Le Lézard
Subject: Merger/Acquisition

Alwington Communities Becomes the Second Largest Condominium Management Firm in Kingston, ON


Alwington Communities has become Kingston, Ontario's second largest condominium management firm. The company's recent acquisition of J. Shaver and Associates, and Limestone Property Management's condominium management division, adds approximately 1,500 additional units to Alwington's growing portfolio.

"Alwington's expansion realizes a long-term goal for our company," said Alwington Communities' President, Michael Trendota. "This growth benefits our customers by allowing us to negotiate better rates with suppliers, banks, and insurance companies," he added.

In addition to acquiring J. Shaver and Associates along with all of their business which includes 16 condominium corporations totalling approximately 1,000 units, its principal, John Shaver, has joined Alwington's team as a Senior Condominium Manager, bringing over 30 years of industry experience.

Alwington has also acquired the condominium management business from Kingston-based firm Limestone Property Management. Limestone will continue its operations focused on the rental market.

Both transactions closed on January 15, 2021. For more information about Alwington Communities, please visit alwington.com

ABOUT ALWINGTON COMMUNITIES

Founded and headquartered in Kingston, Ontario in 2015, Alwington Communities operates throughout the Province of Ontario. The firm maintains offices in Kingston and Hamilton, with satellite offices in Oshawa and Guelph. In 2021, Alwington became the second largest condominium management firm in Kingston, managing 32 condominium corporations and over 2,800 units. Alwington Communities is a Keilty Realty company. For more information, visit alwington.com



News published on and distributed by: