TORONTO, Dec. 16, 2019 /CNW/ - Continuum Residential Real Estate Investment Trust (the "REIT"), an affiliate of Q Management LP, and Starlight Investments ("Starlight") today announced they have received all regulatory approvals and the sale of the 44-building portfolio to Starlight has closed. Starlight has acquired the REIT's multi-residential portfolio (the "Portfolio") for a gross purchase price of $1.732 billion. The Portfolio is comprised of 44 high-rise concrete buildings located primarily in the Greater Toronto Area and contains 6,271 rental suites. ABOUT CONTINUUM
The REIT is ...Full story available on Benzinga.com.