SALE OF RENTAL PORTFOLIOUpdated June 8, 2021
This page will be regularly updated as more information becomes available. The information below is subject to change without warning.
SALE OF PORTFOLIO GENERAL INFORMATION
Saying goodbye is never easy. In late 2020, the Board of Directors of Stamm Investments Limited made the difficult decision to sell its rental portfolio. In early 2021, the sale of the rental portfolio was successful and the buildings were sold to Killam Apartment REIT. The transition will commence June 30, 2021.
Stamm Investments and Killam Apartment REIT are working together to ensure a smooth transition and we are confident Killam will continue to uphold the high standards you are accustomed to.
See below for answers to anticipated questions relating to this transition.
June and July Rent
Your June and July 2021 rent will be paid to Stamm Investments Limited.
Tenancy History, Information and Details
Pre-Authorized Rent Payments (aka PAFT)
Pre-Authorized rent payment information and forms will be provided from Stamm Investments Limited to Killam Apartment REIT. Killam will contact residents for new forms, as applicable, in July 2021.
Online Banking Rent Payments
Those residents that pay their monthly rent through online banking must update their banking institution with Killam Apartment REIT as a payee with a new account number, effective for August 1, 2021. Killam Apartment REIT will be provided with a record of those residents that pay by online banking and will contact residents soon.
Tenancy Agreements and Month-To-Month Tenancies
Promotions, Upgrades and Incentives
Parking Program and Stickers
Emergency Maintenance and Maintenance Requests
We will be accepting maintenance work orders up until June 30, 2021 and will endeavour to resolve all pending requests by this date. Any remaining or unresolved maintenance requests will be transferred to Killam Apartment REIT.
Emergency Maintenance and Emergency Line Phone Number
Effective 12:01 a.m. July 1, 2021, the Stamm Investments Limited after-hours emergency phone line will no longer be responding to emergency maintenance requests. Killam will provide residents with a new number for 24 hour after hours emergencies prior to July 1.