We Buy Buildings - Apartment Acquisitions

Boardwalk Property Acquisitions

Boardwalk Rental Communities is Canada's largest owner/operator of multi-family rental properties. Boardwalk currently owns and operates in excess of 30,000 units concentrated in the provinces of Alberta, British Columbia, Saskatchewan, Ontario and Quebec.

Acquisitions Criteria

Boardwalk typically purchases properties which comprise greater than 100 suites, and our preference is concrete high-rise buildings. However, we will consider smaller, well-maintained, buildings with as few as 40 suites. We also purchase townhouse projects.

Boardwalk will consider acquisitions in all major markets across Canada. In markets where Boardwalk does not currently have properties, the preference would be for larger-scale portfolios.

While we usually pay cash, we can also offer several tax effective structures which allow vendors to defer and reduce the potential tax liabilities which are associated with a sale.

Boardwalk has built a solid reputation and a proven track record in its acquisition program, having acquired over 200 properties over the past five years.

We offer:

• Resources to acquire both smaller and larger portfolios
• Ability to move quickly and close on a timely basis
• Tax effective structures
• Confidentiality through the entire transaction

If you are an owner, or an owner's representative, contemplating the sale of your property - it's time to talk to the leader.

Please submit your property particulars to our Acquisitions Team.

Submission Requirements

Boardwalk Rental Communities will respond promptly
upon the receipt of the following information:

Property Identification:

• Building Name
• Municipal Address and location
• Legal Description
• Name of registered owner(s)

Property Particulars:

• Lot dimensions
• Number of storeys
• Number of units & types
• Square footage of typical units
• Exterior/Interior photographs
• Location map
• Parking facilities
• Recreational facilities
• Laundry facilities

Financial Particulars:

• Current Rent Roll, including tenant name, term of lease, monthly rental, any extra rent (i.e. parking), lease anniversary date
• Current and prior years' operating and year to date statements
• Details of any mortgage financing
• Current property tax bills,
  including any assessment notice(s)

Kindly forward your submission
to our Acquisitions' Specialists.

Western Acquisitions Lisa Russell Vice President - Western Acquisitions #200, 1501 First Street SW Calgary, Alberta T2R 0W1 Phone: (403) 206-6770 Fax: (403) 261-9251 E-Mail: lisa@bwalk.com	Ontario, Quebec and Maritimes Acquisitions Jean Denis Vice President - Ontario, Quebec & Maritimes Acquisitions 450 Chemin du Golf Iles des Soeurs, Verdun, Quebec H3E 1A9 Phone: (514) 732-2617 Fax: (514) 769-7464 E-Mail: jDenis@bwalk.com