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Investors Group Acquires Olympic Village Apartments

Olympic Village SOLD!
A large Canadian investment group has bought the dozens of market rental apartments at the Olympic Village site for about $350,000 a unit. (CP)
CP
A large Canadian investment group has bought the dozens of market rental apartments at the Olympic Village site for about $350,000 a unit. (CP)

A large Canadian investment group has bought the dozens of market rental apartments at the Olympic Village site for about $350,000 a unit.

The name of the buyer was kept out of recent court documents filed by the receiver managing the City of Vancouver-owned property. However, The Globe and Mail received confirmation that the purchaser is a fund operated by Bentall Kennedy, a real-estate advising and investment managing company.

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