On Monday, August 21st, 2017, the Skyline Apartment REIT purchased its 26th property in the city of Windsor, ON. The property at 3170 and 3190 Donnelly Street consists of two buildings. It was purchased for $5.5M and consists of 87 suites.
On Friday, May 12th, 2017, the Skyline Apartment REIT purchased its 7th building in the city of Brantford, ON. The property at 335 Dunsdon Street was purchased for $33.4M and has 151 suites, bringing Skyline Apartment REIT's total suite count in Brantford to 801.
On April 28th, 2017, the Skyline Apartment REIT acquired its second property in the town of Tillsonburg, ON. The property at 148 Concession Street East was purchased for $4.1M, and has 47 units, bringing Skyline Apartment REIT's total unit count in Tillsonburg to 146.
On April 27, 2017, the Skyline Apartment REIT purchased its third property in the town of Fergus, ON. The property at 250 Queen Street East was purchased for $8.1M and has a total of 67 units, bringing Skyline Apartment REIT's total unit count in Fergus to 292.
On Thursday, March 30, 2017, the Skyline Apartment REIT acquired a 4-property portfolio across southwestern Ontario. The portfolio's total purchase price was $36.3M, with a total unit count of 440 for the entire portfolio.
We are pleased to announce an increase in Unit Price for each of Skyline's three REIT investment products!
On September 20th, 2016, the Skyline Apartment REIT acquired a newly-developed property at 2703, 2707, 2711 & 2715 James Mowatt Trail SW, in Edmonton, AB.
On Thursday, August 25, the Skyline Apartment REIT acquired a 118-unit apartment community at 104 Confederation Drive in St. Thomas, ON. This property is the Apartment REIT’s second purchase in the city of St. Thomas, and was purchased for $11.8M. Skyline is now one of the city’s biggest landlords, operating approximately 14% of the apartments in St. Thomas.
On Monday, August 15th, the Skyline Apartment REIT acquired a 232-unit luxury apartment building in Red Deer, AB. The "Vanier Woods" property at 39 Van Slyke Way was purchased for $41.8M, and is located in the southeast Vanier Woods neighbourhood of Red Deer.
The Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, purchased five Sarnia apartment properties on Wednesday, July 6th, totaling 346 apartment suites. The REIT’s purchase doubled its number of existing apartment units in Sarnia, bringing the total count to 668.
On Friday, June 3rd, 2016, Skyline Apartment REIT acquired a newly-developed, accessible luxury apartment complex at 555 Park Road North, Brantford, ON.
Top 10 Real Estate Investment Trusts (REITs) - According to Rental Housing Business Magazine
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