UPDATED WITH QUOTES: CEO Mark Kenney says CAPREIT's (CAR-UN-T) move to sell 75 Canadian manufactured homes communities to TPG Real Estate for $740 million is another step toward becoming a pure-play apartment investor and manager.
Boardwalk REIT (BEI-UN-T) has announced a series of apartment building acquisitions in Calgary comprising 324 units for $118.2 million. The largest of the properties is Elbow 5 Eight, an under-construction mid-rise with 255 apartments.
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