Northview Residential REIT
NRRUF
Other OTC11.46
USD
- -
- -
ISIN
CA66719E1025
CUSIP
66719E102
Return %
Stock
S&P500
1Y
-0.09
15.98
3Y
-0.09
62.25
5Y
-0.09
67.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Todd R. Cook
- Sector
- Real Estate
- Industry
- REIT - Residential
- Address
- 1400 - 3280 Bloor Street West Toronto ON Canada M8X 2X3
- IPO Date
- Nov 4, 2025
- Website
- rentnorthview.com
- Similar Companies
- Business
- Northview Residential REIT (NRRUF) is a Canada-based real estate investment trust that specializes in owning, operating, and managing a diversified portfolio of income-producing rental properties in secondary Canadian markets. The REIT focuses on multi-residential housing alongside ancillary commercial assets and executive suites, leveraging scale across both residential and commercial segments to drive stable cash flow and occupancy growth. Northview’s portfolio comprises approximately 14,400 residential suites, about 1.3 million square feet of commercial space, and 200 execusuites, with properties spanning nine provinces and two territories, including Western and Atlantic Canada and northern regions. The company reports occupancy in the high-90s for its multi-residential portfolio and generates revenue primarily from residential and commercial rental income, supported by a steady same-door NOI trajectory. Founded in 2020, Northview is headquartered in Calgary, Alberta, and operates through a mix of multi-residential acquisitions, property management, and the ownership and leasing of commercial real estate, including office, warehouse, and retail assets. The REIT emphasizes a diversified geographic footprint to mitigate market concentration risk while pursuing ongoing asset optimization, selective dispositions, and balance-sheet strengthening to enhance unitholder value. Northview’s business model centers on delivering predictable, recurring rental income, supported by long-term leases, occupancy gains, and disciplined capital allocation across its residential and commercial portfolios. Latest major company changes include strategic partnerships and lease momentum within its commercial portfolio, utilization of non-core asset dispositions to optimize the balance sheet, and ongoing execution of occupancy and NOI growth initiatives across Western Canada and other markets; the company also advances targeted acquisitions and redeploys proceeds to strengthen liquidity and reduce leverage, alongside periodic updates to its portfolio mix and asset management strategies to respond to market dynamics. In the past 1–2 years, Northview reports continued progress on occupancy gains, rent growth, and portfolio optimization, with communications indicating improved occupancy and lease activity in its Western Canada multi-residential segment and continued emphasis on commercial lease signings and occupancy enhancements. Northview maintains relationships with its parent and affiliates for governance and strategic coordination as part of its corporate structure. Industry and segments include Multi-Residential and Commercial/Execusuites, with target markets comprising individuals and families seeking rental housing in secondary markets and commercial tenants requiring office, warehouse/storage, or retail space; geographic operations cover Canada nationwide, with assets concentrated in Western Canada, Atlantic Canada, and northern regions, reflecting a focus on diverse, income-producing real estate across provinces and territories. The company’s headquarters, founding base, and strategic management are aligned with its Calgary, Alberta headquarters, while subsidiaries and a corporate framework enable management of residential, commercial, and execusuite properties across its footprint, supported by ongoing capital discipline and asset management initiatives.