NEW GLASGOW, NS, Feb. 22, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX:CRR.UN) is pleased to report its financial results for the three months and year ended December 31, 2016. Fourth quarter 2016 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Funds From Operations (“FFO”): FFO, as adjusted,… [Read More]
Automotive Properties REIT Fourth Quarter 2016 Financial Results Release Date, Conference Call and Webcast
TORONTO, Feb. 22, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) will release its 2016 fourth quarter and year-end financial results after market close on Monday, March 20, 2017. Milton Lamb, Chief Executive Officer, and Andrew Kalra, Chief Financial Officer, will host a conference call for analysts and investors on Tuesday,… [Read More]
Summit Industrial Income REIT Announces Solid Growth & Strong Performance in 2016
TORONTO, Feb. 21, 2017 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today solid growth and strong operating performance for the three months and year ended December 31, 2016. 2016 Highlights: Acquired seven income-producing properties totaling 763,898 sq. ft. for $80.9 million at average cap rate of 7.05%. Entered… [Read More]
Clarocity Corporation Announces Amended Debt Facility
CALGARY, Feb. 21, 2017 /CNW/ -Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced that it has amended the previously announced (see August 31, 2016, September 22, 2016 and January 23, 2017 press releases) debt facility (“Facility“) provided by StableView Asset Management (“StableView“). The initial $4,000,000 Facility has been drawn down and the Company… [Read More]
Leading Independent Proxy Advisor Glass Lewis Recommends Milestone Apartments REIT Unitholders Vote “FOR” the Going Private Transaction of the REIT
Unitholders will crystallize value with US$16.15 in cash for each Milestone Apartments REIT unit DALLAS, Feb. 21, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that Glass, Lewis & Co., LLC (“Glass Lewis”), a leading independent proxy voting advisory firm, has recommended that Milestone unitholders vote… [Read More]
Inovalis Real Estate Investment Trust announces February, March and April 2017 distributions
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 20, 2017 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT’s monthly cash distribution for the months of February, March and April as per the following… [Read More]
Nobel REIT announces February distribution
MONTREAL, Feb. 20, 2017 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT“) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of February 2017. The distribution will be payable on March 15, 2017 to unitholders of record as at February 28, 2017. About… [Read More]
Trez Capital Mortgage Investment Corporation announces February 2017 distribution
TORONTO, Feb. 17, 2017 : Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the “Company”) announced today that its board of directors has declared a distribution of $0.0583 per Class A share of the Company. The distribution, which constitutes a return of capital will be paid on March 15, 2017 to holders of Class A shares of… [Read More]
Trez Capital Senior Mortgage Investment Corporation announces February 2017 distribution
TORONTO, Feb. 17, 2017 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) announced today that its board of directors has declared a distribution of $0.0485 per Class A share of the Company. The distribution, which constitutes a return of capital will be paid on March 15, 2017 to holders of Class A… [Read More]
Clarocity Corporation Awarded New Contract to Perform Next Phase of Valuation Services for U.S. Government Asset Sales
CALGARY, Feb. 17, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity”) today announced that its U.S. subsidiary Valuation Vision, Inc. has been contracted by a Federal U.S. Government Department to perform valuation services for the most recent release of delinquent asset sales. Based on previous performance, Valuation Vision has earned the opportunity to… [Read More]
Boardwalk REIT Announces Fourth Quarter Financial Results
12M, 2016 FFO per unit of $2.84 and includes $0.09 per trust unit of one-time, non-recurring items Q4, 2016 FFO per unit of $0.58 Positioning for market recovery Suite renovation and upgrade packages remain key to Resident value and reduction of incentives and vacancy Short-term capital availability increases to $482 million Countercyclical Acquisitions and Solid… [Read More]
Summit Industrial Income REIT Announces Property Acquisitions
TORONTO, Feb. 16, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed the acquisition of a 120,690 square foot light industrial property in Calgary, Alberta for a purchase price of $17.0 million. Located close to other Summit-owned assets, the property is 100% occupied by two… [Read More]
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