Grange

Overview

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Sector

Multi-Residential
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Purchase Date

June 2016
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Fund

Fiera Real Estate
CORE Fund
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ESG

BOMA Best certified

Exceptionally located in West Vancouver, this three-storey, 22-unit character apartment building is situated in the heart of the thriving Fairview neighbourhood. Providing a mix of one- and two-bedroom units, this character building has generated continued income growth given limited supply and strong demand in the node.

Features 

  • One of the residential assets with our JV partner Lotus Pacific Investments.
  • The mandate is to acquire multi-family assets in the Greater Vancouver area and suite-turn the units to obtain above market rents.
  • Located within the strong downtown core.

Purchase Rationale 

  • Fix and release
Fiera-Real-Estate-Asset-images-1374-Grange