Skyline Apartment REIT Purchases First Midland, Ontario Property
November 28, 2017 - Press Release
On Tuesday, November 28th, 2017, the Skyline Apartment REIT purchased its first property in the town of Midland, Ontario. The newly-developed property at 151 Marina Park Avenue was purchased for $15.3M, and is comprised of 55 apartment units.
See more information about this newly-developed Skyline community.
151 Marina Park Avenue, Midland, Ontario
Post-acquisition, the Skyline Apartment REIT comprises 182 properties in 48 communities across six provinces, with 15,985 apartment units.
About Skyline Apartment REIT
Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada.
Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the exclusive Exempt Market Dealer for the REIT.
Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors.
To learn more about Skyline Apartment REIT, please visit SkylineApartmentREIT.ca.
To learn more about Skyline Apartment REIT and other alternative investment products offered through Skyline Wealth Management, please visit SkylineWealth.ca.
Skyline Apartment REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:
Cindy BeverlyVice President, Marketing & Communications
Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, Ontario N1H 2S8
cbeverly@skylinegrp.ca
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