Northview Fund Announces July Distribution on Outstanding Class A Units, Class C Units and Class F Units Class, Payable on August 15, 2022
July 15, 2022 at 05:00 pm EDT
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Northview Fund announced its July 2022 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the ôUnitsö), payable on August 15, 2022 to holders of Units of record at July 31, 2022. The distribution amounts will be as follows: CAD 0.10476 per Class A Unit, representing approximately CAD 1.26 per Unit on an annualized basis; CAD 0.11056 per Class C Unit, representing approximately CAD 1.33 per Unit on an annualized basis; CAD 0.10807 per Class F Unit, representing approximately CAD 1.30 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.