TORONTO, Aug. 11, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced solid operating and financial performance for the three and six months ended June 30, 2020. Highlights: Revenues increased by 35.9% in second quarter and 36.8% year-to-date on portfolio growth, high stable occupancies and rent increases. Occupancy strong at… [Read More]
Minto Apartment REIT Reports Second Quarter 2020 Financial Results and Announces Distribution Increase
â Board of Trustees approves 3.4% increase to monthly distribution, reflecting strong AFFO1 growth and conservative AFFO1 payout ratio â OTTAWA, ON, Aug. 11, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the second quarter (“Q2 2020”) and six months ended June 30, 2020. The… [Read More]
Empire reaches important five-year labour agreement in Alberta
New agreement enables further capital investment in Safeway network and FreshCo expansion into the province of Alberta New collective bargaining agreement positions Empire on a level playing field to compete in the Alberta market One-time retroactive lump sum payment to teammates of approximately $15.6 million pre-tax ($0.04 per share) Framework in place to convert some… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 11, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (“Trez” or “the Company”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to commence a normal course issuer bid (“NCIB”), which will… [Read More]
Mainstreet Equity Corp. Releases Q3 2020 Results
CALGARY, AB, Aug. 11, 2020 /CNW/ – The global pandemic continued to spread economic uncertainty in the third quarter of 2020. For Mainstreet, that meant shifting our priorities from financial performance toward furthering our social responsibility, in order to ensure the health and safety of our team and of our tenants. We viewed this strategy… [Read More]
Firm Capital American Realty Partners Trust Announces Voting Results at Annual and Special Meeting
TORONTO, Aug. 10, 2020 /CNW/ – Firm Capital American Realty Partners Trust (the “Trust“), (TSXV : FCA.U) (TSXV: FCA.UN) is pleased to report that at the annual and special meeting (the “Meeting“) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes “For”… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces 2020 Quarter Two Results
TORONTO, Aug. 10, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) today released its financial results for the quarter ended June 30, 2020. The financial statements and MD&A can be found at www.sedar.com or www.trezcapitalseniormic.com. Financial Highlights & Business Update On June 16, 2016 the shareholders of the Company approved the… [Read More]
BTB Announces its Distribution for the Month of August 2020
MONTRÃAL, Aug. 10, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announced today that the monthly cash distribution for the month of August 2020 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The cash distribution will be paid September 15th, 2020 to unitholders of record… [Read More]
RESAAS Launches Mentorship Program with Grant Cardone
VANCOUVER, BC, Aug. 10, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce the launch of an 8-week Mentoring program, in partnership with Grant Cardone. The Mentoring program will continue to service the demand for digital learning and education started by RESAAS U,… [Read More]
Bridgemarq Real Estate Services Announces Voting Results from Annual Meeting of Shareholders
TORONTO, Aug. 7, 2020 /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 August 7, 2020. Bridgemarq is pleased to announce that the holders of restricted voting shares have re-elected Mr. Colum Bastable, Ms…. [Read More]
Consolidated HCI Announces Board and Management Changes
VAUGHAN, ON, Aug. 7, 2020 /CNW – Consolidated HCI Holdings Corporation (the “Company” or “Consolidated HCI“) (NEX: CXA.H) announces the following changes to its board of directors and management team. Stanley Goldfarb, Marc Muzzo, John H. Craig, John H. Daniels, Richard Gambin and Rudolph Bratty have all resigned as directors from the Company. Stanley Goldfarb (President… [Read More]
American Hotel Income Properties REIT LP Reports Second Quarter 2020 Results
Significant impact of COVID-19 experienced during the second quarter, as total revenues were $27.3 million and NOI was $4.3 million All 79 hotels are open with occupancy continuing to increase during the quarter Average occupancy during Q2 2020 was 34.7%; average occupancy in July was 55.3%, which produced positive cash flow for the month RevPAR… [Read More]
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