Skyline Apartment REIT
Invest in a private real estate investment trust comprised of multi-residential buildings across Canada. An investment with stable historical returns.
Watch an info session about the fund!
Watch Now!Now Open for investment
ABOUT THE FUND | As at September 30th, 2021
Launched in 2006, Skyline Apartment Real Estate Investment Trust (REIT) is an income-producing opportunity to invest in a 100% Canadian diversified portfolio of primarily multi-family residential properties in secondary and tertiary markets with capital growth potential.
The objectives of the REIT are to provide investors with monthly cash returns and to increase the unit value by managing the current assets and acquiring new properties.
The portfolio is supported by an award-winning management team with an impressive track record of consistently delivering stable monthly distributions to its investors.
This investment is available to accredited investors and eligible investors.
INVESTMENT HIGHLIGHTS
Monthly Income
Monthly distributions or Distribution
Re-investment Plan (DRIP) available.
Capital Growth Potential
Potential for investment value to increase over time.
Registered Fund Eligible (RRSP, TFSA, RRIF, etc.)
Maximize your returns by investing through existing or new Registered accounts.
Potential Tax Efficiency
Skyline Apartment REIT may be a tax-efficient investment choice.
Geographic Portfolio Diversification
Diversified portfolio of Canadian multi-residential properties.
$50,000 Minimum Investment
Minimum of $50,000 required for initial investment.
No Redemption Fees 4
No surprise costs or fees upon redemption.
100% Canadian
You’re investing in 100% Canadian multi-residential real estate.
Sustainability
Skyline recognizes its responsibility to its communities, to its people, and to the environment. Learn more
ARE YOU ELIGIBLE TO INVEST?
As mentioned above, Skyline’s investments are all considered private alternative investments and don’t trade on the public markets. Instead, all of Skyline’s investments are purchased within the Exempt Market. As such, investors need to meet certain eligibility requirements to invest with Skyline Wealth.
Never Miss an Update
Sign up to receive the latest news from Skyline Wealth. It pays to be in the know.
RELATED ARTICLES
-
December 1, 2021Skyline Apartment REIT On December 1, 2021, Skyline Apartment REIT...Skyline Apartment REIT [Guelph, ON – December 1, 2021] On December 1, 2021, Skyline Apartment REIT purchased a new apartment property in the city of Mascouche, QC (a suburb located north of Montreal). The property is located at 435 rue Sicard in Mascouche and consists of one building with 73 luxurious condo-style one-bedroom, two-bedroom, and three-bedroom suites. The building is part of a multi-phase development project, Quartier 7. The total purchase price for 435 rue Sicard was $21.7M. 435 rue Sicard is located in a residential neighbourhood across from the Mascouche train station, with all essential services nearby, such as grocery stores, cafes, and schools. It is also located near a landscaped park with bike paths and trails. The larger Quartier 7 development offers an on-site fitness centre, multi-purpose room, games area, heated outdoor pools, furnished outdoor spaces, and EV charging stations. Each suite features in-suite laundry, stainless steel appliances, quartz countertops, and other modern finishes. They also feature large windows, walk-in closets, and a large balcony. “Skyline Apartment REIT is proud to offer additional living spaces to Mascouche residents with the purchase of 435 rue Sicard, part of the Quartier 7 development,” said Matthew Organ, President, Skyline Apartment REIT. “435 rue Sicard is the REIT’s fourth purchase in the city of Mascouche, and we’re pleased to be further expanding our presence in the city.” Skyline Apartment REIT’s first entry into the Mascouche market was in August 2020 with the purchase of 405 rue Sicard, the first phase of the Quartier 7 development. Quartier 7 will be managed by Gestion Danam Lacourse. Rental inquiries for Quartier 7 can be made at Quartier7Mascouche.com. Post-acquisition, Skyline Apartment REIT comprises 241 properties in 61 communities in seven provinces across Canada, with a total of 21,535 suites. About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. 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 committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT and other alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
October 29, 2021Skyline Apartment REIT Read the original article on FinancialPost.com. TORONTO — Kontrol...Skyline Apartment REIT [Guelph, ON – October 29, 2021] Read the original article on FinancialPost.com. TORONTO — Kontrol Technologies Corp. ( NEO:KNR ) ( OTCQB:KNRLF ) ( FSE:1K8 ) (“ Kontrol ” or the “ Company “), a leader in smart building technologies, is pleased to announce that the Company has been selected to provide its SmartSuite energy management technology in 3 buildings spanning more than 330,000 square feet of real-estate. “We have developed our in-suite technology to solve the challenges that our customers face in terms of managing their buildings and suites,” says Kristian Lavereau, Director of Smart Buildings Technology. “The ability to reduce energy waste, manage operations remotely and reduce greenhouse gas (“GHG”) emissions in real-time gives our technology an important advantage, as we deliver value to our customers.” “Following a review of the marketplace, we selected Kontrol and their SmartSuite ® technology to help us control, manage and reduce in-suite heating costs in three of our multi-unit residential (apartment) properties in Ontario [owned by Skyline Apartment REIT],” says R. Jason Ashdown, Co-Founder & Chief Sustainability Officer, Skyline Group of Companies. “Heating costs are a significant expense as well as a leading source of GHG emissions. With SmartSuite ® providing intelligent sensors and cloud access to in-suite settings, our operating team can monitor energy usage in real-time and help to reduce waste and lower GHG emissions. Skyline has always had a strong focus on sustainability. This partnership is the next step in providing a better standard of living for our tenants, staff, and investors while reducing our environmental impact.” The SmartSuite ® installations will commence and be completed in Q4, 2021. Over a period of 10 years, it is anticipated that the SmartSuite ® technology will deliver approximately 2,882,850 kilowatt-hours in energy savings and approximately 2,000 tonnes in GHG emission reduction. Carbon Credit Monetization Following its previously announced press release dated September 28 th , 2021, these installations will qualify for Kontrol’s Carbon Credit monetization platform. “We are excited to welcome Skyline Group of Companies [and Skyline Apartment REIT] to the Kontrol platform as we continue to deliver innovative technology to reduce energy waste and corresponding GHG emissions,” said Paul Ghezzi, CEO of Kontrol Technologies. Market Size There are more than 40 million multi-residential units in North America spanning thousands of buildings where the SmartSuite ® technology can drive meaningful reductions in energy waste and emission reductions. Kontrol is actively pursuing this market through both its existing customer base and a focus on new customer additions. ( www.statista.com ) About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. 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 committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT, please visit SkylineApartmentREIT.ca. To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group Of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 About Kontrol Technologies Corp. Kontrol Technologies Corp. ( NEO:KNR ) ( OTCQB:KNRLF ) ( FSE:1K8 ) is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
September 17, 2021Skyline Apartment REIT On September 17, 2021, Skyline Apartment REIT...Skyline Apartment REIT [Guelph, ON – September 17, 2021] On September 17, 2021, Skyline Apartment REIT purchased two neighbouring properties located in Niagara Falls, ON: 6521 Drummond Road (Victoria Park Towers), Niagara Falls, ON – 81 suites 6563 Drummond Road (Imperial Towers), Niagara Falls, ON – 95 suites The total purchase price for the properties was $38.8M. Victoria Park Towers at 6521 Drummond Road offers spacious and renovated 1 and 2-bedroom suites with open-concept design, large windows, and large glass balconies. Victoria Park Towers is located close to grocery stores, parks, restaurants, schools, shopping, and highway access. Imperial Towers at 6563 Drummond Road offers spacious and renovated 1 and 2-bedroom suites with large windows and private glass balconies. The building also features a social room. Imperial Towers is located close to grocery stores, parks, restaurants, schools, shopping, and highway access. “Skyline Apartment REIT is proud to offer additional living spaces to Niagara Falls residents with the purchase of Victoria Park Towers and Imperial Towers,” said Matthew Organ, President, Skyline Apartment REIT. “Our first entry into the Niagara Falls market was back in 2008 with the purchase of Portage Place at 4613, 4615, 4617 & 4619 Portage Road. We received a great welcome to the city, and we’re thrilled to be further expanding our presence here while providing high-quality rental suites with sought-after features and amenities.” With this purchase, Skyline Apartment REIT now owns seven properties in the city of Niagara Falls. Each property will be managed by Skyline Living. Rental inquiries for the properties can be made at SkylineLiving.ca. Post-acquisition, Skyline Apartment REIT comprises 240 properties in 61 communities in seven provinces across Canada, with a total of 21,462 suites. About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT. Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT and other alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
September 16, 2021Skyline Apartment REIT Table of Contents REITs may help mitigate risk and volatility in your investment...Skyline Apartment REIT Table of Contents REITs may help mitigate risk and volatility in your investment portfolio. [Jump to this section] REITs help to provide access to institutional-quality assets. [Jump to this section] REITs can offer investors regular and scheduled cash flow. [Jump to this section] REITs may offer investors a tax efficient investment opportunity. [Jump to this section] A real estate investment trust (REIT) generally focuses on institutional-quality, large-scale, income-producing real estate properties. A REIT allows individual investors to gain access to a broad portfolio of these large properties without requiring the substantial equity required to purchase and manage the properties themselves. What are some potential benefits of REIT investing? Read on to find out. Portfolio Diversification There are many benefits to having a diverse investment portfolio. A diversified portfolio can not only help to mitigate risk and volatility, it can also help to bolster overall returns when not all of your investments react in similar ways; this is known as de-correlated investing. A REIT offers investors the ability to allocate their funds into multiple real estate assets, spread out geographically and diversified by type of tenant. While assets within the REIT can fluctuate in value, it isn’t common for all assets to be adversely affected simultaneously. This helps to lower an investor’s specific market risk when investing into a large-scale and well-diversified REIT. As mentioned, another benefit of investing into a REIT is gaining access to a broad tenant mix, as typically not all tenants are the same (they can vary by type of business, demographics, geographic location, etc.). For example, in a retail REIT, the fund could be made up of essential services, like pharmacies, banks, and grocery stores. Alternatively, its focus might be more geared toward shopping centers or large single-tenant businesses. Tenant diversification has always been important but has been underscored during the pandemic and times of economic uncertainty since different asset classes and types of businesses may be affected more strongly than others. Institutional Quality Assets, for the Everyday Investor Many REITs leverage their economies of scale to purchase, manage, and optimize large-scale properties that may be out of reach for an individual investor. This means that investors not only benefit from participating in far-reaching and diverse real estate portfolios, but they can also benefit from consolidated and efficient vertical integration of the managing group, helping to cut costs, and, in turn, bolster returns. REITs generally have a professional and skilled management team who purchase properties based on calculated income streams, leaving emotion out of valuation metrics. Well-managed REITs may help offer investors peace of mind, as they can invest their hard-earned capital knowing a seasoned and qualified team is working diligently to manage and optimize the assets within the fund. Additionally, when investing in a REIT as compared to owning and managing your own bricks-and-mortar rental properties, Selling physical real estate can take months to finalize and has substantial associated costs. It can also be subject to emotional pricing and supply or demand constraints within the market. Frequent Valuation, Frequent Distributions Many investors are drawn to REITs not only for the capital growth opportunities, but also for the regular cash distributions they make (not to be confused with income or dividends). One way to assess the potential health and strength of a REIT is to assess how much of their Funds From Operations (FFO) - otherwise known as a payout ratio - the REIT is distributing. Investors should understand the history of the REITs payout ratio and whether or not the fund is distributing all of it’s available cash flow, or holding some back Opportunity for Tax Efficient Capital Appreciation & Cash Flow Investing into a professionally managed REIT means investors are usually able to invest using registered funds such a TFSA, RRSP, RRIF, etc., helping to shelter potential gains on their holdings. When REIT Units are held within a registered account, the investment is subject to the tax rules of the registered account itself, regardless of what occurred tax-wise within the REIT that year. Investing in a REIT through non-registered holdings can also have potential tax benefits. REIT distributions are not considered dividends and are therefore taxed differently. Distributions paid to investors are generally made up of a portion of Return of Capital (ROC), which is a deferred capital gain. Investors receive a T3 slip that clearly breaks down that year’s tax exposure and shows if there is anything other than ROC to be claimed. Anything that is categorized as ROC adjusts the investor’s cost base, which is a future capital gain, meaning only 50% of the overall gain is taxable at a future date. Every REIT will have a different tax breakdown based on activity within that calendar year. It is important to understand the REIT’s historical taxation breakdown and to speak with your accountant or trusted tax professional to make a personalized tax decision that best suits your needs. Finding the Right Portfolio Balance for Each Investor These are just some of the many potential benefits that may come with choosing to invest in a REIT. As with any investment, it is important to do your due diligence and evaluate the REIT’s historical performance, its strategy, its management team, and the investment process. Ensuring you’re investing with a management team that are leaders in their business, and who have a proven track record of astute decisions and returns to investors, are essential pieces in the review process. The evaluation is well worth the effort to find a REIT whose performance can complement your existing investment portfolio and align with your investment goals. Ray Punn Vice President, Wealth Solutions Skyline Wealth Ray Punn is an experienced leader in management across the public and private sectors, including the Financial, Automotive, and Private Equity industries. As Vice President of Skyline Wealth, he leads a comprehensive team of Advisors, and oversees business operations, marketing, investment management, and investor relations. With a deep understanding of how each component of wealth management contributes to an exceptional investor experience, Ray and his teams focus on building long-term partnerships with Skyline Wealth’s valued investors. Skyline Wealth is the exclusive investment dealer for four private alternative investment funds, each with historically stable performance since inception: Skyline Apartment REIT, Skyline Commercial REIT, Skyline Retail REIT, and Skyline Clean Energy Fund. Skyline Wealth Management Inc. (“Skyline Wealth”) is an Exempt Market Dealer registered in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec and Saskatchewan. The information provided herein is for general information purposes only and does not constitute an offer of securities. Sales of interests in any investments offered by Skyline Wealth are only made to certain eligible investors pursuant to regulatory requirements and available exemptions. Any information provided herein is current as at the date of publication and Skyline Wealth does not undertake to advise the reader of any changes. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. There is no active market through which the securities may be sold, and redemption requests may be subject to monthly redemption limits. Exempt market products are not guaranteed, their values change frequently, and past performance may not be repeated. Nothing in this email should be construed as investment, legal, tax, regulatory or accounting advice. Prospective investors must make an independent assessment of such matters in consultation with their own professional advisors. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
September 7, 2021Skyline Apartment REIT On September 7, 2021, Skyline Apartment REIT...Skyline Apartment REIT [Guelph, ON – September 7, 2021] On September 7, 2021, Skyline Apartment REIT purchased a portfolio of three properties located in southwestern ON: 24, 26 & 28 Helen Avenue (The Graham Bell), Brantford, ON – 284 suites 204 Hespeler Road (Park Lane Towers Apartments), Cambridge, ON – 146 suites 297 & 301 Base Line Road West (Garden Vista), London, ON – 332 suites The total purchase price for the portfolio was $166.25M. The Graham Bell at 24, 26 & 28 Helen Avenue in Brantford offers spacious and renovated 1, 2, and 3-bedroom suites with large windows and private balconies. Amenities include on-site storage lockers and underground parking. The Graham Bell is located within the West Brant neighbourhood of Brantford, with parks, schools, grocery stores, shopping, restaurants, and access to Highway 403 nearby. Park Lane Towers Apartments at 204 Hespeler Road in Cambridge offers spacious and renovated 1 and 2-bedroom suites with large windows, private balconies, and in-suite dishwasher. The building also features an outdoor pool. Park Lane Towers Apartments is located within walking distance of many amenities including the Cambridge Mall, Dumfries Conservation Area, grocery stores, and a transit stop. Garden Vista Apartments at 297 & 301 Base Line Road West in London offers spacious and renovated bachelor, 1 and 2-bedroom suites with luxury vinyl plank flooring, in-suite dishwasher and microwave, and large balconies. The complex also features a swimming pool. Garden Vista Apartments is located near grocery stores, the London Public Library, banks, restaurants, schools, parks, and transit. “We’re thrilled to be making a sizeable addition to the Skyline Apartment REIT property portfolio with this multiple-property acquisition,” said Matthew Organ, President, Skyline Apartment REIT. “The REIT is well-established in the cities of Brantford, Cambridge, and London. We’re proud to invest in many fantastic communities like these across Canada, providing high-quality rental suites with sought-after features and amenities.” Each property will be managed by Skyline Living. Rental inquiries for the properties can be made at SkylineLiving.ca. Post-acquisition, Skyline Apartment REIT comprises 238 properties in 61 communities in seven provinces across Canada, with a total of 21,286 suites. About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT. Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT and other alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
July 30, 2021Skyline Apartment REIT On July 30, 2021, Skyline Apartment REIT...Skyline Apartment REIT [Guelph, ON – July 30, 2021] On July 30, 2021, Skyline Apartment REIT sold a property at 1920 College Avenue, Regina, SK. The property totaled 153,241 square feet of commercial office space and was tenanted by The Cooperators. The total sale price for the property was $28.25M. “The property was originally purchased by Skyline Apartment REIT in 2008 as part of a six-property portfolio of commercial office properties tenanted by The Cooperators,” said Matthew Organ, President, Skyline Apartment REIT. “1920 College Avenue was identified in 2020 as a non-core asset that was appropriate for a strategic disposition. Skyline Apartment REIT will continue to focus on multi-residential assets.” 1920 College Avenue was sold at a premium to its International Financial Reporting Standards (IFRS) value established in January 2021. Funds surfaced from the property’s sale will be used toward accretive property acquisitions with the goal of creating maximum value for Skyline Apartment REIT unitholders. Post-disposition, Skyline Apartment REIT comprises 235 properties (a remaining four of which are comprised 100% of commercial space) in 60 communities in seven provinces across Canada, with a total of 20,527 suites. About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT. Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT, please visit SkylineApartmentREIT.ca. To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group Of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 Disclaimer for SkylineWealth.ca: Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
July 28, 2021Skyline Apartment REIT On July 28, 2021, Skyline Apartment REIT...Skyline Apartment REIT [Guelph, ON – July 28, 2021] On July 28, 2021, Skyline Apartment REIT purchased a new apartment property in the city of Mascouche, QC (a suburb located north of Montreal). The property is located at 415 rue Sicard in Mascouche and consists of one building with 73 luxurious condo-style one-bedroom, two-bedroom, and three-bedroom suites. The building is part of a multi-phase development project, Quartier 7. The total purchase price for 415 rue Sicard was $20.9M. 415 rue Sicard is located in a residential neighbourhood across from the Mascouche train station, with all essential services nearby, such as grocery stores, cafes, and schools. It is also located near a landscaped park with bike paths and trails. The larger Quartier 7 development offers an on-site fitness centre, multi-purpose room, games area, heated outdoor pools, furnished outdoor spaces, and EV charging stations. Each suite features in-suite laundry, stainless steel appliances, quartz countertops, and other modern finishes. They also feature large windows, walk-in closets, and a large balcony. “Skyline Apartment REIT is proud to offer additional living spaces to Mascouche residents with the purchase of 415 rue Sicard, part of the Quartier 7 development,” said Matthew Organ, President, Skyline Apartment REIT. “Our first entry into the Mascouche market was in August 2020 with the purchase of 405 rue Sicard, the first phase of the Quartier 7 development. We received a great welcome to the city, and we’re thrilled to be expanding our presence here while providing high-quality rental suites with sought-after features and amenities.” Quartier 7 will be managed by Gestion Danam Lacourse. Rental inquiries for Quartier 7 can be made at Quartier7Mascouche.com. Post-acquisition, Skyline Apartment REIT comprises 236 properties in 61 communities in eight provinces across Canada, with a total of 20,527 suites. About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT. Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT and other alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request. -
July 27, 2021Skyline Apartment REIT On July 27, 2021, Skyline Apartment REIT...Skyline Apartment REIT [Guelph, ON – July 27, 2021] On July 27, 2021, Skyline Apartment REIT celebrated its 20,000 suite milestone with a special event at a property in Sarnia, Ontario. The property at 131 Maxwell Street was part of a portfolio in Sarnia and Niagara Falls that was purchased by the REIT in April 2021, bringing the REIT to its 20,000-suite count. Staff across Skyline Apartment REIT, Skyline Living (the property manager for properties within the REIT), and other parts of Skyline Group of Companies got together for the celebration. Bill Dennis, Councillor for the City of Sarnia, attended the event and spoke of Skyline’s meaningful presence in the city. Skyline Apartment REIT currently has 1,281 suites in Sarnia. As part of the celebration, the REIT also presented a $5,000 donation to Big Brothers Big Sisters of Sarnia-Lambton. “We’ve found great integration among our management teams, which has allowed Skyline Apartment REIT to achieve 20,000 suites,” said Matthew Organ, President, Skyline Apartment REIT. “This teamwork will be a key component to the REIT pushing on to the next level.” About Skyline Apartment REIT Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada. Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT. Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors. To learn more about Skyline Apartment REIT, please visit SkylineApartmentREIT.ca. To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca. Skyline Apartment REIT is operated and managed by Skyline Group Of Companies. For media inquiries, please contact: Jeff Stirling Director of Marketing 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x243 Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request.
Footnotes
[1] Current Annual Yield is equal to the annual distribution per unit divided by the current unit value. As at November 10th, 2021.
[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. As at November 1st, 2021.
[4] A transaction fee may apply if your account is held by a third-party registered plan, trustee or dealer.
[5] Unit value is determined by a Net Asset Value (NAV) model based on evaluations by Senior Management and the Skyline Apartment REIT Board of Trustees.
Disclaimer
The information provided within this Website is for general information purposes only, and does not constitute an offer of, or solicitation for, the purchase and sale of any securities under any circumstances. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing, as they contain important information on fees and risk factors. The indicated rate of return is the annualized return including changes in unit value and reinvestment of all distributions and does not consider sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Exempt market products are not guaranteed, their values change frequently, and past performance may not be repeated. There is no active market through which the securities may be sold, and redemption requests may be subject to monthly redemption limits. The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an exempt market product’s performance. Distributions paid as a result of capital gains realized by an exempt market product, and income and dividends earned are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero. Prospective investors must make an independent assessment of such matters in consultation with their own professional advisors. Nothing herein should be construed as investment, legal, tax, regulatory or accounting advice. Skyline Wealth Management Inc. (“Skyline Wealth”) is an Exempt Market Dealer registered in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Québec, Saskatchewan. Sales of interests in any investments offered by Skyline Wealth are only made to certain eligible investors pursuant to regulatory requirements and available exemptions. Some of the investment products offered by Skyline Wealth, including in particular those related to Skyline Apartment Real Estate Investment Trust, Skyline Commercial Real Estate Investment Trust, Skyline Retail Real Estate Investment Trust, and Skyline Clean Energy Fund are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request.