Moncton, NB, July 26, 2022 – Quest Properties acquires the Lakeview Villas apartment building featuring 4 Stories and 24 units from local developer Leonce Cormier who’s known for building high-quality homes. Located in the Old West End, Moncton’s popular tree-lined neighborhood, Lakeview Villas is ideal for empty nesters and retirees who want to live life to the fullest and enjoy all the best services and amenities apartment living has to offer.
We’re very happy to announce our new acquisition. What truly sets the building apart is the quality of the community in this building and the amazing view of Jones Lake. Built within just a few feet of the lakeshore, the lot was specifically selected for its spectacular location. In fact, they’ve designed this building so that all 24 units have a massive balcony that offers all residents a waterfront view. This is a great addition to our portfolio; we are always looking for high quality constructed buildings in unique locations that we can hold for the long term.
-Thierry Comtois, VP Development & Acquisition
We are thrilled to take this building under management with our local team. Our goal is to provide people with an apartment that feels just like home with an emphasis on the tenant experience that includes amenities, communication channels, safety and most of all, the community aspect. Lakeview Villas tenants add great continuity to the Quest family, and we intend to keep things the way they are with excellent management from Leonce.
-Harold Daley, CEO
For Quest’s new acquisitions, having a good relationship with the local community has always been important. This always allowed both parties involved in our transactions to achieve great financial returns. Leonce Cormier has a strong presence in the real estate and construction market. Comfort Home Builders is known for their dedication to perfection. In the last three decades the company has contributed substantially to the residential sector in southeastern New Brunswick. It was very important for Leonce to keep the building under control by a local group.
The only option for me was to find a local group with similar values. I know most of the tenants who live here and the fact that we can keep it under local ownership and management is the most important thing for me. I am really happy for Quest and believe this building aligns very well with their current properties.
Behind Quest is a trio of local business owners including Nach Daniel, Harold Daley, and Thierry Comtois. Their decades of combined experience in the business have instilled a commitment to creating high-quality living spaces and communities with access to the modern amenities tenants expect today.
To be part of the Quest community, please visit questproperties.ca to find an apartment in your ideal location.