Rhapsody Announces Management of VIA123

TORONTO, Feb. 27, 2017 (GLOBE NEWSWIRE) — Rhapsody Property Management Services (“Rhapsody”), Canada’s premiere, third-party multifamily management firm, announces the management of a new 198-unit apartment community in Toronto. VIA123, located at 123 Parkway Forest Drive, is in the heart of the revitalized Parkway Forest neighborhood. Residents of this community will enjoy proximity to Fairview Mall and a high concentration of nearby restaurants, retail centers, schools, major employers and recreational facilities. Minutes from the Don Mills subway station, Don Valley Parkway and Highway 401, with easy access to the downtown core, this community will serve as a commuter’s haven.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d44e41f7-d511-4344-8e5b-2224b6330f75

“It has been exciting to witness Parkway Forests’ continued evolution as a neighborhood as well as a regional destination and VIA123 is yet another significant milestone that reflects just how far the area has come,” stated Rob Martin, Rhapsody senior vice president. “VIA123 will provide a modern and vibrant setting for renters seeking both relaxation and community.”

VIA123 will be a pet-friendly community offering one-, two- and three-bedroom floorplans along with three-story town homes at its base. The community will feature a 24/7 fitness facility, 6th floor garden terrace, resident party room, Urban Café, keyless controlled access, underground secure heated parking, a Parcel Pending package management system in the main lobby as well as on-site management and 24 hour customer service.

VIA123 is expected to open for occupancy in summer 2017. For more news and updates on the project and to register for priority access please visit www.via123.ca.

About Rhapsody Property Management Services
Rhapsody Property Management Services (“Rhapsody”) is a joint venture between PPMS Holding Corp., a Pinnacle Company, and a leading Canadian real estate investor. Since May 2015, Rhapsody’s focus has been to provide best-in-class property management services for purpose-built rental properties in Canada. Headquartered in Toronto, the company is engaged for lease-up efforts in Calgary, Edmonton, Vancouver and Toronto with over 20 multifamily construction projects in the pipeline. Rhapsody operates as a division of Pinnacle (www.pinnacleliving.com), a privately held real estate provider specializing in third party management of multifamily communities in the United States with a portfolio of over 165,000 residential units and 2.5 million square feet of commercial assets. Headquartered in Dallas, Texas, Pinnacle has over 4,000 employees located in 32 states. For more information about Rhapsody, visit www.rhapsodyliving.ca.

CONTACT: MEDIA CONTACT
Malcolm Mo
malcolmmo@rhapsodyliving.ca