November 02, 2020

Acquisition of Northview Apartment REIT in a Transaction Valued at $4.9 Billion

Goodmans LLP represented the Special Committee of Northview Apartment REIT (the “REIT”) in connection with the acquisition of the REIT by affiliates of Starlight Group Property Holdings Inc. and KingSett Capital Inc.

The transaction, valued at approximately $4.9 billion, including approximately $2.5 billion on a fully diluted basis and the assumption of net debt, represents the largest acquisition in the Canadian multi-residential sector in history.

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Acquisition of Northview Apartment REIT in a Transaction Valued at $4.9 Billion

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