About NexLiving Communities
NexLiving Communities Inc. invests in existing multi-family properties in bedroom communities that offer opportunities for superior returns through attractive cap rates and transformation into +55 Active Living communities with low churn, premium tenants and third-party value-added amenities adding revenue and convenience. We are focused on consolidating Class A low- and mid-rise properties in bedroom communities across Canada.
55+ Active Living are typically long-term residents, primarily retired, or close to retirement, who are downsizing their home footprint and seeking a lock-and-leave lifestyle. The residents tend to be a highly engaged community of common life experience. Our residents want to stay in the community where they have lived and raised a family, or are moving to be closer to family and grandchildren. They value proximity to healthcare and public transportation, and seek out service choices and convenience.
Our apartment buildings are typically newly built class A, low- and mid-rise with modern or high-end fixtures with an elevator and underground heated parking and storage.