Industry E-News Update
March 17, 2011
Largest apartment complex sale in Canadian history
ESAM Construction recently sold the Cherryhill Village complex in London, Ontario to the Minto Group Inc. for an estimated $215 million. The transaction is being touted as the largest sale of a complex in Canadian history. Click here to learn more about Cherryhill Village.
Greenwin Inc. expands to Atlantic Canada
Greenwin Inc. has expanded their Eastern Canada Division to include 1,500 more residential units in the Maritime Provinces of Nova Scotia and New Brunswick. The additional units raise their eastern portfolio to more then 2,200 suites. To find out more about the expansion, click here.
Social housing in London, Ontario gets revamped
The Government of Canada, the Province of Ontario and the Social Housing Renovation and Retrofit Program are repairing 5,062 social housing units in the city of London, Ontario. The repairs are part of Canada’s Economic Action Plan and will cost approximately $12.8 million. Click here to learn more about the project.

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