text: opportunities for Growth 
  
  Killam’s growth opportunities include increasing earnings of its existing 
  portfolio and expanding the portfolio through acquisitions and development. 
  acquisitions have been an important part of Killam’s growth, having completed 
  over $1.1 billion in acquisitions since the first property was acquired in 2002. 
  Killam began development as a complement to its acquisition program in 2010, 
  and to-date has invested approximately $90 million in new developments. 
  2013 was Killam’s largest year for growth since 2005, adding $191 million of 
  properties to the portfolio, including $121 million in acquisitions and $70 
  million in new developments. looking ahead to 2014, Killam has targeted 
  a minimum of $75 million in acquisitions, and the development of two new 
  apartment buildings totaling approximately $46 million. 