Celebrating 25 Years

Twenty-five years ago, Tom Schwartz and Mike Stein had a vision to launch a small residential real estate business in Canada. Along with a handful of people, Canadian Apartment Management was born.

At the company’s foundation was a goal to provide a rental housing experience unlike any other in the country. With incredible drive, and a deep commitment to succeed that small business has evolved to become the incredible success we know today as CAPREIT.

 

We are now Canada’s largest REIT and have successfully taken our platform to Europe. But acquisitions and expansion don’t tell the entire story. Our success doesn’t only lie in the number of suites we lease, the number of buildings we own, or the performance of our share price.

 

Our status in Canada and our reputation around the globe are the result of our people. We have developed happy, thriving communities that are friendly and welcoming for our residents. We have built a culture that is positive and inclusive. We care about our people and their career development. Throughout all our incredible growth and success, I’m incredibly proud to say it’s our people that have made the most impact and driven our amazing growth.

 

I want to sincerely thank all of you for your meaningful contributions to CAPREIT’s success, and for helping us achieve our vision of being the Best Place to Live, Work and Invest.

Here’s to the next 25!

 

Mark Kenney
President & Chief Executive Officer

News

Press Releases

CAPREIT completes sale of International Plaza to Nch’ḵaý Development Corporation

CAPREIT announced today that since the second quarter of 2025, it has closed on, or has entered into agreements to close on, the acquisition of ...
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In the Media

Julian Schonfeldt on The CRE Podcast: How smart incentives are unlocking housing solutions

Julian Schonfeldt on The Commercial Real Estate Podcast: How smart incentives are unlocking housing solutions in Mississauga, and how CAPREIT is shifting from acquisitions to ...
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Press Releases

CAPREIT announces $297 million in new strategic repositioning since Q2 2025

CAPREIT announced today that since the second quarter of 2025, it has closed on, or has entered into agreements to close on, the acquisition of ...
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In the Media

Op-ed: To build a better housing market, stop taxing housing like cigarettes

Op-ed published in The Hill Times. To build a better housing market, stop taxing housing like cigarettes. The first thing governments need to do, collectively, ...
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E.S.G.

CAPREIT announces Release of 2024 ESG Report

Toronto, Ontario, May 30, 2025 (Globe Newswire) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) is pleased to announce the release of its ...
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In the Media

The Pendrell 1770 wins the CoStar Impact Award for Sale/Acquisition of the Year

Exciting News! We are proud to share that CAPREIT has received the CoStar Impact Award for Sale/Acquisition of the Year for the The Pendrell 1770 ...
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