Regina, SK – September 12, 2025 – On behalf of Auctus Property Fund LP, Deveraux Asset Management is pleased to announce the sale of Sterling Manor, a 320-unit low-rise apartment community located in the Greens on Gardiner neighbourhood of Regina, to Canadian Apartment Properties Real Estate Investment Trust (CAPREIT).
“This sale marks an exciting milestone for Deveraux,” said Denis Jones, President and CEO at Deveraux Group of Companies. “Sterling Manor has been a flagship property in our portfolio, and we are proud of the community we have built there.” The sale of this property will support the strategic acquisition of brand new highly amenitized assets that are under development in other key markets.
About the Deveraux Group of Companies
The Deveraux Group of Companies is a dynamic real estate organization specializing in the design, development, construction, and management of purpose-built apartment communities. With a focus on creating rental properties that go beyond simply meeting housing needs, Deveraux fosters a sense of belonging, empowering residents to contribute to a vibrant, interconnected community. Deveraux operates with a business model centered on purposeful vertical integration, supporting related entities across multiple sectors.
For more information, please contact:
The Deveraux Group of Companies
Kate Donahue
Vice President of Marketing and Communications
Deveraux Group of Companies
www.deveraux.ca