SUMMARY HIGHLIGHTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 HEALTH AND SAFETY THROUGH THE COVID-19 PANDEMIC REMAINS A PRIORITY AS WE CONTINUE TO PROVIDE OUR ESSENTIAL SERVICE OF SAFE AND AFFORDABLE HOUSING SOLID FFO PERFORMANCE Funds From Operations (FFO) of $0.65 per Trust Unit; an increase of 4.8%. RESILIENT OPERATIONAL RESULTS THROUGH THE WINTER MONTHS… [Read More]
BSR Real Estate Investment Trust Announces Results of Voting at Annual Meeting of Unitholders
LITTLE ROCK, Ark. and TORONTO, May 12, 2021 /CNW/ – BSR Real Estate Investment Trust (the “REIT“) (TSX: HOM.U) (TSX: HOM.UN) announced today the results of voting at its virtual annual meeting of unitholders held on May 12, 2021 (the “Meeting“). All of the nominees listed in the management information circular prepared in connection with the… [Read More]
Summit Industrial Income REIT Announces Results of Voting at Annual Unitholders’ Meeting and Board of Trustee Changes
TORONTO, May 12, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today announced the results of the votes held at its May 12, 2021 annual unitholders’ meeting (the “Meeting”). Each of the seven nominee Trustees listed in the REIT’s Management Information Circular dated March 15, 2021 was elected as a Trustee… [Read More]
Automotive Properties REIT Reports Financial Results for First Quarter of 2021
TORONTO, May 12, 2021 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) today announced its financial results for the three-month period ended March 31, 2021 (“Q1 2021”). “The automotive dealership industry in Canada has faced unprecedented challenges since the onset of the pandemic. Dealership operators, including our tenant… [Read More]
Tricon Reports Strong Operational Results in Q1 2021; Launches New Growth Vehicles and Raises $1 Billion of Equity from Third-Party Investors
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, May 12, 2021 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, announced today its consolidated financial results for the… [Read More]
American Hotel Income Properties REIT LP Reports First Quarter 2021 Results
Q1 2021 Occupancy of 60.2%, RevPAR of $57.01, Revenues of $46.7 million Sequential monthly gains in top-line performance culminated in April ADR & Occupancy of $103.15 and 68.6%, respectively Q1 2021 diluted FFO per unit of $(0.03); FFO at breakeven prior to non-recurring items Operating efficiency gains contributed to Q1 Hotel EBITDA margin of 29.1%… [Read More]
Flagship Communities REIT To Acquire a Manufactured Housing Community for US$5.3 Million
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 12, 2021 /CNW/ – Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) announced today that it has completed the acquisition of a manufactured housing community in Little Rock, AR (the “Acquisition”) for a purchase price of… [Read More]
Invesque Inc. Reports First Quarter 2021 Results and Announces Portfolio Management and Corporate Initiatives to Strengthen and Streamline the Portfolio
TORONTO, May 12, 2021 /CNW/ – Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the “Company” or “Invesque”) today announced its results for the three-months ended March 31, 2021, as well as the completion of the first phase of the previously announced non-binding memorandum of understanding (“MOU”) to strengthen the Company’s relationship with Symphony Care Network (“SymCare”). The… [Read More]
CT Real Estate Investment Trust Announces Election of Trustees
TORONTO, May 12, 2021 /CNW/ – CT Real Estate Investment Trust (the “Trust”) (TSX: CRT.UN) announced today that each of the eight trustee nominees listed in the Trust’s Management Information Circular dated March 12, 2021 were elected as trustees of the Trust at its Annual Meeting of Unitholders (the “Meeting”) held on May 11, 2021…. [Read More]
MCAN Mortgage Corporation Announces Final Voting Results
TORONTO, May 12, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2021 Annual and Special Meeting of Shareholders held on May 11, 2021. By a vote by ballot, the director nominees listed in the table below were all elected as directors of the Company to… [Read More]
Bridgemarq Real Estate Services Announces Voting Results from Annual Meeting of Shareholders
TORONTO, May 11, 2021 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) announced the voting results for the directors elected at the Company’s annual meeting of shareholders held virtually on May 11, 2021. Bridgemarq is pleased to announce that the holders of restricted voting shares have re-elected Mr. Colum Bastable,… [Read More]
Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces First Quarter Results with Strong Collections and Occupancy Following Successful Initial Public Offering
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 11, 2021 /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 March 31, 2021 (“Q1-2021”), which includes one day… [Read More]
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