Quote:
Originally Posted by rthomasd
Just heard that KMK (owners of the Tiffany) have bought The Kenny's Pond Condo complex for $25 M,
will this affect their desire to develop the Tiffany expansion?
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I don't think so. If the demand continues to be high for seniors condos that just translates into more revenue for KMK; it looks to be a strategic move on their part. I think KMK are trying to further establish themselves in a lucrative business, seeing this city is aging and such demand will naturally increase. I think it's a smart move on their part.