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The Real Brokerage to Present at the August 24th Virtual Investor Summit Conference

August 23, 2023 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir Poleg will be presenting at the virtual August 24th Investor Summit on Thursday, August 24, 2023 at 9:00 a.m. ET.


Real’s remarks will be broadcast live and can be accessed by interested parties at the link below, and in the “Investors” section of www.onereal.com.

Date: Thursday, August 24, 2023 

Time:  9:00 a.m. ET

Webcast link: https://us06web.zoom.us/webinar/register/WN_ZBCjTHw5Qhya7_VggDOyZA

About Real

The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 47 states, D.C., and four Canadian provinces with over 11,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

For additional information, please contact:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Dream Office REIT Announces August 2023 Monthly Distribution

August 22, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its August 2023 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The August distribution will be payable on September 15, 2023 to unitholders of record as at August 31, 2023.


Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

For further information, please contact:

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

Dream Industrial REIT Announces August 2023 Monthly Distribution

August 21, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its August 2023 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The August distribution will be payable on September 15, 2023 to unitholders of record as at August 31, 2023.


Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at June 30, 2023, Dream Industrial REIT owns, manages and operates a portfolio of 321 assets totalling approximately 70.3 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s goal is to deliver strong total returns to its unitholders through secure cash flows underpinned by its high-quality portfolio and an investment grade balance sheet as well as driving growth in its net asset value and cash flow per unit. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

President & Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

Cintas Canada Names Hard Bean Brunch Co. Winner of the 2023 Canada’s Best Restroom Contest

August 18, 2023 By Business Wire

B.C. restaurant wins $2,500 in facility products and services from Cintas

MISSISSAUGA, Ont.–(BUSINESS WIRE)–Canada has a new favourite washroom. Cintas Canada, Ltd. is proud to announce that Hard Bean Brunch Co. in Port Moody, British Columbia is the winner of the 2023 Canada’s Best Restroom contest. Hard Bean Brunch Co. will receive $2,500 in Cintas products and services to help maintain their award-winning washrooms.


Now in its 14th year, Cintas’ nationwide contest highlights businesses that have invested in developing and maintaining exceptional washrooms that are accessible to the public.

“Winning the title of Canada’s Best Restroom is truly an honour,” said Heather Rhodes, CEO, Hard Bean Brunch Co. “We take pride in our washrooms and we’re glad to see the public does too. We’re grateful to Cintas, the Port Moody community and our customers for their overwhelming support.”

The washrooms at Hard Bean Brunch Co. feature fully enclosed stalls framed in bright yellow trim with matching signature yellow doors. The walls are painted navy blue with sleek, black or white tile sitting below fun palm leaf wallpaper. Each stall is equipped with a sink and LED backlit mirror.

“Thousands of votes for this year’s five finalists poured in from across the country, demonstrating people’s appreciation for clean and memorable washroom facilities,” said Candice Raynsford, Marketing Manager, Cintas Canada. “Thanks to the public’s support, we’re proud to award Hard Bean Brunch Co. with the title of Canada’s Best Restroom.”

Hard Bean Brunch Co. promoted the contest on their social media profiles. They also displayed mirror clings provided by Cintas which included a QR code for voting.

Nominees for this year’s contest were judged on five criteria: cleanliness, visual appeal, innovation, functionality and unique design elements. Online voting was open to the public June 5 through July 7. The other finalists (in alphabetical order) included:

  • Forest Pavilion Washrooms (Winnipeg, Manitoba)
  • The Big Apple (Colborne, Ontario)
  • The Gathering Place Washrooms (Vancouver, British Columbia)
  • Yesterday’s Auto Gallery (Edmonton, Alberta)

For contest updates, fun facts and washroom trivia, “Like” Canada’s Best Restroom on Facebook at Facebook.com/CanadasBestRestroom.

For more information about the Canada’s Best Restroom contest or to receive a copy of the contest rules, contact Christina Alvarez at calvarez@mulberrymc.com or 708-908-0898.

About Cintas Canada, Ltd.

Cintas Canada Ltd, with headquarters in Mississauga, Ontario is a subsidiary of Cintas Corporation. Cintas helps more than 55,000 Canadian businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe and looking their best. With offerings including uniforms, mats, mops, restroom supplies, first aid and safety products and training, Cintas helps customers get Ready for the Workday®. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor’s 500 Index.

Contacts

Christina Alvarez

Mulberry Marketing Communications

708-908-0898

calvarez@mulberrymc.com

Niagara Falls Announces New Program to Educate, Protect Residents from Service Line Repairs

August 17, 2023 By Business Wire

NIAGARA FALLS, Ontario–(BUSINESS WIRE)–Homeowners in Niagara Falls now have access to optional service plans to assist with the cost and management of common plumbing repairs thanks to a new, voluntary program for residents, reviewed by local leaders. The service plans provide protection for the water and sewer service lines that connect a resident’s home to Niagara Falls’ system.


The 2022 “State of the Canadian Home” survey found that 40% of Canadian homeowners are unaware that they are financially responsible for needed repairs or replacement to the water and sewer lines on their property. These repairs are not covered under standard homeowner’s insurance or by the City of Niagara Falls.

“Learning that you’re responsible for the repair and replacement of your water service line after it’s already leaking or broken is stressful and can be a huge financial hit to our residents,” said Erik Nickel, General Manager of Municipal Works. “We want our residents to be aware of their responsibilities before an emergency happens and to prepare themselves. This optional program gives them the opportunity to do both.”

The no-deductible, low-cost service plans, available through Service Line Warranties of Canada (SLWC), ensure homeowners do not have to pay hundreds or even thousands out-of-pocket for a repair. This is especially important since the “State of the Canadian Home” survey found that nearly one in five (19%) Canadian homeowners have nothing set aside for an emergency. The plans give Niagara Falls homeowners reliable access to local, licensed and insured contractors who can quickly and professionally complete needed repairs on service lines.

Homeowners will soon receive information in the mail about the program and available service plans. There is no obligation to sign up for a plan – participation in the program is voluntary. The mailings are administered by SLWC but include Niagara Falls logo to indicate that the mailing is legitimate and that there is a partnership in place between the City of Niagara Falls and SLWC.

The program is provided at no cost to the City of Niagara Falls and no public funds are used to promote or administer it.

“A SLWC service plan is a smart way for homeowners to prepare for a home emergency. These plans take the worry, inconvenience, and financial burden out of the repair,” said Mike Van Horne, General Manager, Service Line Warranties of Canada. “Niagara Falls homeowners with a plan have easy access to a network of excellent, local contractors, and they get peace of mind that they won’t be financially responsible for a covered home repair emergency.”

Homeowners in 70 Ontario municipalities now have access to SLWC service repair plans. Since the SLWC program began in 2014, homeowners have saved more than $8 million in repair expenses. Niagara Falls homeowners with questions or who wish to receive more information about SLWC or the plans available to residents can call 1-844-616-8444 or visit www.slwofc.ca.

About Service Line Warranties of Canada

Service Line Warranties of Canada (SLWC) is part of HomeServe, a leading provider of home repair solutions serving nearly 5 million customers across North America since 2003.

Launched in 2014, SLWC is the trusted source of utility line protection programs in Ontario as recognized by the Local Authority Services, part of the Association of Municipalities Ontario (AMO). SLWC is also a corporate partner of the Federation of Canadian Municipalities.

Together with HomeServe, SLWC is dedicated to supplying best-in-class repair plans and delivering superior customer service to consumers through over 1,200 leading city, municipal and utility partners across North America.

Contacts

Mike Van Horne

General Manager, Service Line Warranties of Canada

Phone: 203-840-8110

Email: mike.vanhorne@homeserveusa.com

Kristin Elder

Hill+Knowlton Strategies for HomeServe

Phone: 703-835-6245

Email: Kristin.Elder@hkstrategies.com

e-Emphasys Technologies Debuts on the 2023 Inc. 5000 List of Fastest-Growing Private Companies in the United States

August 16, 2023 By Business Wire

Global dealer management software provider recognized for strong business performance


CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global provider of enterprise software for equipment dealers, today announced it was named to the prestigious Inc. 5000 list of the fastest-growing private companies in the United States. This is the first-year e-Emphasys has been included on the list, which ranks companies according to percentage revenue growth from 2019 to 2022.

“We’re thrilled to appear on this esteemed list, which I believe reflects the value our industry-specific expertise and innovation provides,” said Jeff Hart, President and CEO of e-Emphasys. “Organizations across the sectors we serve are eager to adopt technology to improve their business performance, and we’ve been dedicated to giving them the digital transformation and data intelligence solutions they need to better understand their financial status, know if customers are happy, and determine what can be done better or faster.”

For more than 20 years, e-Emphasys has focused on a singular industry and its specific market sectors. The company’s software suites, e-Emphasys ERP and IntelliDealer, allow clients to connect every aspect of their dealerships to standardize and automate workflows, access real-time analytics, and make data-driven decisions.

The Inc. 5000 was first introduced in 1982 and has become a hallmark of entrepreneurial success. e-Emphasys’ appearance on the 2023 list comes amid an accelerated period of corporate growth and other industry recognition. For example, the company merged with CDK Global Heavy Equipment in May, effectively doubling its revenue, and was included in The Financial Times’ America’s Fastest-Growing Companies 2023 annual ranking.

About e-Emphasys Technologies

e-Emphasys Technologies Inc. is a global provider of dealer management software. Our market-leading solutions, e-Emphasys ERP and IntelliDealer, give agriculture, construction, heavy truck, material handling and other equipment dealers the technology to modernize and grow their businesses. Designed to meet these clients’ industry-specific needs, our platforms connect every aspect of dealership operations to increase efficiency, customer satisfaction and profitability. We’re proud to support the ecosystem of manufacturers, dealers and their customers who help the world run every day. Learn more at www.e-emphasys.com or follow us on LinkedIn.

Contacts

Media:
Lisa Williams

press@e-emphasys.com
+1 339. 788. 0067

ECN Capital and Skyline Champion Announce Strategic Relationship

August 15, 2023 By Business Wire

Skyline Champion to Make C$185 Million Strategic Investment in ECN Capital

ECN Capital and Skyline Champion to Establish New Captive Finance Company

TORONTO & TROY, Mich.–(BUSINESS WIRE)–ECN Capital Corp. (TSX: ECN) (“ECN Capital”) and Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced that they have entered into a share subscription agreement (the “Subscription Agreement”) pursuant to which Skyline Champion has agreed to make an approximately C$185 million (US$138 million) equity investment in ECN Capital on a private placement basis (the “Private Placement”) in exchange for 33,550,000 common shares of ECN Capital (the “Common Shares”) and 27,450,000 mandatory convertible preferred shares, Series E of ECN Capital (“Convertible Preferred Shares”). Upon closing of the Private Placement, Skyline Champion is expected to beneficially own an approximately 19.9% interest in ECN Capital (assuming the conversion of all Convertible Preferred Shares).

In connection with the Private Placement, ECN Capital and Skyline Champion will form a captive finance company that will be 51% owned by Skyline Champion and 49% owned by Triad Financial Services, Inc. (“Triad”), a wholly-owned subsidiary of ECN Capital. The captive finance company will provide a tailored retail finance loan program for customers and a new branded floorplan offering for Skyline Champion and its affiliates in the manufactured home finance space and will operate with services provided by Triad.

The captive finance company is expected to enable both companies to work more closely together to grow their respective businesses and create value for their stakeholders. Among other things, the captive finance company is expected to:

  • drive greater demand for product by providing broader and more attractive financing options and services for Skyline Champion’s customers;
  • enhance Skyline Champion’s turn-key homebuying solutions while magnifying the benefits of their digital and direct-to-consumer strategic investments; and
  • generate increased retail loan originations and floorplan balances, driving growth and scale efficiencies for Triad.

“We are pleased to announce this new and expanded partnership with Skyline Champion, a leading participant in the North American manufactured housing sector,” said Steven Hudson, Chief Executive Officer of ECN Capital. “This transaction represents the culmination of the strategic review process that we commenced earlier this year, and we are very excited by the significant growth opportunities that the establishment of the new captive finance company will bring to Triad. The concurrent equity and preferred share investments in ECN Capital also represent a strong endorsement of ECN Capital’s business model and the value of our platform.”

“We are excited to announce this new strategic collaboration with one of our long-standing business partners,” said Mark Yost, Skyline Champion’s President and Chief Executive Officer. “The partnership with Triad will help streamline the homebuying experience for our channel partners as well as the consumers of our homes. This will allow us to expand our ability to offer affordable housing solutions more efficiently while driving company-wide growth. The asset-light model of these financing solutions combined with the strength of our balance sheet allow us to partner with ECN Capital while continuing our investments in our longer-term commercial and operational initiatives. We are excited about the future and the benefits this investment will bring to both companies’ stakeholders.”

Key Private Placement Details

Equity Investment

Pursuant to the Subscription Agreement, Skyline Champion has agreed acquire 33,550,000 Common Shares and 27,450,000 Convertible Preferred Shares, in each case at a price per share equal to C$3.04 (the “Share Issue Price”).

The Convertible Preferred Shares are initially convertible on a one-for-one basis into an aggregate of 27,450,000 Common Shares based on an initial liquidation preference and conversion price equal to the Share Issue Price, which are subject to customary anti-dilution adjustments. The Convertible Preferred Shares are convertible at any time at the option of Skyline Champion, are convertible at the option of ECN Capital in connection with a change of control of ECN Capital and will automatically convert into Common Shares on the fifth anniversary of closing of the Private Placement, in each case subject to a conversion cap in the event that, as a result of any conversion, Skyline Champion would hold in excess of 19.9% of outstanding Common Shares.

The Convertible Preferred Shares will receive cumulative cash dividends at a rate of 4.0% per annum on the liquidation preference, payable semi-annually.

The holder of the Convertible Preferred Shares will be entitled to vote on an as-converted basis for all matters on which holders of Common Shares vote and, except as otherwise required by law, will vote together as a single class with the Common Shares.

The Convertible Preferred Shares will not be transferrable other than to affiliates of Skyline Champion or with the prior approval of the Board of Directors of ECN Capital. The Common Shares to be acquired by Skyline Champion pursuant to the Private Placement are subject to a two-year lock-up period, subject to permitted transfers to affiliates of Skyline Champion.

While the Convertible Preferred Shares will not be listed on any stock exchange, ECN Capital has applied for conditional approval for the listing of the underlying Common Shares on the TSX. ECN Capital has also applied for conditional approval from the TSX for the listing of the Common Shares to be acquired by Skyline Champion pursuant to the Private Placement.

ECN Capital intends to use the net proceeds of the Private Placement for general corporate purposes.

Investor Rights Agreement

Pursuant to an investor rights agreement to be entered into on closing of the Private Placement (the “Investor Rights Agreement”), Skyline Champion will have the right to nominate one director to serve on the Board of Directors of ECN Capital. On closing, ECN Capital intends to appoint Mark Yost, President and Chief Executive Officer of Skyline Champion, to the Board of Directors of ECN Capital.

The Investor Rights Agreement will also provide for, among other things, customary piggy-pack registration rights, pre-emptive rights, standstill and voting support obligations. In addition, in light of the strategic partnership between ECN Capital and Skyline Champion, consisting of the Private Placement and the captive finance company, ECN Capital will also agree pursuant to the Investor Rights Agreement that for a two-year period from closing of the Private Placement: (i) unanimous approval of the Board of Directors of ECN Capital will be required in order to market the sale of Triad, pursue any material acquisitions or dispositions outside of the ordinary course (subject to certain agreed upon dispositions) or pay any dividends in excess of ECN Capital’s current quarterly dividends on its Common Shares and existing preferred shares and dividends on the Convertible Preferred Shares; and (ii) Skyline Champion will have a right to match in connection with unsolicited offers to acquire ECN Capital or Triad.

Conditions to Closing

The Private Placement is anticipated to close in September 2023, subject to certain customary closing conditions including the receipt of conditional approval from the TSX and the expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

Conference Call and Webcast Information:

ECN Capital will be hosting an analyst briefing to discuss its financial statements and management discussion and analysis for the three-month period ended June 30, 2023 and its strategic relationship with Skyline Champion commencing at 6:30 p.m. Eastern Time on August 14, 2023. The call can be accessed as follows:

Webcast

 

https://services.choruscall.ca/links/ecncapitalcorp2023q2.html

Toll-free dial in

 

North America 1-800-319-4610

 

International 1-416-915-3239

 

 

Presentation slides

 

http://ecncapitalcorp.com/investors/presentations

A telephone replay of ECN Capital’s conference call may also be accessed until September 14, 2023 by dialing 1-800-319-6413 and entering the passcode 0363#.

Skyline Champion management will host a conference call tomorrow, August 15, 2023, at 9:00 a.m. Eastern Time, to discuss this transaction.

Investors and other interested parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of Skyline Champion’s website at skylinechampion.com. The online replay will be available on the same website immediately following the call.

The conference call can also be accessed by dialing (877) 407-4018 (domestic) or (201) 689-8471 (international). A telephonic replay will be available approximately two hours after the call by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the live call and the replay is 13740713. The replay will be available until 11:59 P.M. Eastern Time on August 29, 2023.

Additional Information

ECN Capital intends to file a material change report in connection with the transactions contemplated by this news release, which will be available under ECN Capital’s profile on SEDAR+ at www.sedarplus.ca. In connection therewith, a copy of the Subscription Agreement and the exhibits thereto, including the form of Investor Rights Agreement and share terms for the Convertible Preferred Shares (the “Share Terms”), will be filed with the applicable Canadian securities regulators on SEDAR+ at www.sedarplus.ca. The above descriptions of the terms and conditions of the Subscription Agreement, Investor Rights Agreement and Share Terms are expressly qualified in their entirety by the full text of the as filed documents.

Advisors

CIBC Capital Markets, BMO Capital Markets and Goldman Sachs are serving as financial advisors to ECN Capital and Blake, Cassels & Graydon LLP, Cravath, Swaine & Moore LLP and McGlinchey Stafford PLLC are serving as legal counsel.

Jefferies LLC is serving as financial advisor to Skyline Champion, and King & Spalding LLP and McCarthy Tetrault LLP are serving as legal counsel.

About ECN Capital Corp.

With managed assets of US$4.7 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American based banks, credit unions, life insurance companies, pension funds and institutional investors (collectively our “Partners”). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. Our Partners are seeking high quality assets to match with their deposits, term insurance or other liabilities. These services are offered through two operating segments: (i) Manufactured Housing Finance, and (ii) Recreational Vehicles and Marine Finance.

About Skyline Champion

Skyline Champion Corporation (NYSE: SKY) is a leading producer of factory-built housing in North America and employs approximately 7,600 people. With more than 70 years of homebuilding experience and 44 manufacturing facilities throughout the United States and western Canada, Skyline Champion is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors.

In addition to its core home building business, Skyline Champion provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 31 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.

Skyline Champion builds homes under some of the most well-known brand names in the factory-built housing industry including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, the “forward-looking statements”). Such statements are based on the current expectations and views of future events of ECN Capital’s and Skyline Champion’s management. In some cases the forward-looking statements can be identified by words or phrases such as “will”, “expect”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Forward-looking statements in this press release include those relating to the Private Placement and the establishment of the captive finance company, including the anticipating timing of closing of the Private Placement, the expected use of proceeds of the Private Placement, the expected appointment of Mark Yost to the Board of Directors of ECN Capital and the anticipated benefits of the Private Placement and the captive finance company to ECN Capital and Skyline Champion, including the provision of more attractive financing options for Skyline Champion’s customers, driving greater demand for Skyline Champion’s products and generating increased originations and balances for Triad. The forward-looking statements discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting ECN Capital and Skyline Champion, including risks regarding expected timing of the closing of the Private Placement and launch of the captive finance company, the market’s acceptance of the captive finance company’s retail finance program and branded floorplan offering, the parties’ plans, strategies and objectives and other factors beyond the control of ECN Capital and Skyline Champion. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause ECN Capital’s and Skyline Champion’s actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements contained herein. Accordingly, readers should not place undue reliance on such forward-looking statements. A discussion of the material risks and assumptions associated with ECN Capital’s business can be found in ECN Capital’s Management Discussion and Analysis for the three and six months ended June 30, 2023 and Annual Information Form dated March 30, 2023 which can be accessed at www.sedarplus.ca. A discussion of the material risks and assumptions associated with Skyline Champion’s business can be found in Skyline Champion’s Annual Report on Form 10-K for the fiscal year ended April 1, 2023 previously filed with the Securities and Exchange Commission (“SEC”), as well as in Skyline Champion’s Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, filed with or furnished to the SEC. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and ECN Capital and Skyline Champion do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contacts

John Wimsatt

561-389-2334

jwimsatt@ecncapitalcorp.com

Kevin Doherty

248-614-8211

investorrelations@championhomes.com

The Real Brokerage Elevates Jenna Rozenblat to Chief Operating Officer

August 11, 2023 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced the promotion of Jenna Rozenblat to Chief Operating Officer. In this role, Rozenblat will be responsible for overseeing Real’s day-to-day operations, implementing strategies to enhance efficiency and ensuring the execution of the company’s vision to build a technology platform that simplifies the process of buying and selling homes for agents and their clients.




She will report to Real President Sharran Srivatsaa and work closely with the executive team to drive sustainable growth and capitalize on emerging opportunities in the industry.

“Since joining Real earlier this year, Jenna has proven herself to be a forward-thinker who is quick to identify strategic opportunities aimed at driving Real forward in a rapidly evolving and challenging market,” Srivatsaa said. “Her knowledge of the real estate industry and proven leadership skills will allow us to continue to accelerate our growth as we bring more agents onto our platform and better integrate our mortgage and title offerings.”

Rozenblat brings 15 years of operations, program management and customer service experience to her new role. She joined The Real Brokerage in January 2023 as Executive Vice President of Operations, a role that allowed her to showcase her expertise in driving operational excellence to create a best-in-class experience for the company’s rapidly growing agent base and their clients throughout the U.S. and Canada.

“Real is intent on providing agents with a platform in which they can do their best work for their clients and build long-term wealth,” Rozenblat said. “I’m honored to step into this role, expand my scope and continue driving change and improvement across the organization.”

Prior to joining Real, Rozenblat spent nearly four years as Head of Real Estate Operations leading Orchard’s customer experience and market expansion teams and was recognized as a 2021 HousingWire Insider. Earlier she was Chief Executive Officer of Village Realty, a technology-powered residential real estate brokerage based in Atlanta which, under her leadership, was recognized as one of Inc. magazine’s Best Workplaces of 2019. Earlier, she was Vice President, Program Management at Web.com, formerly Yodle, where she spent nearly a decade in operations and program management roles with increasing responsibility.

Rozenblat holds two bachelor’s degrees from Elon University.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s ability to continue to attract agents.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns and Real’s ability to attract new agents and retain current agents. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

About Real

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 47 states, D.C., and four Canadian provinces with over 11,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Inovalis Real Estate Investment Trust Announces Distributions for September, October and November 2023

August 10, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–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 September, October and November 2023 as per the following schedule:

Month

Record Date

Distribution Date

Distribution Amount

September, 2023

September 29, 2023

October 16, 2023

$0.034375

October, 2023

October 31, 2023

November 15, 2023

$0.034375

November, 2023

November 30, 2023

December 15, 2023

$0.034375

About Inovalis REIT

Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 13 assets. Inovalis REIT acquires (indirectly) real estate properties via CanCorpEurope, authorized Alternative Investment Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A.

About Inovalis Group

Inovalis S.A. is a French Alternative Investment fund manager, authorized by the French Securities and Markets Authority (AMF) under AIFM laws. Inovalis S.A. and its subsidiaries (Advenis S.A., Advenis REIM) invest in and manage Real Estate Investment Trusts such as Inovalis REIT, open ended funds (SCPI) with stable real estate focus such as Eurovalys (for Germany) and Elialys (Southern Europe), Private Thematic Funds raised with Inovalis partners to invest in defined real estate strategies and direct Co-investments on specific assets

Inovalis Group (www.inovalis.com), founded in 1998 by Inovalis SA, is an established pan European real estate investment player with EUR 7 billion of AuM and with offices in all the world’s major financial and economic centers in Paris, Luxembourg, Madrid, Frankfurt, Toronto and Dubai. The group is comprised of 300 professionals, providing Advisory, Fund, Asset and Property Management services in Real Estate as well as Wealth Management services.

Contacts

David Giraud, Chief Executive Officer
Inovalis Real Estate Investment Trust

Tel: +33 1 5643 3323

david.giraud@inovalis.com

Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust

Tel:+33 1 5643 3313

khalil.hankach@inovalis.com

The Real Brokerage Leads the Way With AI-Powered Personal Concierge, Supercharging Agent Productivity and Creating Significant Operating Efficiencies

August 9, 2023 By Business Wire

Leo offers 24/7 concierge support to Real’s 11,000 agents

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced today that Leo – a ground-breaking 24/7 concierge powered by Generative Pre-trained Transformer (GPT) technology and machine learning – is now available to its agents and brokers throughout the U.S. and Canada.




Since it was first announced in mid-May, nearly 200 alpha testers have used Leo to get an immediate response to tens of thousands of questions that in the past would have required a call or email to the corporate support team and hundreds of hours tracking down answers. By leveraging AI to field the most frequently asked questions, Real anticipates sustaining its current low staff-to-agent ratio as it continues to grow its agent base, while increasing agent productivity overall.

“An agent’s life is centered around taking care of clients, spanning time zones outside the constraints of traditional business hours. When an agent needs help, they don’t need generic AI responses from a random AI engine. They need context-sensitive answers, related to their business, their clients, their deals and their personal situation,” Real Chief Technology Officer Pritesh Damani said. “By integrating Leo with our transaction management and signature platform, Real agents have direct access to a private 24/7 concierge. In the future, we see a world where Leo will take the initiative, proactively creating personalized marketing assets and daily playbooks, supercharging our agents’ productivity in a whole new way.”

Leo is personalized for each agent, allowing it to understand and cater to their unique needs and working style. This approach ensures that every agent receives the precise support they need, when they need it, making their job easier. In addition, Leo is programmed to comprehend complex queries, provide accurate responses and learn from each interaction, thereby continually improving its ability to assist agents. Looking ahead, Real plans to integrate Leo into all of the company’s platforms and services, marking a transformative move into industries like mortgage and title.

“Whether dealing with routine inquiries or tackling complex questions, Leo consistently delivers exceptional results,” said Chris Speicher of Real’s D.C. area-based Speicher Group and one of the agents who took part in the alpha test. “By reducing the need to seek support, Leo empowers us with instant access to comprehensive answers, thereby enhancing overall efficiency and productivity.”

Hugo Sanchez, of Real’s Hermann & Sanchez Realty Group, San Diego who also took part in the alpha test, said, “Leo is intuitive and super easy to use. Although it is still under development, it’s already incredibly powerful. I’m excited to see what new features and capabilities it will have in the future to help us save time, improve efficiency and increase productivity.”

Real will host a live webinar to showcase Leo’s capabilities on Wed. Aug. 9 at noon EDT, 11 a.m. CDT and 9 a.m. PDT. Anyone interested in joining may register here.

About Real

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 47 states, D.C., and four Canadian provinces with over 11,000 agents. Additional information can be found on its website at www.onereal.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s ability to launch Leo, the timing of Leo’s launch and Leo’s ability to assist agents and improve operational efficiencies.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, Real’s inability to successfully launch Leo and Real’s inability to achieve anticipated operational efficiencies from Leo. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Slate Office REIT Posts Q2 2023 Earnings Call Transcript and Investor Update

August 8, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Q2 2023 earnings call transcript and investor update are now available on the REIT’s website and can be accessed by visiting the following links:


  • Slate Office REIT – Q2 2023 earnings call transcript
  • Slate Office REIT – Q2 2023 investor update

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus, and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SOT-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

DXP Sets Date for 2023 Second Quarter Earnings Release and Conference Call

August 7, 2023 By Business Wire

HOUSTON–(BUSINESS WIRE)–DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the second quarter ended June 30, 2023, on Tuesday, August 8th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:00 A.M. Central Time on Wednesday, August 9th.


The call and an accompanying slide presentation will be on the “Investor Relations” section of DXP’s website at www.dxpe.com. A replay of the webcast will be available shortly after the conclusion of the presentation.

DXP’s earnings press release, the slides and other related presentation materials will be posted to the “Investor Relations” section of DXP’s website under the subheading “Financial Information” after the market closes on the date of the earnings call and will remain available following the call.

Web participants are encouraged to go to the Company’s website (www.dxpe.com) at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.

The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company’s filings with the Securities and Exchange Commission.

Contacts

DXP Enterprises, Inc.

Kent Yee, 713-996-4700

Senior Vice President, CFO

www.dxpe.com

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