Skyline Apartments Real Estate Investment Trust has bought two multi-family rental buildings in Greater Victoria, totalling 187 units, for a combined price of $57 million.
Breakdown:
Property type: Multi-family rental
Location: Greater Victoria
Number of buildings: Two
Number of units: 187
Purchase price: $57 million
Date of sale: September 11, 2019
Buyer: Skyline Apartment Real Estate Investment Trust
Brokerage: IPA, a division of Marcus & Millichap
Agent: Bradyn Arth