A joint venture between KingSett Capital and Starlight Investments, IMH Twin Lakes Apartment Ltd., sold the 57-unit, low-density rental property to Manulife Financial in North Vancouver, British Columbia, for $48 million, or $842,105 per unit.
Vancouver-area townhouse property trades for $48 million
Manulife Financial acquires 57-unit North Vancouver rental property from KingSett/Starlight in share sale
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IN THIS ARTICLE
- Properties
- Twin Lakes
3817 Princess Av, North Vancouver, BC
- Companies
- KingSett Capital
Finance and Insurance
- Manulife Financial Corporation
Finance and Insurance
- Contacts
- Kevin Meikle
Executive Vice President, JLL
- Earl Kufner
EVP, Capital Markets, Multifamily, JLL
- Michael Betsalel
EVP Capital Markets, Multifamily, JLL
- Edgar Buksevics
Executive Vice President, JLL