True North Commercial Real Estate Investment Trust (TSX:TNT.UN) agreed to acquire Harvester Property for CAD 22.8 million on December 18, 2017. The purchase price is exclusive of closing costs. True North Commercial Real Estate Investment Trust expects to finance the transaction by a combination of mortgage financing in the amount of approximately CAD 14.89 million, with an interest rate of approximately 3.36% for a seven-year term and cash on hand. The closing of the transaction is expected to occur on or about January 18, 2018. True North Commercial Real Estate Investment Trust (TSX:TNT.UN) completed the acquisition of Harvester Property on January 18, 2018.