Skyline Apartment REIT Purchases First Midland, ON Property

November 28, 2017 - Press Release

On Tuesday, November 28th, 2017, the Skyline Apartment REIT purchased its first property in the town of Midland, ON. 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.

Four floor apartment overlooking a marina
Four floor apartments with large balconies

151 Marina Park Avenue, Midland, ON

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”), 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 and other alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.

Skyline Apartment REIT is operated and managed by Skyline Group of Companies.

For media inquiries, please contact:

Jeff Stirling
Director of Marketing, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439(519) 826-0439 x 243

Related Articles:

Guelph Mercury: Investing for Income

October 1, 2009

Published in Life Steps, Special Advertising Feature...

Skyline Apartment REIT Acquires Kingston, ON Property

April 4, 2007

Skyline Incorporated of Guelph, Ontario announced April...

Skyline Apartment REIT Enters New City of Mascouche, QC

August 21, 2020

Skyline Apartment REIT buys Quartier 7 (Q7-1) in Mascouche

Disclaimer

The information provided on this website is for general information purposes only and is derived from sources that Skyline Apartment REIT believes are reliable. This website does not constitute an offer of, or solicitation for, the purchase and sale of any securities under any circumstances. Please read the confidential offering documents before investing, as they contain important information on fees and risk factor. Nothing herein should be construed as investment, legal, tax, regulatory or accounting advice.