Transaction Delivers Substantial Premium, Provides Certain Cash Value to Genworth MI Canada Inc. Shareholders TORONTO, Oct. 26, 2020 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the “Company“) (TSX: MIC), today announced that it has entered into a definitive arrangement agreement (the “Arrangement Agreement“) pursuant to which Brookfield Business Partners L.P. (NYSE:… [Read More]
Chartwell Begins Construction of a New Long Term Care Home
MISSISSAUGA, ON, Oct. 26, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today that it has received all necessary approvals to commence construction of a new 224-bed long term care home in Ajax, Ontario. Once complete, the new structure will replace an existing 100-bed long term care home. Residents will continue to receive… [Read More]
Firm Capital Apartment Real Estate Investment Trust Announces Senior Management Changes
TORONTO, Oct. 22, 2020 /CNW/ – Firm Capital Apartment Real Estate Investment Trust (the “Trust“), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to announce the promotion of Sandy Poklar to President & Chief Executive Officer and the appointment of Mark Goldreich to Chief Financial Officer, subject to regulatory approval. Mark Goldreich has been the VP Finance and… [Read More]
Timbercreek Financial Declares October 2020 Dividend
TORONTO, Oct. 22, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) is pleased to announce that its board of directors (the âBoardâ) has declared a monthly cash dividend of $0.0575 per common share (âCommon Shareâ) of the Company to be paid on November 13, 2020 to holders of Common Shares of record on October… [Read More]
Flagship Communities Real Estate Investment Trust Announces Full Exercise and Closing of Over-Allotment Option and Initial Cash Distribution
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Oct. 22, 2020 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT“) (TSX: MHC.U) announced today that, in connection with the initial public offering (the “IPO“) of trust units (the “Units“) of the REIT, the over-allotment option granted to the… [Read More]
BMO Housing Survey: COVID Has First-Time Homebuyers Leaning Towards Fixed Rate Mortgages and Many Will Look to Family for Financial Help
TORONTO, Oct. 22, 2020 /CNW/ – With pent-up demand and low borrowing costs driving demand in the Canadian housing market, first-time homebuyers are looking to get their foot in the (homeownership) door. However, according to BMO’s latest release on the housing market, many indicate they will look for help from family to get there. And with… [Read More]
RESAAS Selected by San Francisco Association of REALTORS® to Develop First-To-Market Email Distribution Service for Associations
VANCOUVER, BC, Oct. 22, 2020 /CNW/ – RESAAS Services Inc. (TSX-V:RSS) (OTCQB:RSASF), a technology platform for the real estate industry, is pleased to announce that the San Francisco Association of REALTORS® (SFAR) has engaged RESAAS as its official software development partner to create a first-to-market email distribution service. The email service will solve a long-term problem… [Read More]
PROREIT Announces October 2020 Distribution and Provides Rent Collection Update
Over 99.5% of rent collected to date for August, September and October 2020 Monthly cash distribution of $0.0375 per unit declared MONTREAL, Oct. 21, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) today announced its October 2020 distribution and provided an update on recent rent collections. “The underlying… [Read More]
RioCan Real Estate Investment Trust Announces Senior Executive Management and Board Changes
Edward Sonshine, O. Ont., Q.C. to transition from Chief Executive Officer to Non-Executive Chairman on April 1, 2021; Jonathan Gitlin to be appointed as President and Chief Executive Officer TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today confirmed that, as previously announced, RioCanâs founder,… [Read More]
WPT Industrial Real Estate Investment Trust Announces October 2020 Distribution
TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of October 2020 of US$0.0633 per unit. The distribution will be payable on November 16, 2020 to unitholders of record… [Read More]
Summit Industrial Income REIT Provides an Update on Financing Activities
TORONTO, Oct. 20, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today has provided an update on its recent financing activities. Approximately $250 million of the REIT’s $350 million non-revolving bridge loan has been repaid through proceeds from the REIT’s recent offering of $250 million 5-year 2.15% Series A senior… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Announces Timing of Third Quarter 2020 Results and Conference Call
TORONTO, Oct. 20, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that it will issue its third quarter 2020 financial results for the three months ending September 30, 2020 on Thursday, November 12, 2020, after markets close. A conference call will be held on Friday, November 13,… [Read More]
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