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New Alignvest Fund Closes on Off-Campus Residence Near The University of Waterloo

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A new fund launched by Alignvest to specifically target student housing has closed on an 18-story student housing residence near The University of Waterloo in Waterloo, Ontario, in a $45.5 million deal. The community delivered in 2014 at 181 Lester St. directly east of The University of Waterloo, a public research university home to approximately 40,000 students. The 91-unit complex has 455 beds with furnished rooms and includes such amenities...

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