Skyline Apartment REIT Continues to Grow in Dartmouth, NS
April 10, 2019 - Press Release
On April 10, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of The Hazelton, a newly developed multi-residential property for $22.27M. The acquisition is a twelve-story high-rise apartment building (consisting of 89 units) with 4,577 square feet of retail space that will be managed under Skyline Apartment REIT’s portfolio. This acquisition is the REIT’s second acquisition in Dartmouth, NS.
“The Hazelton is an exciting addition to the Apartment REIT portfolio,” commented Matthew Organ, President of Skyline Apartment REIT. “This building is one of the finest examples of luxury apartment living in Dartmouth and we are proud to be a part of this community.”
Located at 39 Seapoint Road in Dartmouth, NS, this professionally managed building features many high-end amenities with stunning waterfront views and retail shops on the ground level. As part of the Skyline Living community, the Resident Manager of this portfolio will plan regular social events and charitable activities to help the tenants of the building be active members of the Dartmouth community.
Learn more about The Hazelton here.
Introduced in 2006, Skyline Apartment REIT is fully-managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisitions, management, and investment firm.
Post-acquisition, the Skyline Apartment REIT comprises of 198 properties in 55 communities across 7 provinces – ON, SK, NB, QC, AB, BC, NS – with 17,289 units and 655,178 square feet of commercial space.
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:
Director of Marketing, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439(519) 826-0439 x 243
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