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The Real Brokerage to Present at the Sidoti Virtual Micro Cap Conference

January 16, 2023 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (TSX: REAX) (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 Sidoti Micro Cap Virtual Conference on Wednesday, January 18, 2023 at 10:00am 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: Wednesday, January 18, 2023

Time: 10:00am ET

Webcast link: https://sidoti.zoom.us/webinar/register/WN_lfkBnCnLQhSBb7vZo919ig

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. We provide a digital brokerage platform for agents, while working to build a better end-to-end home buying experience for consumers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 8,000 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

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

The Canadian Alliance for Skills and Training in Life Sciences (CASTL) announces location for Quebec Biomanufacturing Training Facility

January 13, 2023 By Business Wire

CHARLOTTETOWN, Prince Edward Island & MONTREAL–(BUSINESS WIRE)–The Canadian Alliance for Skills and Training in Life Sciences (CASTL) announced today its expansion into Quebec with the location of their future Biomanufacturing Training Facility in Montreal.

Located at 4100 Molson Street, in the heart of the Technopôle Angus, the new 4544 square foot training facility will contain leading-edge pilot-scale bioprocessing equipment that will allow employees to gain practical skills that are immediately transferable to process scale-up and clean room environments. The facility will be equipped with laboratories and classroom spaces built to deliver the highest quality bioprocessing training. With this new facility, CASTL can deliver on-site customized hands-on and theoretical training for entry-level employees through to senior management and post-secondary students.

“CASTL is excited to buildout partnerships with academia, industry, and government in Quebec to address the future skills needs of the bioscience sector. This new facility located in Technopôle Angus responds to the demand for highly skilled personnel in Quebec’s growing biomanufacturing sector. We’re pleased to partner with Société de développement Angus on this initiative,” said Penny Walsh-McGuire, Executive Director, CASTL.

Located just a few kilometres from downtown Montreal in the heart of the Rosemont-La Petite-Patrie borough, Technopôle Angus is a significant health care hub in East Montreal and houses public and private medical clinics and many organizations offering research, health, and wellness services.

“The arrival of the CASTL Biomanufacturing Training Facility at Technopôle Angus marks a step forward in our efforts to establish the Personalized Healthcare Zone in eastern Montreal. We are looking forward to trainees coming to the facility and discovering everything this site has to offer,” said Christian Yaccarini, CEO of la Société de développement Angus.

In April 2022, CASTL announced the intent to establish a biomanufacturing training facility in Quebec. The facility development is made possible through a contribution of $2.5 million from the Quebec Government. It is expected to open in Fall 2023.

“This new training centre will strengthen our province’s expertise in the areas of health and innovation, as well as bolster Quebec and Montreal’s position as leaders in the life sciences field. It’s a major asset to develop and attract new talents in the east end of Montreal,” said Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister Responsible for Regional Economic Development and Minister Responsible for the Metropolis and the Montreal Region.

A national initiative supporting Canada’s life sciences ecosystem, CASTL offers training specializing in biopharmaceutical manufacturing. CASTL is supported by National Lead Partner adMare BioInnovations and its adMare Academy.

“As a major hub of biotechnology and innovation, Montreal is a phenomenal choice for CASTL’s new biomanufacturing training facility,” says Christine Allen, adMare’s VP of Ecosystems. “adMare is thrilled to welcome CASTL to Montreal, where we can continue to work closely together to train the talent in the Canadian life sciences ecosystem, as their national lead partner.”

In September 2022, CASTL opened its first biomanufacturing training facility in Charlottetown, Prince Edward Island. Additional facility locations within Canada are being considered to ensure broad geographic access to this type of critical training.

For more information on CASTL’s Biomanufacturing Training Programs visit www.castlcanada.ca or email info@castlcanada.ca.

About CASTL

The Canadian Alliance for Skills and Training in Life Sciences (CASTL) is a first-of-its-kind partnership between academia, industry, and government to address the future skills needs of the Canadian life sciences sector. Specializing in biopharmaceutical manufacturing, CASTL delivers on the economic and sectoral demand for individuals who are work-ready to enter, thrive and meet the needs of the fast-growing Canadian biomanufacturing industry. CASTL is the exclusive provider of the National Institute for Bioprocessing Research and Training (NIBRT) licensed training programs in Canada. Based in Ireland, NIBRT develops and delivers state-of-the-art training and education programs for the world’s leading biopharmaceutical manufacturing companies and partner academic institutions. CASTL is supported by National Lead Partner adMare BioInnovations and its adMare Academy.

www.castlcanada.ca

About Société de développement Angus

Developer, manager and brainchild behind the Technopôle Angus, the SDA is a social-economy enterprise that develops real estate projects that drive urban revitalization. The organization adheres to the principles of sustainable development in an effort to create significant spin-offs for local communities. Technopôle Angus is both an urban revitalization project and a “full-scale” sustainable-development and social-innovation lab. Today, the sector is thriving thanks to all of the organizations, businesses, and commercial establishments in the area. The new eco-district across from Jean-Duceppe Park bustles with workers and thousands of residents from all walks of life, including students and families.

www.sda-angus.com

About adMare BioInnovations

With a wealth of globally competitive scientific discovery, Canada is primed to lead the life sciences world. To make this a reality, at adMare BioInnovations, we use our scientific and commercial expertise, specialized R&D infrastructure, and seed capital to build strong life sciences companies, robust ecosystems, and industry-ready talent — and re-invest our returns back into the Canadian industry to ensure it is sustained for the long-term. As part of our commitment to build talent, we have created the adMare Academy, dedicated to providing the specialized training required to foster the next generation of highly qualified personnel who will drive the growth of Canadian life science companies.

www.admarebio.com

Contacts

Media
Chelsey Rogerson

Director of Communications and Marketing

CASTL

C: 902.213.7351

E: chelsey@castlcanada.ca

Fifth Wall Expands Into APAC With The Addition Of Real Estate Industry Veteran & Opening Of Singapore Office

January 13, 2023 By Business Wire

NEW YORK–(BUSINESS WIRE)–Fifth Wall—the 1largest venture capital firm focused on technology for the global real estate industry—including those which decarbonize the sector, today announced its expansion into Asia-Pacific (APAC) with the notable appointment of industry veteran Yvonne Voon as a Partner covering APAC and opening of the firm’s Singapore office, its first in the region.


Fifth Wall is the largest built world technology investor with a focus on PropTech and Climate Tech in North America and Europe boasting more than 110 strategic limited partners (LPs) from more than 15 different countries with approximately $3.2B under management. Fifth Wall has previously attracted some of the leading APAC investors including CDL, Keppel Land, MITSUBISHI ESTATE CO., LTD, and NZ Super Fund, among others.

“As the largest and most active built world technology investor across North America and Europe, Fifth Wall has long had ambitions of expanding into Asia,” said Brendan Wallace, Co-Founder & Managing Partner at Fifth Wall. “We are thrilled to welcome a senior leader like Yvonne to our team to further propel our commitment to PropTech and Climate Tech globally, replicating our leading position with an expansion to Asia.”

Voon joins the firm after serving as Head of Group Capital Raising for APAC logistics property specialist, LOGOS Property. Prior to LOGOS, Voon had a nearly fourteen year tenure at Credit Suisse, most recently serving as the global investment bank’s Head of Southeast Asia Real Estate, Investment Banking and Capital Markets. Voon holds a Bachelor of Commerce from The University of Melbourne. Voon’s based in Singapore.

“Over the course of my tenure fostering and expanding investor relations, Fifth Wall and their expansive LP network across both the US and Europe has long been on my radar,” stated Voon. “I am excited to leverage my long-standing investor relationships and deep market expertise at the critical intersection of technology and real estate to help accelerate the growth of PropTech and Climate Tech across the APAC region.”

Since Fifth Wall was founded in 2016, PropTech investment in North America grew at a compound annual growth rate of 43% while APAC (ex-China) has grown at a rate of 58%. Today, investment in PropTech is growing faster in APAC than the global growth rate of 26%. The PropTech ecosystem in the region is flourishing, garnering increasing interest from North American VCs, with over 1,000 North American VCs active in Asia.

About Fifth Wall

Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry. With approximately $3.2B in commitments and capital under management, Fifth Wall connects many of the world’s largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World. Fifth Wall is backed by a global mix of more than 110 strategic limited partners (LPs) from more than 15 countries, including BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, Hilton, Host Hotels & Resorts, Ivanhoé Cambridge, Kimco Realty Corporation, Lennar, Lowe’s Home Improvement, Marriott International, MetLife Investment Management, MGM Resorts, Related Companies, Starwood Capital, Toll Brothers, and others. Fifth Wall believes this consortium represents one of the largest groups of potential partners in the global Built World ecosystem, which can result in transformational investments and collaborations with promising portfolio companies. For more information about Fifth Wall, its LPs, and portfolio, visit www.fifthwall.com.

1Based on assets under management as of January 12th, 2023

Contacts

Elise Szwajkowski

Head Of Communications, Fifth Wall

eszwajkowski@fifthwall.com
773-326-8546

Zenbase Partners With Mainstreet Equity to Offer Their Residents Flexible Rent Payments

January 12, 2023 By Business Wire

CALGARY, Alberta–(BUSINESS WIRE)–#ESG–Zenbase has partnered with Mainstreet Equity (TSX: MEQ) to offer flexible rent payment options to all residents across its over 16,500 units across British Columbia, Alberta, Manitoba, and Saskatchewan. Zenbase is a leading provider of flexible rent payments, and their personal budgeting tool allows residents to split their monthly rent into two payments. This allows Mainstreet to offer even more value to their residents while reducing residents’ financial stress.

Trina Cui, CFO of Mainstreet Equity said: “Zenbase has delivered an easy-to-use and convenient payment option that has proven to be valuable for our residents, helping to relieve financial pressures by splitting rent payments throughout the month. Our residents are important to us, so Mainstreet will continue to explore innovative means to support the communities we serve and improve the housing affordability experience for our residents.”

Koray Can Oztekin, CEO and Founder of Zenbase, said: “We collaborate with like-minded companies who want to improve the financial health of their residents by offering our powerful budgeting tool. Mainstreet has embraced our solution to empower their residents to make budgeting easier with increased cash flow for other expenses between paychecks while never having to worry about paying their full rent on the 1st of the month.”

About Zenbase

Zenbase, a leader in flexible rent payments, is committed to economic inclusion that fosters financial empowerment for renters. Our solutions improve the financial wellness of renters while improving operational efficiency for property managers. Rent is usually due on the 1st of the month but that doesn’t align with most people’s bi-monthly pay cycle. We’ve fixed that misalignment and provide other financial tools to help level the playing field. Learn more: https://myzenbase.com/

About Mainstreet

Mainstreet is publicly traded on the Toronto Stock Exchange (TSX: MEQ). As at Q4 2022, assets were valued at CDN $2.9B. Since going public, Mainstreet has continued to grow its assets organically; its double-digit compounded annual growth continues today. Current holdings consist of over 16,500 apartments across western Canada (BC, AB, SK, MB). Along with this healthy balance sheet success, Mainstreet is a proud champion of affordable housing. Learn more: https://www.mainst.biz

Contacts

Zenbase Press Contact:
Philipp Postrehovsky

philipp@myzenbase.com
604-657-2775

Mainstreet Equity Corp. Press Contact
Mainstreet Equity Communications

communications@mainst.biz
403-215-6071

Slate Asset Management Furthers Commitment To Transit-oriented Mixed-use Communities in the Greater Toronto Area With Two Development Applications in Mississauga

January 12, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, announced today that it is furthering its commitment to transit-oriented mixed-use communities in the Greater Toronto Area with the submission of two development applications to the City of Mississauga (the “City”) for the properties located at 2077, 2087, 2097, and 2105 Royal Windsor Drive (the “Clarkson GO Site”) and 1250 South Service Road (the “Dixie Site”). Slate’s proposals envisage two complete, highly-accessible mixed-use communities inclusive of a range of housing forms, improved public and pedestrian spaces, and new public and private amenities.

“After years of thoughtful study and public engagement, we are very pleased to be putting forward these proposals to create two vibrant, transit-oriented mixed-use communities within Mississauga,” said Brandon Donnelly, Managing Director, Development at Slate. “We identified these sites years ago as high-impact urban infill projects where we could apply our placemaking experience to bring to life more sustainable, people-centered developments. Our objective is to unlock the inherent potential of these two sites in a way that will benefit the City and surrounding areas for years to come, adding much needed homes, exciting retail and commercial uses, enhanced walkability, and new amenities and green spaces throughout.”

Donnelly added: “There is an overwhelming need for a diversity of housing options to meet the ever-expanding housing demands that North American cities are facing. Our goal is to work collaboratively with the City and local stakeholders to bring a comprehensive vision to life that includes new mixed-income housing.”

Dixie Site
The Dixie Site is located along the northwest boundaries of Dixie Outlet Mall and benefits greatly from the accessibility of nearby road systems and public transit routes. Slate has submitted an Official Plan Amendment and Zoning By-law Amendment to the City to redevelop 7.1-acres of the larger 35.5-acre site, currently home to the Dixie Outlet Mall, proposing the creation of a 21st century mixed-use urban garden community. Slate’s development plan is based on years of community engagement and consultant studies and will add much needed housing alongside the existing retail space, including a range of suite types and sizes designed to cater to a diverse set of incomes, ages, and life stages.

The Dixie Site plan includes three elegantly designed mixed-use buildings that will provide over 1,200 new residential homes, retail and recreational opportunities, as well as 3.5-acres of park space and publicly accessible lands. Slate also plans to add new pedestrian connections and multi-modal trails within the site and add to existing trails and parks in the area, encouraging walkability and accessibility to the existing transit terminal located south of Queen Elizabeth Way and west of Dixie Road.

The Clarkson GO Site
The Clarkson GO Site is approximately 3.7-acres and is currently occupied by four, one-storey commercial buildings. Slate has submitted an application for an Official Plan Amendment and Zoning By-law Amendment that aims to achieve a mixed-use, transit supportive redevelopment, creating a strategic use of land in an evolving area of Mississauga. Slate began working on plans for the Clarkson GO Site in 2016 and has completed various studies and reports on behalf of the City to further Slate’s application and the City’s master plan for the area.

The preliminary development concept proposes a mixed-use development of four residential buildings comprising over 1,200 new residential homes and introduces new retail and live-work uses situated at grade. Slate plans to create a pedestrian-focused central spine within the site that will greatly improve walkability and enhance safe and continuous access to the adjacent Clarkson GO station to encourage the use of public transit. This connection aims to transform the current transit node into a more sustainable pedestrian urban community. Additionally, the introduction of retail patios in this corridor and surrounding the site will animate the pedestrian spine and public spaces.

Development applications were submitted for both sites in December 2022. Slate and the City hosted numerous stakeholder meetings over the past several years that reached tens of thousands of local community members and helped inform aspects of these development applications. Slate will look forward to continued engagement with the City and the surrounding community to transform these sites into thousands of new homes and vibrant mixed-use communities.

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.

Contacts

Slate Asset Management

Karolina Kmiecik

Head of Communications

Karolina@slateam.com

HighGround Expands Its Southwest Presence With Rocky Mountain Restoration Acquisition

January 11, 2023 By Business Wire

IRVING, Texas–(BUSINESS WIRE)–HighGround Restoration Group, Inc., a portfolio company of Trivest Partners LP (“Trivest”), announces the acquisition of Rocky Mountain Restoration (“Rocky Mountain Restoration” or the “Company”) (https://www.rmraz.com/). Rocky Mountain Restoration is a leading property damage restoration company, headquartered in Mesa, AZ, that services the greater Phoenix, Arizona metro area. The Company provides 24/7 emergency restoration services to residential and commercial consumers including water damage restoration, mold remediation, fire damage restoration and trauma and biohazard cleanup.

Founded in 2009 by CEO Adam Webster, Rocky Mountain Restoration has built a 13-year track record of growth that is driven by a commitment to preventing the common pitfalls that customers may encounter during the restoration process. The Company’s growth is also attributed to the training and development of their team to embody their core values of being humble, caring about others, getting it done, and always learning and growing while being positive and fun.

HighGround’s Chief Executive Officer, Ben Balsley stated, “Adam and his leadership team have built a great company. With its track record of growth, commitment to customers, strong culture, and proven execution, Rocky Mountain is a perfect fit for our growing family of brands. I’m looking forward partnering with this team to continue the Company’s momentum as we unlock new opportunities through the HighGround platform.”

Through the partnership with HighGround, Rocky Mountain Restoration will preserve its brand while gaining dedicated capital and support capabilities including integrated technology, reporting and analytics, lead generation, and centralized recruiting. Coupled with the population growth in Phoenix, the HighGround partnership creates multiple growth opportunities to expand Rocky Mountain Restoration’s footprint and service capabilities in the metro area.

Adam Webster, CEO of Rocky Mountain Restoration added, “The partnership with HighGround is going to help us continue to provide exceptional service, continued company growth, and a best-in-class workplace culture. I am super excited about what this partnership will mean for the families that are behind all of our team members.”

“We are very excited to be partnering with Adam and the Rocky Mountain team. Each HighGround investment has fit squarely within Trivest’s core strategy of investing in growing, founder-owned businesses, and Rocky Mountain Restoration is no exception. Over the past three years alone, HighGround has acquired nine leading brands in the water damage mitigation and restoration space. With the addition of RMR, we believe HighGround is well on its way to building one of the most successful companies in the sector,” said Forest Wester, Partner with Trivest.

With this new addition to the HighGround family of brands, the portfolio now includes the following restoration companies: Dry Force, Cleanup & Total Restoration (CTR), Power Dry, More Floods, Dririte, Northeast Power Dry, Same Day Restoration, PureDry Restoration, and Rocky Mountain Restoration. These brands represent every region of the US, and HighGround is actively seeking to add brands and partner with founders that share its focus on people, service, and growth. If you are interested in learning more or joining the HighGround family of brands, reach out at information@highgroundnow.com or visit www.highgroundnow.com.

About HighGround:

No one’s ever prepared for the chaos that comes with water, mold, fire, or smoke damage. And some contractors only make it worse. The property owner needs help from someone who knows what they’re doing – and who genuinely cares. And that’s why our family of brands come to work every day.

HighGround brands help customers who have suffered water or fire damage by providing 24/7/365 drying and clean up services coupled with reconstruction contracting, all while engaging with the customer’s insurance company to ensure seamless claims processing. Our brands have developed a robust referral program with residential and commercial partners by offering services such as hosted education and training, reporting and analytics, and competitive incentive compensation. This comprehensive approach allows HighGround to stay top of mind with these key referral relationships.

About Trivest:

Trivest Partners, with offices in Miami, Charlotte, Chicago, Los Angeles, Philadelphia, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada, in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 400 investments, totaling approximately $7 billion in value. The firm has roughly $4.5 billion in assets under management, with a growing team of over 65 professionals. Trivest has been recognized by Inc. Magazine as a founder-friendly private equity firm in four consecutive years. Learn more at www.trivest.com

Contacts

Brian McNeal
Email: brian.mcneal@highgroundnow.com

CORRECTING and REPLACING Choice Properties Real Estate Investment Trust Schedules Fourth Quarter 2022 Results Release

January 11, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–#valueforgenerations–In the 2nd paragraph, first sentence of release dated January 3, 2023, should read: “…Thursday, February 16, 2023 at 9:00 AM…” (Instead of …10:00 AM…)

The updated release reads:

CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST SCHEDULES FOURTH QUARTER 2022 RESULTS RELEASE

Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting fourth quarter 2022 results on Wednesday, February 15, 2023, after-market hours.

Management will host a conference call the next day on Thursday, February 16, 2023 at 9:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial (240) 789-2714 or (888) 330-2454 and enter the event passcode: 4788974. The link to the audio webcast will be available on www.choicereit.ca/events-webcasts.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

Contacts

Angelica Muere

Director, Marketing and Communications

T 416 628-7794

E Angelica.Muere@choicereit.ca

FCT Appoints Robert Antenore as Vice President, Commercial Solutions

January 11, 2023 By Business Wire

OAKVILLE, Ontario–(BUSINESS WIRE)–FCT, the leading national service provider in real estate technology and title insurance, today announced that Robert Antenore has been appointed as vice president of its Commercial Solutions Division, where he will be responsible for overseeing all aspects of FCT’s commercial business.

“With a strong commitment to leadership, team development and giving back to the community, Robert is a natural fit for the FCT team,” said Daniela DeTommaso, president of FCT. “We look forward to the extensive industry expertise he will bring to FCT, as we continue to focus on growth, innovation and providing high-quality services in 2023 and beyond.”

Antenore is an accomplished executive with over 25 years of experience in the commercial real estate industry, focused primarily on secured lending transactions. He is an author, speaker and is recognized as a leading Canadian practitioner on commercial defeasance transactions, helping pioneer and advance this area of law over the past 15 years.

“I am incredibly excited to join the team at FCT,” said Antenore. “I look forward to everything the commercial business can accomplish in 2023, and to working alongside some of the best in the business to continue to drive the real estate industry forward.”

Antenore holds a Bachelor of Laws (LLB) from Osgoode Hall Law School and has held various leadership positions at leading law firms and lending institutions. He is also a fellow of the American College of Mortgage Attorneys and an advisory board member and contributing author to Practical Law Canada.

About FCT

Based in Oakville, Ontario, FCT has over 1,000 employees across the country. FCT provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.

The Great Place to Work® Institute has named FCT one of Canada’s Best Workplaces for nine consecutive years (2015-2023) and certified FCT as a Great Place to Work. In 2022, FCT’s parent company, First American Financial Corporation, was named one of the 100 Best Companies to Work For and one of the Best Workplaces for Women™ by Great Place to Work® and Fortune magazine, each for the seventh consecutive year respectively.

For more information on FCT, please visit the company website at www.fct.ca.

Contacts

Jacquie Alford

Senior Communications Manager, Marketing

905.483.4568

jaalford@fct.ca

Home Capital Mails Management Information Circular for Special Meeting of Shareholders

January 11, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Home Capital Group Inc. (“Home Capital”) (TSX: HCG) today announced that it has mailed the management information circular (the “Circular”) and related materials for the special meeting (the “Meeting”) of Home Capital shareholders to approve the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which a wholly-owned subsidiary (the “Purchaser”) of Smith Financial Corporation (“SFC”), a company controlled by Stephen Smith, has agreed to acquire the issued and outstanding common shares of Home Capital that SFC does not already own for $44.00 in cash per share, subject to increase in certain circumstances (the “Consideration”), all as more particularly described in the Circular.

The Meeting is scheduled to be held in a virtual only format conducted via a live webcast platform at https://meetnow.global/MYF7PDZ at 10:00 a.m. (Toronto time) on February 8, 2023. Home Capital shareholders of record as of the close of business on January 6, 2023 are entitled to receive notice of and vote at the Meeting.

The board of directors of Home Capital (the “Board”), after careful consideration, and after receiving fairness opinions from each of BMO Capital Markets, TD Securities and Deloitte LLP and advice from its financial advisors and outside legal counsel and giving consideration to all relevant factors, has unanimously determined that the Arrangement is in the best interests of Home Capital and that the Consideration to be received by Home Capital shareholders (other than the Purchaser and its affiliates) is fair to such holders. Accordingly, the Board unanimously recommends that Home Capital shareholders vote in favour of the Arrangement at the Meeting.

On January 6, 2023, the Ontario Superior Court of Justice (Commercial List) (the “Court”) granted an interim order providing for the calling and holding of the Meeting and certain other matters related to the Meeting and the Arrangement. A copy of the interim order is included in the Circular.

The anticipated hearing date for the application for the final order of the Court (the “Final Order”) is February 9, 2023. Subject to obtaining the required approval of Home Capital shareholders at the Meeting, the Final Order and the satisfaction or waiver of the conditions to implementing the Arrangement as set out in the arrangement agreement entered into among Home Capital, SFC and the Purchaser on November 20, 2022, the Arrangement is anticipated to be completed mid-2023.

The Circular provides important information on the Arrangement and related matters, including voting procedures, how to attend the virtual Meeting and instructions for Home Capital shareholders unable to attend the virtual Meeting. Home Capital shareholders are urged to read the Circular and its appendices carefully and in their entirety. The Circular is available on SEDAR at www.sedar.com.

Home Capital shareholders who require assistance with the procedure for voting may contact Computershare Investor Services Inc. toll free at 1‑800‑564‑6253 (North America) or 1-514-982-7555 (outside North America), or by email at corporateactions@computershare.com.

Caution Regarding Forward Looking Statements

This press release contains forward-looking information within the meaning of applicable Canadian securities legislation, including relating to: whether, and when, the Arrangement will be consummated and the anticipated receipt of required regulatory approvals, including the timing thereof, and court and shareholder approval. Such forward-looking information necessarily involves known and unknown risks and uncertainties and assumptions. These risks, uncertainties and assumptions include, but are not limited to: the risk that the Arrangement will not be approved by Home Capital shareholders; failure to, in a timely manner, or at all, obtain the necessary court and required regulatory approvals for the Arrangement and other customary risks associated with transactions of this nature. Therefore, forward-looking information should be considered carefully and undue reliance should not be placed on such information. Please note that forward-looking information in this news release reflects management’s expectations as of the date hereof, and therefore is subject to change. Home Capital disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Please refer to Home Capital’s 2022 Third Quarter Report, available on Home Capital’s website at www.homecapital.com, and on SEDAR at www.sedar.com, for Home Capital’s Caution Regarding Forward-looking Statements.

About Home Capital

Home Capital is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust Company is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust Company and its wholly owned subsidiary, Home Bank, offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

Home Capital Group Inc.

Jill MacRae

VP, Investor Relations and ESG

416-933-4991

Investor.relations@hometrust.ca

Dream Office REIT Announces Sale of 720 Bay Street

January 10, 2023 By Business Wire

This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REAL ESTATE INVESTMENT TRUST (D.UN-TSX) or (“Dream Office REIT”, the “Trust” or “we”) today announced the sale of 720 Bay Street, a 248,000 square feet property located in Toronto, Ontario for gross proceeds of $135 million, which is higher than the Trust’s carrying value as at September 30, 2022.

The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.

The unmortgaged property is currently pledged as security for the Trust’s $375 million revolving credit facility. The Trust intends to use the net proceeds from the sale to repay debt and to opportunistically repurchase REIT A Units under the Trust’s normal course issuer bid program.

About Dream Office REIT

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.

Forward Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation, including statements relating to the timing and successful closing of our dispositions, expected use of proceeds from our dispositions, anticipated repayments of debt and future unit repurchases. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dream Office REIT’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general and local economic and business conditions; the financial condition of tenants; our ability to sell investment properties at a price which reflects fair value; leasing risks, including those associated with the ability to lease vacant space; and interest rate fluctuations. Our objectives and forward-looking statements are based on certain assumptions, including that the condition of the general economy does not materially change beyond current market expectations, interest rates will not materially increase beyond current market expectations, conditions within the real estate market remain consistent, competition for acquisitions remains consistent with the current climate and that the capital markets continue to provide access to equity and/or debt. All forward-looking information in this press release speaks as of the date of this press release. Dream Office REIT does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is contained in Dream Office REIT’s filings with securities regulators, including its latest annual information form and MD&A. These filings are also available at Dream Office REIT’s website at www.dreamofficereit.ca.

Contacts

For further information, please contact:

DREAM OFFICE REAL ESTATE INVESTMENT TRUST

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

Real Matters to Hold Virtual Annual General Meeting on February 1, 2023

January 10, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will be holding its Annual General Meeting (the “Meeting”) on Wednesday, February 1, 2023 at 10:00 a.m. (Eastern Standard Time). The Meeting will be conducted online only, via audio webcast at: http://www.virtualshareholdermeeting.com/realmatters2023.

Registered and non-registered shareholders entitled to vote at the Meeting may vote by proxy in advance of the Meeting. However, only registered shareholders and duly appointed proxyholders (including non-registered shareholders who have duly appointed themselves as proxyholder) will be entitled to vote at the Meeting during the live audio webcast. Non-registered shareholders who have not duly appointed themselves as proxyholders will be able to attend the Meeting and ask questions, but will not be able to vote. Guests will be able to attend the Meeting but will not be able to submit questions, vote their shares (if any) or otherwise participate in the Meeting. Please note that registered shareholders will need the 16-digit control number indicated on the form of proxy accompanying their Notice of Meeting to log on to the Meeting as a “Shareholder”. Duly appointed proxyholders will need the Appointee Name and 8-character Appointee Identification Number to log on to the Meeting as a “Proxyholder / Appointee”. Otherwise, shareholders or duly appointed proxyholders, as applicable, will have to log on as “Guests”. Please refer to the Company’s Management Information Circular in the Investor Relations section of our website for additional details on how to log on to the Meeting.

The Meeting webcast will be archived and a transcript of the meeting will be available in the Investor Relations section of our website following the meeting.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

Real Matters to Announce First Quarter 2023 Financial Results on January 27, 2023

January 10, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will announce its first quarter 2023 financial results via news release on Friday, January 27, 2023, before market open.

Conference Call and Webcast

A conference call to review the results will take place at 10:00 a.m. (ET) on Friday, January 27, 2023, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer Bill Herman. An accompanying slide presentation will be posted to the Investor Relations section of our website shortly before the call.

To access the call:

  • Participant Local (Toronto): (416) 764-8646
  • Participant Toll Free Dial-In Number: (888) 396-8049
  • Conference ID: 45773112

To listen to the live webcast of the call:

  • Go to: https://events.q4inc.com/attendee/289077323

The webcast will be archived and a transcript of the call will be available in the Investor Relations section of our website following the call.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

For more information:
Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

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