Skyline Apartment REIT Reaches 20,000 Suite Milestone

July 27, 2021 - Press Release

[Guelph, ON – July 27, 2021]

 

On July 27, 2021, Skyline Apartment REIT celebrated its 20,000 suite milestone with a special event at a property in Sarnia, Ontario.

The property at 131 Maxwell Street was part of a portfolio in Sarnia and Niagara Falls that was purchased by the REIT in April 2021, bringing the REIT to its 20,000-suite count.

Staff across Skyline Apartment REIT, Skyline Living (the property manager for properties within the REIT), and other parts of Skyline Group of Companies got together for the celebration.

Bill Dennis, Councillor for the City of Sarnia, attended the event and spoke of Skyline’s meaningful presence in the city. Skyline Apartment REIT currently has 1,281 suites in Sarnia.

As part of the celebration, the REIT also presented a $5,000 donation to Big Brothers Big Sisters of Sarnia-Lambton.

“We’ve found great integration among our management teams, which has allowed Skyline Apartment REIT to achieve 20,000 suites,” said Matthew Organ, President, Skyline Apartment REIT.

“This teamwork will be a key component to the REIT pushing on to the next level.”

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:

Bethany Curtis
Manager, Content Marketing and Communications
Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x231

Related Articles:

Skyline Apartment REIT Acquires Timmins, ON Property

January 14, 2008

Skyline Incorporated of Guelph, Ontario announced January...

Skyline Apartment REIT Acquires Additional Fergus, ON Property

April 27, 2017

On April 27, 2017, the Skyline Apartment REIT purchased...

Skyline Apartment REIT Acquires Property in St. Thomas, ON

July 30, 2018

On July 30, the Skyline Apartment REIT, a privately-owned...

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.