronto-based private equity firm into an entity with real estate and health care investments valued in the billions of dollars. Vamvakas died after a battle with pancreatic cancer. He was 65.
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