Mr. Todd Cook reports

NORTHVIEW ANNOUNCES COMPLETION OF NON-CORE ASSET SALES

Northview Residential REIT has completed the sale of a $40-million multifamily residential portfolio in Moncton, N.B., in addition to a $49-million multifamily residential portfolio in St. John's, Nfld., which was completed in September, 2025. Since 2024, Northview has completed $164-million in non-core asset sales, ahead of its target of $100-million to $150-million and original 2026 timeline. The REIT has disposed of over 1,600 multiresidential suites and 8,600 square feet of commercial space in non-core assets at sale prices that exceeded Northview's IFRS (international financial reporting standards) investment property values and provided $76-million in credit facility repayments.

"We are pleased that we've been able to complete the non-core asset sales ahead of schedule. Combined with our active debt management program, we have reduced our leverage by over 200 bps and decreased our floating rate debt exposure, further strengthening the REIT's financial position. This leaves Northview well positioned to deliver long-term value creation for unitholders," commented Todd Cook, president and chief executive officer of Northview.

About Northview Residential REIT

Northview is a publicly-traded real estate investment trust established pursuant to a declaration of trust under the laws of the province of Ontario for the primary purpose of acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada.