NexLiving Communities Inc V.NXLV

NexLiving Communities Inc. is a Canadian multi-family real estate company. The Company's business is the ownership and management of multi-unit residential real estate with a focus on low-and mid-rise properties in bedroom communities in Canada. The Company owns approximately 2,030 units in New Brunswick, Ontario and Quebec. It has also developed a robust pipeline of qualified properties for potential acquisition. Its portfolio of multi-family assets in eastern Ontario and Quebec consists of approximately 16 properties and 991 units. The Company has approximately 604, 316 and 119 suites in Moncton, Saint John and Ontario respectively. Its properties offer a range of modern and updated suites with one to three bedrooms, with a variety of amenities and features that allow residents to experience a maintenance-free lifestyle. Property management is handled by third party providers on a contract basis. A condo or hospitality style level of service is part of the business model.