Press Releases, Articles & Announcements
Crestpoint’s take-private transaction of Minto Apartment REIT complete
August 7, 2026
Crestpoint Real Estate Investments Ltd. is pleased to announce that, in partnership with Minto Group, its acquisition of Minto Apartment REIT is now complete. This deal marks an important milestone in the growth of Crestpoint’s Canadian real estate platform.
The transaction, valued at approximately $2.3 billion, establishes a long-term partnership between Crestpoint and Minto Group focused on the ownership, management and growth of high-quality multi-family rental properties across Canada.
For Crestpoint, this is a meaningful expansion of its multi-family real estate strategy and provides access to a high-quality portfolio of purpose-built rental properties in core Canadian markets. The transaction also strengthens Crestpoint’s position in a sector supported by long-term demand for well-located rental housing in major urban centres.
“Completing this transaction marks an important step forward for Crestpoint,” said Kevin Leon, President and Chief Executive Officer of Crestpoint. “We are pleased to partner with Minto, a highly respected residential real estate owner, operator and developer with deep expertise across Canada. This partnership aligns with our long-term investment approach and provides a strong foundation for continued growth in the multi-family sector.”
Minto will continue to provide property management services for the jointly owned portfolio and will also provide development and construction management services for future projects. This structure allows the partnership to benefit from Minto’s operating capabilities while leveraging Crestpoint’s investment management experience and access to capital.
