CAPREIT completes the portfolio sale of 717 residential units to the City of Montréal

KRB is proud to have acted as CAPREIT’s trusted legal advisor in its portfolio sale of 717 residential units to the City of Montreal for $103,800,000.

CAPREIT is Canada’s largest publicly traded provider of quality rental housing and owns approximately 48,700 residential apartment suites, townhomes and manufactured home community sites across Canada and the Netherlands.

Our Real Estate team, consisting of Marie-Claude David, Chris Karambatsos, and Linda Crisafulli, worked closely with the CAPREIT team to ensure the smooth completion of the transaction within a complex regulatory framework.

Congratulations to CAPREIT and all parties involved!