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CAPREIT Appoints Mark Kenney as Chief Executive Officer and Trustee

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TORONTO, March 27, 2019 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that Mark Kenney has been appointed Chief Executive Officer of CAPREIT and as a member of CAPREIT’s board of trustees, effective March 27, 2019. Mr. Kenney joined CAPREIT in 1998 and, since that time, has been actively involved… [Read More]

PROREIT Announces Fourth Quarter and Full Year 2018 Results

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ Total assets reached $509.7 million, a 39% year-over-year increase Net comprehensive income grew 86.7% on a year-over-year basis Net operating income1 grew 42.6% on a year-over-year basis AFFO1 increased 38.9% year-over-year Occupancy rate rose 250 basis points to 98.2% Internalization… [Read More]

BSR REIT Completes Acquisition of Wimberly Apartments in Dallas-Fort Worth

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LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has completed the purchase of Wimberly Apartments (“Wimberly” or the “Property”), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange… [Read More]

BSR REIT Completes Acquisition of Wimberly Apartments in Dallas-Fort Worth

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LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has completed the purchase of Wimberly Apartments (“Wimberly” or the “Property”), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange… [Read More]

Terra Firma Capital Corporation Provides Update on Urbancorp Matters

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TORONTO, March 27, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, provides the following update on various matters related to its loans in default with entities controlled or related to Urbancorp Inc. and its principals (the “Borrower”):

European Commercial REIT Delivers Strong Operating Performance in 2018

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Expects to Acquire 2,091 Rental Residential Suites in the Netherlands to Accelerate Growth TORONTO, March 26, 2019 /CNW/ – European Commercial Real Estate Investment Trust (“ECREIT” or the “REIT”) (TSX-V: ERE.UN) announced today strong operating performance for the year ended December 31, 2018. 2018 HIGHLIGHTS Portfolio growth and operating performance generate strong results: Property revenues up… [Read More]

Automotive Properties REIT Announces Agreements to Acquire Two Dealership Properties in Winnipeg from AutoCanada

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 26, 2019 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) announced today that it has entered into agreements to purchase two automotive dealership properties in Winnipeg, Manitoba from AutoCanada Inc. (TSX: ACQ) (“AutoCanada”) for a… [Read More]

Scotiabank eHOME: A new digital mortgage experience

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TORONTO, March 26, 2019 /CNW/ – Scotiabank has launched a unique digital mortgage experience, called Scotiabank eHOME, that modernizes how Canadians can get a mortgage. With Scotiabank eHOME, Canadians can apply for a mortgage completely online, track the application status through real-time updates, and complete the closing with a lawyer without requiring an in-person appointment… [Read More]