“STRONG SAME PROPERTY RESULTS FUEL GROWTH” VANCOUVER, May 9, 2018 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) is pleased to announce the release of its financial results for the three months ended March 31, 2018. The results, consisting of Pure Multi-Family’s condensed interim consolidated financial statements for the… [Read More]
American Hotel Income Properties REIT LP Announces Election of Directors
VANCOUVER, May 9, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today that at its annual meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated April 5, 2018 were directed to be elected as directors of American Hotel Income Properties… [Read More]
Clarocity Corporation Announces Closing of Fifth Tranche of Debt Facility
CALGARY, May 9, 2018 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it has closed the fifth tranche of the previously announced increased (see May 1, 2018, April 27, 2018, November 17, 2017 and December 18, 2017 press releases) Debt Facility (“Facility 3.0“) provided by StableView Asset Management (“StableView“) on… [Read More]
American Hotel Income Properties REIT LP Reports First Quarter 2018 Results
Revenue grew 31.3%, EBITDA increased 20.8% from year-ago period RevPAR grew 5.5% from Q1 2017 due to the acquisition of higher quality hotels Higher occupancy-related expenses and planned renovation activity resulted in lower margins Increased seasonality from recent acquisition activity is affecting quarterly performance CEO, Rob O’Neill, making additional significant investment in the Company (All… [Read More]
Summit Industrial Income REIT Announces Results of Voting for Trustees at Annual Meeting of Unitholders
TORONTO, May 9, 2018 /CNW/ – Summit Industrial Income REIT (the “REIT“) (TSX:SMU.UN) is pleased to announce the results of the vote on trustees at its May 9, 2018 annual unitholders’ meeting. Each of the nominee trustees listed in the REIT’s management information circular dated March 31, 2018 was elected as a trustee of the REIT. The… [Read More]
Crombie REIT Reports First Quarter 2018 Results
NEW GLASGOW, NS, May 9, 2018 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to report its financial results for the three months ended March 31, 2018. First quarter 2018 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Property revenue for the three months ended March 31,… [Read More]
True North Commercial REIT Reports Q1 2018 Results
Urban Growth, Enhanced Liquidity, Revenue and NOI Growth, 100,000 square feet of Alberta Government lease renewals and expansion â a successful Q1 /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, May 9, 2018 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced continued strong performance for… [Read More]
Strong Operational Performance Drives Q1 2018 Results for Tricon Capital Group
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, May 9, 2018 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), a principal investor and asset manager focused on the residential real estate industry, announced today its consolidated financial results for the three months ended March 31,… [Read More]
Invesque Continues Leadership Team Expansion with Addition of Industry Veteran Bryan Hickman
TORONTO, May 9, 2018 /CNW/ – Invesque Inc. (TSX: IVQ.U) (the “Company”) announced the addition of Bryan E. Hickman as Senior Vice President â Investments. Bryan brings a long history of healthcare real experience to Invesque. Most recently, Bryan was a Vice President â Investments at Welltower Inc. (NYSE: WELL) where he was responsible for… [Read More]
MCAN Mortgage Corporation Announces Final Voting Results
Stock market symbol TSX: MKP TORONTO, May 9, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2018 Annual General Meeting of Shareholders held in Toronto, Ontario, on May 8, 2018. By a vote of show of hands, the director nominees listed in the table below were… [Read More]
Summit Industrial Income REIT Announces Significant Growth in First Quarter 2018 Results
TORONTO, May 8, 2018 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today a significant increase in its operating and financial results for the three months ended March 31, 2018. Highlights: Acquisitions, strong property performance drive significant growth in revenues, net operating income (“NOI”)1 and funds from operations (“FFO”)1…. [Read More]
CT Real Estate Investment Trust Announces Election of Trustees
TORONTO, May 8, 2018 /CNW/ – CT Real Estate Investment Trust (the “Trust”) (TSX: CRT.UN) announced today that each of the seven trustee nominees listed in the Management Information Circular dated March 5, 2018 were elected as trustees of the Trust at the Annual Meeting of Unitholders of the Trust (the “Meeting”) held earlier today… [Read More]
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