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”), the preferred Exempt Market Dealer for the REIT. It is also available on Fundserv (Code: RBS2400).
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 about additional 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 StirlingVice President, Corporate Marketing & Communications, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x243
Related Articles:
$4.3+ billion Skyline Apartment REIT announces distribution per Unit increase
September 28, 2022
[Guelph, Ontario – September 28, 2022] A $4.3+...Important Announcement: Skyline Apartment REIT Increases Unit Price
February 5, 2016
The Skyline Apartment REIT just announced a 5.5% increase...Skyline Apartment REIT sells Regina, Saskatchewan property
July 30, 2021
[Guelph, ON – July 30, 2021] On July 30, 2021,...