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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 1,998 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. 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.


TSXV:NXLV - Post by User

Post by Tslayeron Jan 23, 2024 12:31pm
98 Views
Post# 35841080

Acquisition/ Merger

Acquisition/ MergerFinally. Some momentum after announced purchase. It will take a while to break even but hopefully by the end of 2024 it will be close. 
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