VANCOUVER, BC, Sept. 8, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN, HOT.U and HOT.DB.U) is pleased to announce that Jonathan Korol has been appointed its Chief Executive Officer effective October 7, 2020. Mr. Korol is a proven leader who brings a deep understanding of the North American hotel industry gathered over… [Read More]
Artis Real Estate Investment Trust Announces Proposed Spin-off of its Retail Portfolio and Strategic Debt Reduction Initiative
WINNIPEG, MB, Sept. 8, 2020 Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis REIT”) today announced that its board of trustees has approved a comprehensive plan to unlock unitholder value including the spin-off of its Canadian retail properties into a newly formed retail real estate investment trust (“Retail Spin-Off”), together with a strategic debt reduction… [Read More]
Flagship Communities Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering of Trust Units
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Sept. 4, 2020 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT“) announced today that it has filed, and obtained a receipt for, a preliminary long-form prospectus for the proposed initial public offering (the “Offering“) of trust units of the… [Read More]
Artis Real Estate Investment Trust Provides Business Update Regarding Impact of COVID-19
WINNIPEG, MB, Sept. 4, 2020 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) today provided unitholders with an update on Artis’ business as it relates to the impact of the COVID-19 pandemic. Artis continues to monitor the COVID-19 pandemic and to take all appropriate measures to ensure the REIT is limiting… [Read More]
BSR Real Estate Investment Trust Announces Successful Closing of Bought Deal Public Offering of US$40 Million of Convertible Unsecured Subordinated Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ LITTLE ROCK, Ark. and TORONTO, Sept. 3, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) announced today that it has completed its previously announced public offering (the “Public Offering”) whereby the REIT sold… [Read More]
Imperial Equities Announces Departure of CFO, Appointment of Interim CFO
EDMONTON, AB, Sept. 2, 2020 /CNW/ – Imperial Equities Inc. today announced the departure of its CFO, Wendy Fair and the appointment of Azza Osman, CPA (US), CIA as Interim CFO. “Wendy Fair has been our CFO for more than a decade and has been a big part of the Company’s growth and stability during… [Read More]
ViveRE Communities Completes Acquisition of 7 Property, 128 Unit Portfolio in Moncton, NB
HALIFAX, NS, Sept. 1, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company”) announced today that it has completed the acquisition of a 100% interest in a seven property multi-unit residential portfolio (the “Portfolio”, the “Properties” or the “Acquisition”) comprised of 128 units in Moncton, New Brunswick. The Properties are located at 145-155… [Read More]
First Capital REIT Announces Completion of C$200 Million Offering of Series A Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Sept. 1, 2020 /CNW/ – First Capital Real Estate Investment Trust (“First Capital” or the “Trust”) (TSX: FCR.UN), a leading developer, owner and manager of mixed-use real estate located in Canada’s most densely populated cities, announced today that it has… [Read More]
American Hotel Income Properties REIT LP Completes the Sale of the Wingate Tampa Hotel
VANCOUVER, BC, Sept. 1, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP” or the “Company”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today that it has closed the previously announced sale of its 86-room Wingate Tampa property for gross proceeds of US$7.5 million. AHIP has provided US$2.65 million in financing for the buyer, secured by… [Read More]
Meta Growth Announces Closure of Divestiture of Toronto Store
TORONTO, Sept. 1, 2020 /CNW/ – Meta Growth Corp. (TSXV: META) (“Meta Growth”, “META” or the “Company”), a leading Canadian recreational cannabis retailer, today announced the closure of the previously announced sale of its 378 Yonge Street, Toronto cannabis retail store. As previously announced on August 27, 2020, Meta Growth made the decision to divest the 378 Yonge Street store… [Read More]
Summit Industrial Income REIT Reports Continuing Strong Rent Collection
TORONTO, Aug. 31, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today provided an update on its rent collections for the month of August 2020. The REIT continues to closely monitor developments related to the pandemic and is following all guidelines issued by the federal and provincial governments. As of… [Read More]
Lakeview Hotel Investment Corp Relies on Temporary Exemption From Filing Requirements
WINNIPEG, MB, Aug. 27, 2020 /CNW/ – Lakeview Hotel Investment Corp. (TSXV: LHIC) (the “Corporation” or “Lakeview“) announced that it is relying on the exemption provided in Manitoba Securities Commission Blanket Order 52-504 â Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2, to August 31, 2020 (“Blanket Order… [Read More]
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