/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ 49.4% year-over-year increase in property revenue from Q2 2018 7.4% year-over-year increase in same property NOI1 from Q2 2018 Successful renewal of over 82% of leases maturing in 2019 Agreements to acquire seven properties for $97.8 million and $50 million… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Second Quarter 2019 Results
TORONTO, Aug. 13, 2019 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) today released its financial results for the quarter ended June 30, 2019. The financial statements and MD&A can be found at www.sedar.com or www.trezcapitalseniormic.com. Financial Highlights & Business Update On June 16, 2016 the shareholders of the Company approved… [Read More]
Starlight U.S. Multi-Family (No. 1) Value-Add Fund Announces Second Quarter Financial Results Including Same Property NOI Growth of 16.1%
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Aug. 13, 2019 /CNW/ – Starlight U.S. Multi-Family (No.1) Value-Add Fund (TSXV: SUVA.A) (TSXV: SUVA.U) (the “Fund”) announced today its results of operations and financial condition for the three months ended June 30, 2019 (the “Second Quarter”) and six months… [Read More]
Killam Apartment REIT announces continued growth with strong Q2-2019 operating performance and the completion of $134 million of acquisitions
HALIFAX, Aug. 13, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today reported its results for the three and six months ended June 30, 2019. Q2-2019 Financial & Operating Highlights Reported net income of $82.8 million compared to $34.9 million in Q2-2018. Generated net operating income (“NOI”) of $37.5 million, a 10.6% increase from… [Read More]
H&R REIT Announces Q2 2019 Results
TORONTO, Aug. 13, 2019 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) is pleased to announce its financial results for the three and six months ended June 30, 2019. Q2 2019 highlights included the sale of The Atrium, the advancement of several development projects, a reduction in leverage and significant… [Read More]
CGI wins multiple-award Blanket Purchase Agreement to modernize Ginnie Mae’s suite of mortgage securitization applications
Agreement will provide software development services and incorporate Agile, DevSecOps and continuous integration/continuous delivery services to help Ginnie Mae better serve its clients FAIRFAX, VA, Aug. 13, 2019 /CNW Telbec/ – CGI (NYSE: GIB) (TSX: GIB.A) announced it has been awarded a Blanket Purchase Agreement (BPA) by the U.S. Department of Housing and Urban Development’s (HUD) Government National Mortgage… [Read More]
Genworth MI Canada Inc. acknowledges announcement by Genworth Financial, Inc. of sale of stake to Brookfield Business Partners L.P.
TORONTO, Aug. 13, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) acknowledges the announcements today by Genworth Financial, Inc. (“Genworth Financial“) and Brookfield Business Partners L.P. (“Brookfield Business Partners“) that Genworth Financial and Brookfield Business Partners have entered into a share purchase agreement for all 48,944,645 common shares of the Company owned by Genworth… [Read More]
Crombie REIT Announces Offering of $200 Million Series F Unsecured Notes and Redemption of $125 Million Series C Unsecured Notes
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ NEW GLASGOW, NS, Aug. 12, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN), announced today that it entered into an agreement to issue $200 million aggregate principal amount of Series F Senior Unsecured Notes maturing August 26, 2026 (the… [Read More]
Minto Apartment REIT Reports Strong Second Quarter 2019 Financial Results and Announces Distribution Increase
Board of Trustees approves 7.4% increase to monthly distribution, reflecting continued growth in AFFO OTTAWA, Aug. 12, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the second quarter and six months ended June 30, 2019 (“Q2 2019” and “YTD 2019”, respectively). The REIT acquired… [Read More]
BTB announces its distribution for the month of August 2019
MONTRÃAL, Aug. 12, 2019 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of August 2019 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on September 16, 2019 to unitholders of record on August 30, 2019. About… [Read More]
Sun Residential REIT Closes Initial Public Offering and Concurrent Private Placement
TSX Venture Exchange TradingSymbol: SRES.P TORONTO, Aug. 9, 2019 /CNW/ – Sun Residential Real Estate Investment Trust (“Sun“), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (“TSX-V“), is pleased to announce that on August 9, 2019 it completed its initial public offering of 5,000,000 trust units ( “IPO“) issued at a price… [Read More]
Holloway Lodging Corporation Reports Q2 2019 Results and Ceases Dividend in Connection With Proposed Acquisition of Holloway by Clarke Inc
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Aug. 9, 2019 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB) (“Holloway”) today announced financial results for the three and six months ended June 30, 2019. All amounts are presented in thousands of Canadian dollars, except per share amounts, unless… [Read More]
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