Lanesborough Real Estate Investment Trust sells apartment building for $3.4M  
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  Lanesborough sells apt block for $6.6 Million  
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  Additional News  


The portfolio of LREIT consists of 17 multi-family residential projects, two commercial properties and two senior housing complexes. Thirteen of the 17 multi-family residential projects, representing over 1,000 units, are located in Fort McMurray, Alberta.

The first property acquired by LREIT was the Kenaston property, which is comprised of two buildings - Kenaston Place and Kenaston Village Mall. The Kenaston property was sold, effective October 1, 2009.