7 November 2024
Mondev and Hillpark Capital Complete Landmark $107M Apartment Sale
KRB is pleased to have acted as legal counsel for Mondev and Hillpark Capital in their recent sale of a major multi-residential property in Montreal, valued at $107 million. Our Real Estate team, including Diana Lyrintzis, Brianna Bertone, and Linda Crisafulli, provided strategic guidance throughout this transaction, which saw InterRent REIT and Crestpoint Real Estate Investments acquire the premium apartment asset.
As one of the most notable single-asset, multi-residential sales in Montreal in recent years, this transaction underscores the city’s robust real estate market and highlights the value of well-positioned, high-quality assets in attracting top-tier investors. This sale further empowers Mondev and Hillpark Capital to pursue their missions of shaping vibrant, sustainable communities and capitalizing on growth opportunities in a dynamic market.