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Firm Capital clears Canadian Competition Bureau for $218M manufactured home portfolio deal

Company Fundamentals
22 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

Firm Capital Property Trust has received approval from the Competition Bureau of Canada for its acquisition of a 10-property manufactured home community portfolio in Alberta and Saskatchewan, valued at $218 million. The Trust will own 50% of the portfolio through a joint venture with SunPark Communities, with closing expected in Q3 2026. This acquisition expands SunPark's portfolio to 2,572 sites across Ontario, Alberta, and Saskatchewan, supporting Firm Capital's strategy of stable income through diversified property investments. The deal marks a significant step in Firm Capital's growth in the manufactured home community sector in Canada.

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