CALGARY,
AB, May 16, 2022 /CNW/ - Boardwalk Real Estate
Investment Trust - TSX: BEI.UN
The Alberta Residential Landlord Association (ARLA) Achievement
Awards are presented in recognition of top-performing rental
housing and service providers who are committed to providing high
quality service. Amongst several nominees, Boardwalk is proud to
announce that it has been honoured with the prestigious ARLA
Achievement Award for 2022 Rental Development/Renovation Project of
the Year.
2022 Rental Development/Renovation
Project of the Year Award
West Edmonton Village,
Boardwalk's largest community in Edmonton, has won the "2022 Rental
Development/Renovation Project of the Year." Situated in
Callingwood, West Edmonton
Village was recently renovated to redefine incredible
value living for our Resident Members. With over 1,170 units, the
refreshed community offers exquisite amenities including:
- Safe, bright, and spacious high-rise lobbies with luxurious
seating and breathtaking artwork;
- A spatially optimized Experience Centre to efficiently address
the needs of the entire community in addition to attracting new
Resident Members;
- A comfortable communal seating area with a cozy fireplace and
access to public wi-fi;
- A semi-Olympic swimming pool with a furnished lounge area;
- An expansive, professionally equipped, leading-edge fitness
centre;
- A spacious and contemporary yoga studio with LED mood-lighting;
and
- A sizeable community room with an impressive fireplace, large
family-style dining area, and a fully equipped kitchen with
stainless appliances, quartz countertops, and a grand eating
island.
Reflecting the highest levels of contemporary and innovative
design, Boardwalk's Team collaborated to execute a vision offering
West Edmonton Village
Resident Members access to unparalleled amenities and housing
product choice at a highly affordable price point, in the heart of
West Edmonton.
Sam Kolias, Chairman and Chief
Executive Officer of Boardwalk REIT commented:
"Thank you to the Alberta Residential Landlord
Association for their continued efforts and leadership in
supporting multi-family community providers through educational
resources, and advocacy to ensure affordable housing options across
Alberta. We are so proud of our entire Boardwalk team. This
humbling recognition highlights the quality and value that our
Boardwalk communities provide to our Resident Members who have
rewarded us with strong retention, occupancy and operating
performance. Thank you to our Design Team and Special
Projects Team that transformed our West
Edmonton Village community."
Corporate Profile:
Boardwalk REIT strives to be Canada's friendliest community provider and is
a leading owner/operator of multi-family rental communities.
Providing homes in more than 200 communities, with over 33,000
residential units totaling over 28 million net rentable square
feet, Boardwalk has a proven long-term track record of building
better communities, where love always livestm. Our
three-tiered and distinct brands: Boardwalk Living, Boardwalk
Communities, and Boardwalk Lifestyle, cater to a large diverse
demographic and has evolved to capture the life cycle of all
Resident Members. Boardwalk's disciplined approach to capital
allocation, acquisition, development, purposeful re-positioning,
and management of apartment communities allows the Trust to provide
its brand of community across Canada creating exceptional Resident Member
experiences. Differentiated by its peak performance culture,
Boardwalk is committed to delivering exceptional service, product
quality and experience to our Resident Members who reward us with
high retention and market leading operating results, which in turn,
lead to higher free cash flow and investment returns, stable
monthly distributions, and value creation for all our
stakeholders.
Boardwalk REIT's Trust units are listed on the Toronto Stock
Exchange, trading under the symbol BEI.UN. Additional
information about Boardwalk REIT can be found on the Trust's
website at www.bwalk.com/investors.
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SOURCE Boardwalk Real Estate Investment Trust