U.S. company touts Calgary apartment tower sale to investors as bet on tight Canadian housing market

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U.S. company pitched international investors on a Calgary apartment building deal as a way to bet on Canada\u0027s tight housing market. Read on.

Calgary experienced record migration last year, helping push the rental vacancy rate down to 2.7 per cent, the lowest since 2014, according to Canada Mortgage and Housing Corp.Hines, a real estate company with nearly US$96 billion in assets under management, is pitching international investors on a Canadian apartment building deal as a way to bet on the country’s tight housing market.

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