By the time this story hits the pages of FE Magazine, Skyline Apartment REIT will have already added properties number 101 and 102 to its REIT portfolio. Just on the heels of having celebrated two big milestones this summer, the REIT’s fifth anniversary and its 100th acquisition, there is no time to take the foot off the gas for this growing REIT.
It all began in the early 90s when, then students, brothers Jason and Martin Castellan and their friend Jason Ashdown, pooled their funds, resources and entrepreneurial spirits to own and manage student rental houses. One house quickly turned into 52 houses, which soon led to the purchasing of apartment buildings, thus sparking the beginning of Skyline in 1999 and then eventually, as the portfolio grew to almost 2,000 suites in 2006, Skyline Apartment REIT was born.
Read the entire article by downloading the PDF of FE Magazine’s October 2011 Issue.
From left to right: Martin Castellan, Jason Castellan and Roy Jason Ashdown on the cover of FRPO Exchange Magazine.