Canadian-based Keilty Realty Corporation announces new acquisition.

Canadian-based Keilty Realty Corporation announces new Multifamily acquisition

May 12, 2023

SHURE Initiative

Keilty Realty Corporation of Kingston, Ontario (Canada) has acquired 14 Scace Ave. in Brockville, Ontario.

According to records, 14 Scace Ave is an 18 unit, 3-story asset built in 1960. The property includes parking for 25 vehicles.

An employee-owned real estate investment and management firm, Keilty Realty Corporation is focused on delivering superior risk-adjusted returns to investors via detail-oriented construction and care of apartment, student, single-family home, and office real estate. Operating brands include Portsmouth Residential (multi-family and SFH) Varsity Communities (student housing), Alwington Communities (condominium corporations), and Seaway Coworking (flex office).

In securing 14 Scace Ave, Keilty worked with AJ Burlington at Scotiabank; Lisa Asbreuk at Cunningham Swan Carty Little & Bonham LLP; Michael Darling, Kim Koppany at Pinchin Ltd.; Les Weatherby, AACI, P.APP., and John Wilson at Wilson Good Elliott.

In a public statement, Keilty said it is grateful to work with an all-star cast and looks forward to making 14 Scace Ave another great investment for its partners.

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