Canadian Apartment Properties REIT is paying $110 million to expand its presence in the high-end segment of the Toronto apartment market, issuing real estate investment trust units to the buyer to get the deal done.
CAPREIT Expands Footprint in Toronto Luxury Apartment Market
REIT To Assume Debt and Issue Units To Pay Seller for Tower Hill East Apartments
By Garry Marr
CoStar News
September 23, 2021 | 2:39 P.M.
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IN THIS ARTICLE
- Properties
- Tower Hill East
330 Spadina Rd, Toronto, ON
- Companies
- Canadian Apartment Properties REIT
Real Estate