Northview Canadian High Yield Residential Fund Announces January Distribution, Payable on February 16, 2021
January 15, 2021 at 05:15 pm EST
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Northview Canadian High Yield Residential Fund announced its January 2020 cash distribution amounts on its outstanding CAD 0.10476 per Class A Unit, representing approximately CAD 1.26 per Unit on an annualized basis; CAD 0.11056 per Class C Unit, representing approximately CAD 1.33 per Unit on an annualized basis; CAD 0.10807 per Class F Unit, representing approximately CAD 1.30 per Unit on an annualized basis, payable on February 16, 2021 to holders of Units of record at January 29, 2021.
Northview Residential REIT is a Canada-based real estate investment trust. The Company is engaged in indirectly acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. Its properties include multi-residential properties, commercial properties, and execusuite properties. Its multi-residential properties include Dawson Townhomes, Ridgeview Apartments, Parkview Apartments, Tuscany Manor, County Squire A and B, Willowbrook Townhomes, Mt. Glacier Apartments, and Springhill Apartments, among others. Its commercial properties include the Franklin Manor Building, Bristol Court Sun Life, Blackstone Federal Building, Mack Travel Building, Shoppers Drug Mart, NWT Commerce Place, and others. Its execusuite properties include Inuvik Capital Suites, Capital Suites, and Iqualit Capital Suites. The Company operates more than 14,600 multi-residential suites and execusuites.