NexLiving Communities Inc. (NXLV)

Overview

NexLiving Communities Inc. is a real estate entity based in Dartmouth, Canada, primarily engaged in the ownership and management of multi-unit residential properties. The main geographical focus of the company resides within Atlantic Canada and Ontario, concentrating on the acquisition and administration of low and mid-rise residential buildings located in bedroom communities. Initially established in 2011, the company embarked on its journey under the name ViveRE Communities Inc. before rebranding to NexLiving Communities Inc. in May 2021. Its property portfolio predominantly comprises units in New Brunswick and Ontario, reflecting its strategic emphasis on these regions.

Products and Services

• Ownership of Multi-Unit Residential Real Estate

NexLiving Communities Inc. specializes in acquiring and holding real estate properties that offer multiple residential units. This product line targets properties mainly in the form of low and mid-rise buildings within chosen bedroom communities. Through this, the company aims to provide comfortable and accessible living options outside the urban core yet close to essential amenities and employment opportunities.

• Management of Residential Properties

In addition to property ownership, NexLiving Communities Inc. is engaged in the comprehensive management of its multi-unit residential buildings. This service encompasses a wide range of responsibilities including tenant relations, property maintenance, and lease administration, ensuring a high-quality living environment for its residents. The management service underscores the company’s commitment to operational excellence and customer satisfaction within its communities.