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Investor Black Ridge enters Atlantic Canada with apartment purchase

Skyline exits New Brunswick after selling four-property portfolio
Black Ridge acquired Château Mapleton, a 206-unit apartment community in Moncton, as part of a $132 million portfolio purchase from Skyline Apartment REIT. (CoStar)
Black Ridge acquired Château Mapleton, a 206-unit apartment community in Moncton, as part of a $132 million portfolio purchase from Skyline Apartment REIT. (CoStar)
CoStar News
August 13, 2026 | 3:21 P.M.

A fast-growing Montreal real estate investor has expanded into Atlantic Canada with the acquisition of a 678-unit apartment portfolio from Skyline Apartment REIT, marking the latest deal between the buyer and the Guelph, Ontario-based landlord.

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