BRIEF-CAPREIT enhances Ottawa presence with purchase of 850 townhomes

Thu Jun 30, 2016 6:23pm EDT
 
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June 30 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust

* CAPREIT paid approximately $180.3 million for portfolio

* Deal financed by $24.6 million mortgage maturing in Nov 2022 with 3.96% interest rate, new CMHC insured 10 year mortgage financings Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)