Skyline Apartments

Skyline Apartment REIT announces increases to Unit Price and Distribution Rate as a result of strong 2022 performance

Retrieved on: 
Tuesday, March 21, 2023
REIT, Distribution, DRIP, Legislation, Skyline Apartments, Skyline, Exempt market dealer, Real estate, Cryptocurrency, Commercial property

Skyline Apartment REIT’s Class A Units are available through Skyline Wealth , a Canadian investment firm and the preferred Exempt Market Dealer for the REIT.

Key Points: 
  • Skyline Apartment REIT’s Class A Units are available through Skyline Wealth , a Canadian investment firm and the preferred Exempt Market Dealer for the REIT.
  • (2) The estimate is based on the compounded annual growth rate, assuming an investor held units from April 1, 2022, to March 31, 2022, and was enrolled in the Distribution Re-Investment Program (DRIP).
  • (3) The annualized return is based on a single unit initial investment in the Skyline Apartment REIT inclusive of unit price changes and reinvested distributions.
  • Skyline Apartment REIT does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise.

Skyline Apartment REIT Looks Back on Strong Year; Anticipates High Demand for Rental Housing in 2023

Retrieved on: 
Monday, February 6, 2023
Housing, News, Organ, REIT, Unit, Government, RHB, Sale, Renting, CBC News, Skyline, Mary Street, Self storage, Property management, Real estate, Skyline Apartments

The equity surfaced from the sales will be used toward accretive property acquisitions to ensure maximum value for Skyline Apartment REIT Unitholders.

Key Points: 
  • The equity surfaced from the sales will be used toward accretive property acquisitions to ensure maximum value for Skyline Apartment REIT Unitholders.
  • In 2022, Skyline Apartment REIT completed construction on two new developments in communities with low vacancy rates.
  • At the time of groundbreaking in September 2020, Welland faced a low rental housing vacancy rate of 2.8%.
  • Skyline Apartment REIT donated the land for the development, and various businesses within Skyline Group of Companies (of which Skyline Apartment REIT is a part) will continue to provide expertise and resources until it is complete.

$4.3+ billion Skyline Apartment REIT announces distribution per Unit increase

Retrieved on: 
Wednesday, September 28, 2022
Exempt market dealer, Assets under management, Real, Real estate investment trust, REIT, Unit, Environment, Public expenditure, Phillips Edison & Company, Organ, AUM, RHB, GLOBE, Angelo Gordon, Real estate, Renewable energy, Self storage, Skyline Apartments

Effective August 17, 2022, the managing board of Skyline Apartment REIT approved an increase in distribution rate from $1.05 to $1.09 per Unit per annum.

Key Points: 
  • Effective August 17, 2022, the managing board of Skyline Apartment REIT approved an increase in distribution rate from $1.05 to $1.09 per Unit per annum.
  • Weve not only seen rising interest rates, but also limited supply levels and increased cost of home ownership throughout 2022 so far, said Matthew Organ , President, Skyline Apartment REIT.
  • Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (Skyline Wealth), the preferred Exempt Market Dealer for the REIT.
  • Skyline Apartment REIT is operated and managed by Skyline Group Of Companies.

Private investment firm Skyline Wealth hits $3 billion in wealth under administration

Retrieved on: 
Wednesday, December 8, 2021
ESG, Skyline Apartments, GLOBE, Entrepreneurship, Heart, Company, REIT, Exempt market dealer, Friends, Investment, Financial services, Security (finance), Real estate, Financial adviser

GUELPH, Ontario, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Skyline Wealth Management Inc. (Skyline Wealth), a Canadian investment firm offering private alternative investments based in real estate and clean energy, has reached two significant milestones in 2021.

Key Points: 
  • GUELPH, Ontario, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Skyline Wealth Management Inc. (Skyline Wealth), a Canadian investment firm offering private alternative investments based in real estate and clean energy, has reached two significant milestones in 2021.
  • Based in Guelph, ON, Skyline Wealth was launched in 2011 as the investment arm of Skyline Group of Companies , a fully integrated asset acquisitions, management, development, and investment entity.
  • Skyline Wealth Management Inc. (Skyline Wealth) is a boutique investment firm offering a shelf of privately owned and managed alternative investment products, specialized in the real estate and clean energy industries.
  • Skyline Wealth is the preferred Exempt Market Dealer of four alternative investment products: Skyline Apartment REIT, Skyline Commercial REIT, Skyline Retail REIT, and Skyline Clean Energy Fund.