Equiton Closes on Third Kingston PropertyOctober 1, 2018
FOR IMMEDIATE RELEASE: OCTOBER 1, 2018
EQUITON RESIDENTIAL INCOME FUND TRUST ACQUIRES
THIRD KINGSTON PROPERTY
BURLINGTON, ON – On September 28, 2018, the Equiton Residential Income Fund TRUST completed the purchase of a 24-unit apartment building in Kingston, Ontario. The building will add to the existing portfolio in the area. The building is in a good location within a few minutes drive to the St. Lawrence River, shopping, restaurants, Highway 401 and Queen’s University. Kingston has a population of over 172,000 residents and within an eight-hour drive represents the third largest GDP concentration in North America.
Equiton is a private equity firm that specializes in providing private market real estate investments to Canadians. It is led by a senior team of industry veterans who have more than 100 years of combined real estate, investing and management experience. Collectively they have overseen the acquisition and management of over $10 billion in real estate, developed over 100 million square feet of real estate projects and overseen a combined portfolio of more than 10,000 apartments in Canada and the United States.
For more information see: https://www.equiton.com
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