HALIFAX, NS, Aug. 5, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today reported its results for the three and six months ended June 30, 2020. “We are pleased to report solid operating and financial results for the second quarter of 2020. Despite COVID-19 related challenges in the quarter, our team performed exceptionally well,… [Read More]
Crombie REIT Announces Second Quarter 2020 Results and COVID-19 Update
Second Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $9,393 Property revenue of $96,501 Debt to gross book value – fair value of 49.2% Available liquidity of $406,303 Unencumbered asset pool of $1,461,970 3.878% 16 year mortgage loan of $118,000 was secured and funded, maturing June… [Read More]
Morguard Corporation Announces 2020 Second Quarter Results, Regular Eligible Dividend and Provides Operational Update Related to COVID-19
MISSISSAUGA, ON, Aug. 5, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the three and six months ended June 30, 2020, including a brief operational and liquidity update as we continue to focus on managing through the COVID-19 pandemic. Reporting Highlights Total revenue from real estate properties… [Read More]
Firm Capital Property Trust Provides Update on Rent Collections, Trust Unit Redemption, NCIB Activity and Trustee Purchases
TORONTO, Aug. 5, 2020 /CNW/ – Firm Capital Property Trust (the “Trust“), (TSXV: FCA.UN) (TSXV: FCD.UN) is providing the following update regarding gross rent collections for the past four months, the redemption of Trust Units, activity under the outstanding Normal Course Issuer Bid (“NCIB“) and insider purchases of Trust Units. Rent Collection:The Trust has worked… [Read More]
CIBC and RE/MAX Western Canada work together to help Canadians navigate the housing market
TORONTO, Aug. 5, 2020 /CNW/ – CIBC and RE/MAX Western Canada are pleased to announce they have formed an exclusive partnership aimed at helping Canadians living in northern and western Canada achieve their goals of home ownership. RE/MAX clients in Manitoba, Saskatchewan, Alberta, British Columbia, Yukon and Northwest Territories will be able to benefit from CIBC’s… [Read More]
CT REIT Announces Second Quarter 2020 Results
Delivers 2.8% growth in AFFO per unit for the second quarter Announces 2.0% distribution increase 98.5% of July 1st rental obligations fulfilled Completes $36 million of previously announced investments TORONTO, Aug. 4, 2020 /CNW/ – CT Real Estate Investment Trust (“CT REIT” or “the REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the second… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Board Changes
TORONTO, July 31, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) today announced a change in the Company’s board of directors (the “Board”). The Board has accepted the resignation of Gary M. Samuel as a director of the Company. In his place, the Board is pleased to announce the appointment of… [Read More]
NorthWest Healthcare Properties REIT Announces Timing of Second Quarter Results
TORONTO, July 31, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT“) announced today that the REIT expects to issue its second quarter 2020 financial results for the three and six months ending June, 2020 on Monday, August 24, 2020, before markets open. A conference call is expected to be held… [Read More]
Genesis Reports 2020 Second Quarter Results
CALGARY, AB, July 30, 2020 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q2”) and six months ended June 30, 2020 (“YTD”). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing a… [Read More]
Empire continues Farm Boy expansion, announces three new Ontario locations
43 Farm Boy locations in Ontario confirmed to date 3 stores in Ontario announced today for conversion to Farm Boy 9 Farm Boy previously announced stores to open before the end of 2021 31 Farm Boy stores are currently open in Ontario $6.1 million in store closure costs to be expensed in the first quarter… [Read More]
BSR Acquires Broadstone Park West in Houston Market for US$51 Million
LITTLE ROCK, Ark. and TORONTO, July 30, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has acquired Broadstone Park West (“Broadstone” or the “Property”), a 370 suite, garden style residential community in Houston, Texas for US$51 million from Starlight Investments. The transaction was financed through… [Read More]
PROREIT Announces Date for Release of Second Quarter 2020 Results and Conference Call
MONTREAL, July 30, 2020 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2020 second quarter financial results on Wednesday, August 12, 2020, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President, Chief Financial Officer and Secretary, will host… [Read More]
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