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NexLiving Communities Declares Quarterly Dividend and Provides Update on Devcore Transaction

Newswire.ca - Wed Feb 21, 3:00PM CST

HALIFAX, NS, Feb. 21, 2024 /CNW/ - (TSXV: NXLV) - NexLiving Communities Inc. ("NexLiving" or the "Company") is pleased to announce the declaration of its quarterly dividend and provide an update on its previously announced transaction to acquire from Devcore Group Inc. and related entities ("Devcore") a portfolio of multi-family assets in eastern Ontario and Québec consisting of 16 properties and 991 units in exchange for share consideration and the assumption of existing mortgages (collectively, the "Transaction").

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