Canadian Apartment Properties Real Estate Investment Trust (CAP REIT) is an open-end real estate investment trust. CAP REIT owns interests in multi-unit residential rental properties, including apartments, townhouses and lease communities located in and near major urban centers across Canada. As of December 31, 2008, CAP REIT had ownership interests in a portfolio that included 27,614 residential suites (CAP REIT’s share, 26,459 suites) and two Ontario adult lifestyle land lease communities comprising 1,278 sites, diversified by geographic location and asset types. On January 10, 2008, CAP REIT acquired two adjoining apartment properties located in North Toronto. On January 18, 2008, CAP REIT sold ten non-core properties consisting of 558 suites in Ontario and 920 suites in Quebec. On April 8, 2008, CAP REIT acquired nine land lease sites. On August 29, 2008, CAP REIT acquired a 137-suite apartment building in Victoria, British Columbia.
(Source: ARS) – less–ZoomInfo