Northview Fund Announces July Distribution, Payable on August 15, 2023
July 21, 2023 at 02:30 am IST
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Northview Fund announced its July 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the ?Units?), payable on August 15, 2023 to holders of Units of record at July 31, 2023. CAD 0.05208 per Class A Unit, representing approximately CAD 0.63 per Unit on an annualized basis; CAD 0.05497 per Class C Unit, representing approximately CAD 0.66 per Unit on an annualized basis;CAD 0.05373 per Class F Unit, representing approximately CAD 0.64 per Unit on an annualized basis.
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.