CAPREIT Announces Departure of Chief Investment Officer

Core Viewpoint - Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) announces the departure of Chief Investment Officer Julian Schonfeldt, effective April 30, 2026, to pursue other opportunities after a successful tenure [1][2][3] Group 1: Leadership Changes - Julian Schonfeldt joined CAPREIT in 2022 as the inaugural Chief Investment Officer, bringing significant capital markets expertise from RBC Capital Markets [2] - During his time at CAPREIT, Schonfeldt executed over $6 billion in strategic transactions, contributing to acquisitions, dispositions, capital allocation, development, and investor relations [2] - CAPREIT's President and CEO, Mark Kenney, expressed gratitude for Schonfeldt's contributions and wished him success in future endeavors [3] Group 2: Company Overview - CAPREIT is Canada's largest publicly traded provider of quality rental housing, owning approximately 45,000 residential apartment suites and townhomes across Canada and the Netherlands [3] - As of September 30, 2025, the total fair value of CAPREIT's properties is approximately $14.5 billion [3]