Canadian Apartment Properties Real Estate Investment Trust T.CAR.UN

Alternate Symbol(s): CDPYF

Canadian Apartment Properties Real Estate Investment Trust is a Canada-based provider of rental housing. The Company owns and manages interests in multiunit residential rental properties, including apartments, townhomes and manufactured home communities (MHC), principally located in and near urban centers across Canada. The Company owns approximately 64,200 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.7 billion of investment properties in Canada and Europe. The Company’s objectives are to maintain a focus on maximizing occupancy and responsibly growing occupied average monthly rent (Occupied AMR) in accordance with local conditions in each of its markets; grow FFO per unit, sustainable distributions and NAV per unit by actively managing its properties; invest capital within the property portfolio and adopt edge technologies and solutions; and maintain financial management.

TSX:CAR.UN - Post by User

Canadian Apartment Properties Real Estate Investment Trust

Bullboard Posts

Post by MOJOJONOon Jun 07, 2019 7:57pm

75 Views

Post# 29807873

Acquired New luxury rental property in Victoria BC

Wow nice $18.4 million locked in for 10 years @ 2.45%...

CAPREIT paid $26.5 million for the property, funded by its Acquisition and Operating credit facility. CAPREIT intends to secure a mortgage of $18.4 million with a rate of approximately 2.45% and a term of 10.0 years in the upcoming weeks.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec