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Hundreds of millions in commercial real estate deals, despite pandemic


1. 945 Reunion Ave., Langford
Price: $60 million
Improvements: 156 unit multi-family apartment building
Vendor: Ledcor Property Investments, Vancouver
Purchaser: Killam Apartment REIT, Halifax
The Crossing At Belmont is the rental component of Belmont Market, a 160,000-square-foot outdoor shopping centre with anchor Thrifty Foods. The rental units have condo-like amenities and there is a rent-to-own program for tenants to save down payments to purchase across the street at the Belmont Residences strata building.
2. 2861 Craigowan Rd., View Royal
Price: $54 million
Improvements: 161 units
Purchaser: Killam REIT, Halifax
The Christie Point Apartments is a unique property on its own peninsula in Portage Inlet The waterfront property has a ­variety of low-density ­buildings originally constructed in the 1960s. Improvements call for five two-storey apartment ­buildings and four two-storey townhouse buildings. ....

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