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News, Skyline Apartment REIT

Skyline Apartment REIT Completes Sale of Ridgetown, Ontario Properties

On October 11th, 2019, Skyline Apartment REIT completed the sale of three properties in Ridgetown, Ontario, for $10.37 M. The properties are comprised of three buildings with a total of 109 suites.

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Skyline Apartment REIT Grows into Langford, British Columbia

On September 11, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of The Enclave and Meaford Heights, two multi-residential properties in Langford, British Columbia, for a combined price of $57.0 million.

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Skyline Apartment REIT Continues to Grow in Sarnia, Ontario

On August 22, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of Clair Oak Apartments, a multi-residential property in Sarnia, Ontario, for $7.8 million.

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Skyline Apartment REIT Acquires New-Build Apartment Complex in Stratford, Ontario

On August 1, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of Oxford Haus Apartments, two multi-residential properties in Stratford, Ontario, for $31.55M.

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Skyline Apartment REIT Expands in Mirabel With $17.2M Acquisition

On July 15, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of M7- the newest phase of the M3 Condos Locatifs development acquired by the REIT in February 2019.

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Skyline Apartment REIT Continues to Grow in Nova Scotia

On June 24, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of The Vincent Coleman, a multi-residential property in Halifax, Nova Scotia, for $27.7M.

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Skyline Apartment REIT Completes Sale in Ingersoll, Ontario

On May 13th, 2019, Skyline Apartment REIT completed a disposition transaction of 2 properties (7 buildings, total of 164 units) in Ingersoll, Ontario, to London-based private owner, York Property Management for $15.7 M. The properties had been acquired in February 2008 and were owned and managed by Skyline until the time of disposition.

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Skyline Apartment REIT Enters Manitoba with Winnipeg Purchase

On April 17, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced their entrance into the Manitoba market with the acquisition of three newly developed multi-residential properties for $71.6M.

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Skyline Apartment REIT Continues to Grow in Dartmouth, Nova Scotia

On April 10, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of The Hazelton, a newly developed multi-residential property for $22.27M.

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Skyline Apartment REIT Enters Vernon, British Columbia

On March 14, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of Rockwood Landing, a newly developed multi-residential property for $13.3M. The acquisition is a five-story mid-rise apartment building (consisting of 60 units) and is the REIT’s first acquisition in Vernon, British Columbia. 

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Skyline Apartment REIT Grows in Edmonton with $55.8M Deal

Skyline Apartment REIT is pleased to announce the acquisition of Portofino Suites– 2 multi-residential buildings 11440 & 11444 Ellerslie Road SW, Edmonton, Alberta. This $55.8M transaction closed December 18th and is the fund’s fourth acquisition in Edmonton.

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Skyline Apartment REIT Grows in Sarnia with $2.375M Deal

On December 11, 2018, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, finalized a deal to purchase a 32-unit, multi-residential property for $2.375M. The purchase of 396 Exmouth Street is the 13th for Skyline Living’s Sarnia, Ontario portfolio.

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Environmental stewardship, social responsibility, and ethical governance factors are important across all areas of Skyline. With every business decision we make, we’re fulfilling our mission to provide a better standard of living for our communities, and to maintain an accessible and inclusive environment for our people and our customers.

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