Northview Apartment REIT (NVU) has notable insider buying

Northview Apartment REIT (T:NVU)

Daniel Drimmer, a Director and 10% Holder executive, acquired 572,518 Limited Partnership Units 1 Class B LP Unit = 1 trust unit and 1 special voting unit on an indirect ownership basis for registered holder D.D. Acquisitions Partnership at a price of $26.200 through a private transaction on June 26th, 2018. This represents a $14,999,972 investment into the company's shares and an account share holdings change of greater than 100%.

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).