CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Northview Apartment Real Estate Investment Trust ("Northview") (TSX:NVU.UN) today announced it has agreed to acquire a 1,250 unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. ("Starlight"), for an aggregate purchase price of $196.8 million, with a weighted average capitalization rate of 4.4%. In addition, Northview has agreed to a sale, to an independent third-party vendor, of a 216 unit non-core asset located in Kitchener, ON, for $37.7 million.