TORONTO, Dec. 7, 2022 /CNW/ – Standard Mercantile Acquisition Corp. (TSX: SMA) (the “Company“) today announces that the Company has negotiated a favorable renewal of a mortgage (the “Alberta Mortgage“) with a principal amount of approximately $16.9 million (of which the Company’s portion is approximately $8.4 million), which is approximately 77.5% of the Company’s mortgage portfolio consisting of… [Read More]
ISS and Glass Lewis Recommend Summit Industrial Income REIT Unitholders Vote FOR the Proposed Transaction with GIC and Dream Industrial Real Estate Investment Trust and Summit Industrial Income REIT Announces Receipt of Competition Act Approval
TORONTO, Dec. 7, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis and Co., LLC (“Glass Lewis”) have each recommended that unitholders of the REIT (the “Unitholders”) vote FOR the previously announced plan of… [Read More]
Chartwell Completes Sale of Two Long Term Care Homes in British Columbia
MISSISSAUGA, ON, Dec. 7, 2022 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today that it has completed the previously announced ownership transition of Malaspina Care Residence and Carlton Care Residence, with a total of 264 long-term care beds (the “BC Properties”), to AgeCare Health Services Inc. (“AgeCare”) and a fund managed by Axium… [Read More]
Genesis Land Development Corp. Announces Sale of 40% of Lewiston Development in Calgary
CALGARY, AB, Dec. 6, 2022 /CNW/ – Genesis Land Development Corp. (“Genesis”) is pleased to announce that it has entered into binding agreements to sell a 20% ownership stake to each of two separate Calgary based third party home builders in the Genesis Lewiston development project. Lewiston is 130 acres of residential development land located… [Read More]
NexLiving announces update to previously announced 150-unit Mountain Road acquisition
HALIFAX, NS, Dec. 5, 2022 /CNW/ – (TSXV: NXLV) â NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today that it has entered into an agreement to acquire a 100% interest in Northpoint Management Inc. from Sheaco Holdings Inc. for $39.6 million. Northpoint’s key assets are two newly built multi-family buildings comprising 75 units each located… [Read More]
MEDIA ADVISORY – Empire Company Limited Advisory of Q2 Fiscal 2023 Results Conference Call
STELLARTON, NS, Dec. 1, 2022 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its second quarter fiscal 2023 results on December 15, 2022 at 6:30 a.m. (Eastern Standard Time). The release will be followed by a conference call beginning at 12:00 p.m. (Eastern Standard Time) with senior management. The dial-in numbers for the conference call are:(416) 764-8688(888) 390-0546 To secure a line, please call 10 minutes prior to the conference call. You will be placed on hold… [Read More]
Morguard Real Estate Investment Trust Declares December 2022 Distribution of 2 Cents per Unit
MISSISSAUGA, ON, Nov. 30, 2022 /CNW/ – Morguard Real Estate Investment Trust (the “Trust”) (TSX: MRT.UN) today announced that it has declared a distribution of 2 cents per unit for the month of December 2022. The distribution will be payable on December 30, 2022 to unitholders of record as at December 15, 2022. About Morguard… [Read More]
RESAAS Expands Relationship with RE/MAX® Across United States
VANCOUVER, BC, Nov. 30, 2022 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), is pleased to announce that it has expanded its existing relationship with RE/MAX, LLC (NYSE: RMAX) to officially include all RE/MAX agents based in the United States. The agreement further connects the RE/MAX network, tapping into its deep… [Read More]
Tribe Reports Third Quarter 2022 Financial Results
VANCOUVER, BC, Nov. 29, 2022 /CNW/ – Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB: TRPTF) (“Tribe” or the “Company”) a leading provider of technology-enabled property management solutions, today announced its financial results for the third quarter and for the nine months ended September 30, 2022. “Tribe again achieved strong revenue in the third quarter on… [Read More]
House prices in Canada’s popular ski regions expected to dip 3% over the next year, despite year-over-year price gains
Single-family detached home price increased 15.1% in the first 10 months of 2022 B.C. ski region of Big White posts highest median price gain in single-family detached segment (45.5%) among regions surveyed Quebec’s Mont-Tremblant region reports highest median price increase in condominium segment (44.4%) among regions surveyed Southern Georgian Bay’s condominium prices record modest increase… [Read More]
STARLIGHT U.S. RESIDENTIAL FUND ACHIEVES ANNUALIZED RENT GROWTH OF 17.4% DURING Q3-2022, DISTRIBUTIONS PAUSED DUE TO ELEVATED INTEREST RATES
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 25, 2022 /CNW/ – Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the “Fund”) announced today its results of operations and financial condition for the three months ended September 30, 2022 (“Q3-2022”) and nine months ended September 30, 2022… [Read More]
STARLIGHT U.S. MULTI-FAMILY (NO. 2) CORE PLUS FUND ANNOUNCES STRONG Q3 2022 OPERATING RESULTS INCLUDING SAME PROPERTY NOI GROWTH OF 12.7%, DISTRIBUTIONS PAUSED DUE TO ELEVATED INTEREST RATES
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 25, 2022 /CNW/ – Starlight U.S. Multi-Family (No. 2) Core Plus Fund (TSXV: SCPT.A) (TSXV: SCPT.U) (the “Fund”) announced today its results of operations and financial condition for the three months ended September 30, 2022 (“Q3-2022”) and nine months… [Read More]
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