Northwire Canada EditionMonday, July 13, 2026
Sign inSubscribe
Northwire
⌕
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Other

Independent Proxy Advisory Firm ISS Recommends Minto Apartment Real Estate Investment Trust Unitholders Vote FOR the Proposed Going-Private Transaction with Crestpoint Real Estate Investments Limited Partnership and Minto Group

By The Northwire Desk — AI Analysis Feb 24, 2026 · 16:45 MI · 17.6
MI · Price

Executive Summary

  • ISS and the REIT’s board of trustees recommend that unitholders vote FOR the Arrangement Resolution to approve the previously announced going‑private plan.
  • The transaction will have Crestpoint acquire all Trust Units (except those held by Minto, affiliates, and certain senior officers) for $18.00 per unit in cash, representing a meaningful premium to recent market prices.
  • The special meeting of unitholders is scheduled for March 3 2026 (virtual format), with the proxy voting deadline on February 27 2026.

Key Details

  • Transaction Consideration: $18.00 per Trust Unit, all‑cash.
  • Acquirer: Crestpoint Real Estate (Pine) Limited Partnership and its affiliate Crestpoint Real Estate Investments Limited Partnership (together “Crestpoint”).
  • Seller: All Trust Units of Minto Apartment REIT, except units retained by Minto, affiliates, and certain senior officers (“Retained Interest Holders”).
  • Arrangement Agreement Date: January 5 2026.
  • Board & Committee Recommendation: Unanimous (conflicted trustees abstaining) recommendation to vote FOR the Arrangement Resolution.
  • ISS Recommendation: Vote FOR; ISS cites an attractive cash offer and a premium not seen since May 2022.
  • Special Meeting Details: Virtual‑only, online at www.virtualshareholdermeeting.com/MI2026, March 3 2026 at 3:00 p.m. ET.
  • Proxy Voting Deadline: Friday, February 27 2026 at 3:00 p.m. ET.
  • Voting Assistance Contacts: Laurel Hill Advisory Group – toll‑free 1‑877‑452‑7184 (North America), international 1‑416‑304‑0211, email [email protected].
  • Management Information Circular: Dated January 29 2026; available on SEDAR+ and the REIT’s website.

Notable Quotes

(No direct quotes from executives were included in the release.)

Read the original news release →

More from

May 11, 2026 · 17:00

Minto Apartment REIT posts steady Q1 growth as $2.3B Crestpoint buyout nears finish line; Fundamentals improve but the all-cash exit at $18 keeps the focus on deal completion.

Earnings May 06, 2026 · 07:30

Minto Apartment REIT Asset Sale Proceeds to Debt as Take-Private Deal Faces Arbitrage Discount

M&A / Property Mar 25, 2026 · 17:17

Minto Apartment REIT: Pre-Closing Asset Sale and Capital Return Execute as Planned Amid $18.00 Buyout Arbitrage

M&A / Property Mar 06, 2026 · 14:24

MINTO APARTMENT REIT OBTAINS FINAL COURT APPROVAL FOR PLAN OF ARRANGEMENT WITH CRESTPOINT REAL ESTATE INVESTMENTS LIMITED PARTNERSHIP AND MINTO GROUP

M&A / Property Mar 04, 2026 · 17:00

Minto Apartment REIT Reports 2025 Fourth Quarter and Year-End Financial Results

Earnings Mar 03, 2026 · 19:06

MINTO APARTMENT REIT OBTAINS UNITHOLDER APPROVAL FOR GOING-PRIVATE TRANSACTION WITH CRESTPOINT REAL ESTATE INVESTMENTS LIMITED PARTNERSHIP AND MINTO GROUP

Other