Investor Relations
Investment Highlights
Capitalizing on the Multi-Residential, Execusuite and Commercial Real Estate Opportunities in Canada’s Secondary Markets
- EQUITY SIZE: $430M
- INVESTMENT VEHICLE: Three-year closed end fund, with 2 one-year extension options
- TARGET LEVERAGE: Up to 70% gross book value or appraised value of properties
- EXPECTED YIELD: 10.5% cash distribution per annum, paid monthly
- MEANINGFUL ALIGNMENT WITH INSTITUTIONAL INVESTORS: Starlight Investments, KingSett Capital, Alberta Investment Management Corporation (AIMCo) and Timbercreek Asset Management
- THREE CLASSES OF UNITS: One class of listed units on the Toronto Stock Exchange (NHF.UN) to provide liquidity and two classes of unlisted units
- Launch Date: November 2, 2020
$430M
Equity Size
~$1.7B
Total Assets
3 YR
Close End Fund
+
2 x 1 YR
Extension Options
Listed on theToronto Stock Exchange
10.5%
Targeted Annual Distribution
2021
May 10, 2021 -
Northview Canadian High Yield Residential Fund Announces Results of Voting for Trustees at Annual Meeting of Unitholders
May 10, 2021 -
Northview Canadian High Yield Residential Fund Announces Q1 2021 Financial Results
Apr 16, 2021 -
Northview Canadian High Yield Residential Fund Announces April Distribution
Apr 8, 2021 -
Northview Canadian High Yield Residential Fund Announces Appointment of New CFO
Mar 16, 2021 -
Northview Canadian High Yield Residential Fund Announces 2020 Financial Results
Mar 16, 2021 -
Northview Canadian High Yield Residential Fund Announces March Distribution
Feb 16, 2021 -
Northview Canadian High Yield Residential Fund Announces February Distribution
Jan 15, 2021 -
Northview Canadian High Yield Residential Fund Announces January Distribution
2020
Dec 16, 2020 -
Northview Canadian High Yield Residential Fund Announces December Distribution
Nov 18, 2020 -
Northview Canadian High Yield Residential Fund Announces November Distribution and Unit Conversion Ratios
Nov 2, 2020 -
Northview Canadian High Yield Residential Fund Completes Successful Acquisition of $1.8B Portfolio Comprising 378 Properties from Northview Apartment REIT and Closes $430 Million Initial Public Offering and Concurrent Exempt Issuances
Oct 15, 2020 -
Northview Canadian High Yield Residential Fund Announces Appointment of CEO and CFO