TORONTO and DALLAS, Jan. 13, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) recently completed the previously announced disposition of Arbor Creek for net sales proceeds of US$24.6 million at an average in-place capitalization rate of 6.5%. The disposition of Arbor Creek, a 280-unit property built in 1984 and located… [Read More]

TORONTO and DALLAS, Dec. 15, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) recently completed the previously announced acquisition of Casa Mirella, a 276-unit property built in two phases in 2013/2015 and located in Orlando, FL. Casa Mirella is the final property to close in connection with the REIT’s previously… [Read More]

TORONTO and DALLAS, Nov. 15, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today completed the previously announced acquisitions of (i) Talon Hill, a 276-unit property built in 2006 and located in Colorado Springs, CO, (ii) Eagle Ridge, a 168-unit property built in 1999 and located in Denver, CO and… [Read More]

– Continued operating efficiencies through increased scale and portfolio expansion drive year-over-year Q3 2016 samestore NOI growth of 9.1% and AFFO growth of 26.2% – TORONTO and DALLAS, Nov. 10, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced its financial results for the third quarter ended September 30,… [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and DALLAS, Oct. 28, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX:MST.UN) (“Milestone” or the “REIT”) is pleased to announce the closing of the previously announced public offering whereby the REIT sold an aggregate of 10,439,000 trust units of the REIT… [Read More]

TORONTO and DALLAS, Oct. 20, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) will report its third quarter 2016 financial results after market close on Thursday, November 10, 2016. Robert Landin, CEO, Steve Lamberti, COO, and Ryan Newberry, CFO, will host a conference call for the investment community the following… [Read More]

TORONTO and DALLAS, Oct. 17, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of US$0.04583 per REIT unit for the month of October 2016, representing US$0.55 per REIT unit on an annualized basis. Payment will be made on November 15, 2016 to unitholders of record… [Read More]

TORONTO and DALLAS, Sept. 30, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has completed the previously announced internalization of the REIT’s asset management function (the “Internalization” or the “Transaction”) and also filed and obtained a receipt for a final base shelf prospectus (the “Shelf… [Read More]

TORONTO and DALLAS, Sept. 21, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has filed a preliminary base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada.  The preliminary base shelf prospectus has not yet become final for the purpose… [Read More]

TORONTO and DALLAS, Sept. 15, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of US$0.04583 per REIT unit for the month of September 2016, representing US$0.55 per REIT unit on an annualized basis. Payment will be made on October 17, 2016 to unitholders of record… [Read More]

TORONTO and DALLAS, Sept. 13, 2016 /CNW/ – Milestone Apartments REIT (TSX: MST.UN) (“Milestone” or the “REIT”) is pleased to announce that unitholders of the REIT (“Unitholders”) have overwhelmingly voted in favour of the previously announced internalization of the REIT’s asset management function (the “Internalization”) by way of the acquisition of the REIT’s external asset… [Read More]

TORONTO and DALLAS, Sept. 7, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has entered into an agreement to purchase Park 9 Apartments (“Park 9” or the “Property”), a 275-unit, Class A multifamily apartment community located in Woodstock, a suburb northwest of Atlanta, Georgia, for a… [Read More]