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Onnix Canadian Holdings Limited Partnership in Association with Western Wealth Capital Completes Financing and US$42 Million Acquisition of Onnix Apartment Homes, Tempe, AZ

Maxis Law represented Onnix Canadian Holdings Limited Partnership with a team led by Michael Varabioff

On August 19, 2020, Onnix Canadian Holdings Limited Partnership completed equity financings totalling approximately US$42 million and, in association with Western Wealth Capital, completed the US$117 million acquisition of the Onnix Apartment Homes, a 659 unit apartment community located in Tempe, Arizona.

Western Wealth Capital (WWC) has developed a proven, reliable system for investing in multi-family properties in key real estate markets across the US. WWC offers investment partners the opportunity to invest in cash-flowing properties with substantial value-add opportunities. Since inception, WWC has successfully completed more than $2 billion in real estate transactions. WWC’s vision is to build wealth for their investment partners with industry-leading returns. A people-first approach promotes excellence at every point; with highly efficient operations and a true commitment to our communities.  For more about WWC, go to westernwealthcapital.com.