FLAGSHIP COMMUNITIES REIT TO ACQUIRE OHIO RESORT STYLE COMMUNITY

About this update from Flagship Communities Real Estate Investment Trust

[{"type":"text","content":"\n \n \n \n FLAGSHIP COMMUNITIES REIT TO ACQUIRE OHIO RESORT STYLE COMMUNITY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen6{\nPADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnpr10{\nPADDING-RIGHT:0.83em\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /Not for distribution to U.S. newswire services or dissemination in\n \n the United States\n \n ./\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Sept. 7, 2023\n \n \n /CNW/ - Flagship Communities Real Estate Investment Trust (\"Flagship\" or the \"REIT\") (TSX: MHC.U) (TSX: MHC.UN) today announced it will acquire a Resort Style Community at Indian Lake in\n \n Lakeview, Ohio\n \n (the \"Acquisition\"), for a purchase price of approximately\n \n US$3 million\n \n . The Acquisition is expected to close on or about\n \n October 5, 2023\n \n subject to customary closing conditions.\n \n \n \"We are pleased to add another resort community to our\n \n Ohio\n \n portfolio,\" said\n \n Kurt...

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