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Canada’s Largest Apartment REIT Sells Calgary Townhome Property

Affordable Housing Complex Considered Non-Core Following Recent Portfolio Evaluation
The disposition of 188-suite Queen’s Park Village Townhomes follows recent acquisitions of newer properties by CAPREIT. (CoStar)
The disposition of 188-suite Queen’s Park Village Townhomes follows recent acquisitions of newer properties by CAPREIT. (CoStar)
By Jessica Stevenson
CoStar Research
July 20, 2020 | 2:43 P.M.

Canadian Apartment Properties Real Estate Investment Trust, known as CAPREIT, announced the disposition of the Queen’s Park Village Townhomes for $30.5 million, or about $162,000 per unit.

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News | Canada’s Largest Apartment REIT Sells Calgary Townhome Property