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Private REIT buys rental multiplex in downtown Sudbury

Purchase of apartments represents 'disciplined investment in a market we know well,' Virtus Diversified CEO says
Virtus Capital Corp., the asset manager for Virtus Diversified REIT, purchased the 23-unit, three-storey building for $3.3 million. (Virtus Diversified REIT)
Virtus Capital Corp., the asset manager for Virtus Diversified REIT, purchased the 23-unit, three-storey building for $3.3 million. (Virtus Diversified REIT)

Virtus Diversified REIT has bolstered its foothold in Sudbury with the acquisition of a 23-unit, low-rise multiplex in the city’s amenity-rich downtown.

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