M&A Deal Summary

Anthem Properties Group Acquires Cedarglen Homes

On January 18, 2024, Anthem Properties Group acquired real estate company Cedarglen Homes

Acquisition Highlights
  • This is Anthem Properties Group’s 2nd transaction in the Real Estate sector.
  • This is Anthem Properties Group’s 2nd transaction in Canada.
  • This is Anthem Properties Group’s 1st transaction in Alberta.

M&A Deal Summary
Date 2024-01-18
Target Cedarglen Homes
Sector Real Estate
Buyer(s) Anthem Properties Group
Deal Type Add-on Acquisition

Target

Cedarglen Homes

Calgary, Alberta, Canada
Cedarglen Homes is a home builder founded 40 years ago with a focus on high-quality, single-family homes. Cedarglen builds and sells 300+ single-family homes annually. Cedarglen Homes is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Anthem Properties Group

Vancouver, British Columbia, Canada
Category Company
Sector Real Estate
DESCRIPTION

Anthem Properties is a 175-person real estate investment, development and management company. The Anthem portfolio is currently comprised of over 3.5 million square feet of commercial space, 40 acres of urban and suburban land held for future development, and approximately 3,500 residential condominium units either in the design development stage or under construction.

DEAL STATS #
Overall 2 of 2
Sector (Real Estate) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-01 Salish Plaza

Chilliwack, British Columbia, Canada

Salish Plaza, an 87,730 square foot neighbourhood shopping centre, Anchored by a 59,000 square foot PriceSmart food store and a Liquor Distribution Branch.

Buy -
Mergr

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