CAPREIT Announces Strategic Sale of 75 Manufactured Home Communities Portfolio for C$740 Million to TPG Real Estate Linked Firm, Facts-Insights-Analysis Beyond Press Release-Reports; MHMarkets
Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced an agreement on “with an entity controlled by TPG Real Estate to sell its manufactured home community (“MHC”) portfolio for a gross purchase price of $740.0 million (excluding transaction costs)” on 7.15.2024. Yahoo said C$740.0 million (Canadian dollars) “is about …