Northview Apartment REIT (NVU) has notable insider buying

Northview Apartment REIT (T:NVU)

Todd Cook, CEO, acquired 3,599 Trust Units on a direct ownership basis at a price of $24.038 through an exercise of rights on March 2nd, 2018. This represents a $86,513 investment into the company's shares and an account share holdings change of 5.5%.

Louise Jane Elsey, a Senior Officer, acquired 130 Trust Units on a direct ownership basis at a price of $24.038 through an exercise of rights on March 2nd, 2018. This represents a $3,125 investment into the company's shares and an account share holdings change of 11.8%.

Melvin Nash, a Senior Officer, acquired 420 Trust Units on a direct ownership basis at a price of $24.038 through an exercise of rights on March 2nd, 2018. The insider also acquired 420 Trust Units on an indirect ownership basis for registered holder RBC Direct Investing (RRSP) at a price of $24.038 through an exercise of rights on March 2nd, 2018. This represents a $20,192 investment into the company's shares and an account share holdings change of 20.3%.

Bo Anker Rasmussen, a Senior Officer, acquired 1,106 Trust Units on a direct ownership basis at prices ranging from $0.000 and $24.038 through an exercise of rights on March 2nd, 2018. This represents a $12,500 investment into the company's shares and an account share holdings change of 8.0%.

Northview Apartment Real Estate Investment Trust, formerly Northern Property Real Estate Investment Trust, is an unincorporated, open-ended real estate investment trust. The Company is a multi-family residential real estate investor and operator that provide a spectrum of rental accommodations with a portfolio of over 24,000 quality residential suites in over 60 markets across Canada. Its residential portfolio includes a multi-family segment, that includes apartments, town homes and single-family rental units, and an execusuites and hotel segment, where rental period ranges from a few days to several months. The commercial business segment includes office, industrial and retail properties in areas where the Company has residential operations. Its geographical segments include Atlantic Canada (Newfoundland and Labrador, Nova Scotia and New Brunswick), Northern Canada (Northwest Territories and Nunavut), Ontario, Quebec and Western Canada (British Columbia, Alberta and Saskatchewan).