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Last Updated: 2026
Canadian Apartment Properties REIT image

Canadian Apartment Properties REIT

Rank#3888
Market Cap3.46B
CountryCanada
Summary
History
Mission
Vision
References
Summaryarrow
CAPREIT is one of Canada's largest real estate investment trusts. CAPREIT owns approximately 57,000 suites, including townhomes and manufactured housing sites, in Canada and, indirectly through its investment in ERES, approximately 5,800 suites in the Netherlands. CAPREIT manages approximately 61,200 of its owned suites in Canada and Netherlands, and additionally approximately 3,800 suites in Ireland as at September 30, 2020.
Historyarrow

CAPREIT was founded in 1997 by Michael Stein, a Canadian real estate entrepreneur. Stein formed CAPREIT to acquire RoyalTrust REIT (now part of Bentall Kennedy), which owned more than 6,000 apartments. CAPREIT has since grown to become one of Canada's largest landlords, with more than 40,000 units under management.

Missionarrow
Our mission is to be the landlord and employer of choice by providing quality rental housing, superior customer service and responsible financial management.
Visionarrow
Our vision is to be the leading provider of quality, reasonably priced rental accommodation in Canada and Europe.
Referencesarrow

https://en.wikipedia.org/wiki/CAPREIT

https://www.investing.com/equities/canadian-apartment-properties-reit

https://finance.yahoo.com/quote/CAR-UN.TO/profile?p=CAR-UN.TO

https://www.crunchbase.com/organization/canadian-apartment-properties-reit

https://companiesmarketcap.com/

https://www.caprent.com

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Leadership team
M
Mr. Mark Kenney (CEO, Pres & Trustee)
M
Mr. Stephen Co (CFO & VP of Accounting)
M
Ms. Georgeta Morar (Sr. Director of Operations)
Products / Services
Commercial Real Estate, Finance, Leasing, Property Management, Real Estate, Real Estate Investment, Rental, Rental Property, Residential
Number of Employees
1,000 - 20,000
Address
Toronto, Ontario, Canada
Established
1997-01-01
Net Income
S_500M_1B
Revenue
500M - 1B
Traded as
CAR-UN.TO
Website
https://www.caprent.com
Social Media
linkedinfacebookx
Last Updated: 2026
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