Northview Apartment REIT
High-yield residential real estate investments in secondary Canadian markets with strong rental covenants and diversified portfolio.
| Date | Investors | Amount | Round |
|---|---|---|---|
$4.9b Valuation: $4.9b | Buyout | ||
| Total Funding | 000k | ||
Northview Canadian High Yield Residential Fund focuses on multi-residential real estate opportunities in secondary markets across Canada. The company offers a geographically diversified portfolio, including 11,000 multi-residential suites, 1.1 million square feet of commercial space, and executive suites. Northview serves a variety of clients, including government entities and credit-rated corporations, ensuring stable and secure leases. The business operates primarily in eight provinces and territories, targeting areas with high barriers to entry and strong rental covenants. Northview's business model revolves around acquiring and managing high-yield properties, generating revenue through rental income and property appreciation. The company aims to deliver a 10.5% annual cash distribution on gross proceeds to its investors.
Keywords: multi-residential, real estate, secondary markets, high-yield, diversified portfolio, rental income, property management, Canada, government leases, credit-rated corporations.