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Pension fund buys out Westbank’s stake in one of Vancouver’s biggest housing projects

OPTrust takes 50% stake in Squamish Nation’s sprawling Senakw development
The first three towers at the Sen̓áḵw development with a total of 1,400 multifamily rentals are slated to open in 2026. (Justin Eckersall/CoStar)
The first three towers at the Sen̓áḵw development with a total of 1,400 multifamily rentals are slated to open in 2026. (Justin Eckersall/CoStar)
CoStar News
September 4, 2025 | 3:30 P.M.

Real estate developer Westbank has sold its stake in a 6,100-unit residential project under construction in Vancouver that's billed as one of the largest First Nations economic development projects in Canadian history.

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