HALIFAX, NS, May 25, 2023 /CNW/ – (TSXV: NXLV) â€“ NexLiving Communities Inc. (“NexLiving” or the “Company”) announced operating and financial results for the three months ended March 31, 2023. Stavro Stathonikos, President & CEO commented: “Over the past year, we secured over 70% of our mortgage book at an average rate of 3.79%. Our strategic acquisitions… [Read More]

HALIFAX, NS, April 14, 2023 /CNW/ – (TSXV: NXLV) â€“ NexLiving Communities Inc. (“NexLiving” or the “Company”) announced operating and financial results for the three months and year ended December 31, 2022. Stavro Stathonikos, President & CEO commented: “We achieved strong operating and financial results for 2022, with same-property NOI growth coming in at 6.1% for 2022…. [Read More]

RIVERVIEW, NB, March 1, 2023 /CNW/ – (TSXV: NXLV) – Sheaco Holdings Inc. (“Sheaco”) announces that it has acquired 37,500,000 common shares (“Common Shares”) of NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving”), representing approximately 11.33% of the Common Shares issued and outstanding. Sheaco is owned and controlled by Jamie Shea and Sarah Shea.  On February 28, 2023, Sheaco… [Read More]

HALIFAX, NS, March 1, 2023 /CNW/ – (TSXV: NXLV) – NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today that its acquisition of a 100% interest in Northpoint Management Inc. (“Northpoint”) from Sheaco Holdings Inc. has closed. Northpoint’s key assets are two newly built multi-family buildings comprising 75 units each located at 2251 and 2261 Mountain… [Read More]

HALIFAX, NS, Feb. 21, 2023 /CNW/ – (TSXV: NXLV) – NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today that its anticipated acquisition of a 100% interest in Northpoint Management Inc. from Sheaco Holdings Inc. is on track to close on or before February 28, 2023. Northpoint’s key assets are two newly built multi-family buildings comprising… [Read More]

HALIFAX, NS, Dec. 16, 2022 /CNW Telbec/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announced today that it has acquired a portfolio of two properties in Saint John, New Brunswick for $34.3 million. The acquisition includes an adjacent parcel of land that is approved for a future development project of up to… [Read More]

HALIFAX, NS, Dec. 5, 2022 /CNW/ – (TSXV: NXLV) – NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today that it has entered into an agreement to acquire a 100% interest in Northpoint Management Inc. from Sheaco Holdings Inc. for $39.6 million. Northpoint’s key assets are two newly built multi-family buildings comprising 75 units each located… [Read More]

HALIFAX, NS, Nov. 23, 2022 /CNW/ – (TSXV: NXLV) – NexLiving Communities Inc. (“NexLiving” or the “Company”) announced operating and financial results for the three and nine months ended September 30, 2022. Stavro Stathonikos, President and CEO commented: “We reported record operating and financial results for the third quarter of 2022, with industry leading organic growth of… [Read More]

HALIFAX, NS, Aug. 29, 2022 /CNW/ – (TSXV: NXLV) â€“ NexLiving Communities Inc. (“NexLiving” or the “Company”) announced operating and financial results for the three and six months ended June 30, 2022. Stavro Stathonikos, President and CEO commented: “We reported record operating and financial results for the second quarter of 2022 along with introducing same property metrics…. [Read More]

HALIFAX, NS, Aug. 10, 2022 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announced today that it has acquired a 40-suite building in Strathroy, Ontario (“294 Saulsbury”) for $9.4 million. The acquisition will be financed with a combination of cash on hand and a $7.9 million short-term debt facility, which will include… [Read More]

HALIFAX, NS, June 9, 2022 /CNW Telbec/ – (TSXV: NXLV) â€“ NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today that its shareholders voted in favour of all items of business brought before them at the Company’s annual and special meeting of shareholders held on June 8, 2022. Following the meeting, Mr. Michael Anaka has transitioned from his… [Read More]

HALIFAX, NS, June 6, 2022 /CNW/ – (TSXV: NXLV) â€“ NexLiving would like to clarify the impact of recent announcements by the Government of New Brunswick to provide a 10% cap on property tax assessments over the next two years, for most apartment and commercial buildings. In the quarter ended March 31, 2021, NexLiving had accrued a… [Read More]