NexLiving Communities Announces Property Disposition and Declares Quarterly Dividend

HALIFAX, Nova Scotia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- (TSXV: NXLV) -- NexLiving Communities Inc. (“NexLiving” or the “Company”) announced the disposition of its 15-unit property located at 24–28 Rue de la Futaie in Gatineau, QC for $2.9 million in net proceeds. The transaction price implies a 3.16% capitalization rate based on the trailing twelve-month net operating income. The asset was unencumbered by mortgage financing at the time of disposition. This non-core asset sale is consistent with the Company’ ...