CALGARY, Alberta, Nov. 26, 2018 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (NVU.UN – TSX) announced today that it has agreed to acquire a portfolio of six apartment properties located in Ontario comprising a total of 644 units (the “Acquisition Properties” or the “Acquisitions”). Five of the Acquisition Properties are being acquired from independent vendors and one of the Acquisition Properties is being acquired from affiliates of Starlight Group Property Holdings Inc. (“Starlight”). The aggregate purchase price of the Acquisition Properties is $131.9 million (excluding closing costs), representing a weighted average capitalization rate of 4.2%.