VANCOUVER, Dec. 12, 2017 /CNW/ – Resolve Ventures Inc. (TSX-V: RSV) (the “Company” or “Resolve“) is pleased to announce that it has entered into an option agreement, whereby the Company may acquire a 100% interest in the Son Property (the “Property“) located 51 kilometres southeast of Houston, British Columbia, Canada from two arm’s length vendors. The… [Read More]
Tricon Capital Group Prices $365 Million Securitization
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Dec. 12, 2017 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, announced today that Tricon American Homes (“TAH”)… [Read More]
Summit Industrial Income REIT Announces Waiver of Conditions on Ontario Portfolio and Underwriters’ Full Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 11, 2017 /CNW/ – Summit Industrial Income REIT (“Summit”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a previously disclosed 100% interest in a ten property portfolio (the “Portfolio”) for a purchase price of… [Read More]
Automotive Properties REIT Agrees to Acquire Mazda Dealership Property in Montreal for $8.0 million
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 11, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced that it has entered into an agreement to purchase the Mazda des Sources automotive dealership property in suburban Montreal, Quebec (the “Property”) for… [Read More]
Brookfield Real Estate Services Inc. Declares Monthly Dividend
TORONTO, Dec. 11, 2017 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) today announced the payment of a cash dividend of $0.1125 per restricted voting share payable on January 31, 2018, to shareholders of record on December 29, 2017. About Brookfield Real Estate Services Inc.Brookfield Real Estate Services Inc. (“BRESI”) is a leading provider of… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Completes Strategic Recycling of Capital and Improves Portfolio Vintage with Acquisition in Dallas, Texas
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec, 8, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund”) announced today it has acquired The Callie, a 261-unit multi-family property completed in 2016 and located in Dallas, Texas at 8025 Forest Lane. The… [Read More]
Brookfield Real Estate Services Inc. Announces Acquisition of Franchise Agreements
TORONTO, Dec. 8, 2017 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE) announced today that it has approved the acquisition of certain franchise agreements from Brookfield Real Estate Services Manager Limited (“the Manager”). Acquisition of Franchise Agreements Under the Royal LePage and Via Capitale brands, the Company will acquire franchise agreements representing… [Read More]
Mainstreet Health Investments announces it has obtained shareholder approval by way of consents for previously announced transaction
TORONTO, Dec. 8, 2017 /CNW/ – Mainstreet Health Investments (TSX: HLP-U) (“Mainstreet” or the “Company“) today announced that, in connection with its previously announced acquisition of Care Investment Trust LLC (“CIT“) from Tiptree Operating Company, LLC (“Tiptree“) (the “Transaction“), it has obtained consents from shareholders of the Company (“Shareholders“) holding, in the aggregate, 51.55% of… [Read More]
Pathfinder Income Fund Announces Normal Course Issuer Bid
CALGARY, Dec. 7, 2017 /CNW/ – Pathfinder Income Fund announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”). Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX. This NCIB will commence… [Read More]
Clarocity Corporation Announces Closing of First Tranche of Debt Facility
CALGARY, Dec. 6, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it has closed the first tranche of the previously announced (see November 17, 2017 press release) $2.5 million Debt Facility (“Facility 3.0“) provided by StableView Asset Management (“StableView“) on behalf of managed accounts and funds with gross proceeds… [Read More]
/C O R R E C T I O N from Source — Genesis Land Development Corp./
In the news release “$11.1 Million Sale by Genesis of Two Sites in Sage Meadows” issued yesterday, December 5, 2017, by Genesis Land Development Corp. (“Genesis”) (TSX: GDC), the headline should read “$10.5 Million Sale by Genesis of Two Sites in Sage Meadows” rather than “$11.1 Million” and the aggregate sale price of the Lands… [Read More]
PROREIT Closes Acquisition of 19-Property Portfolio Anchored Primarily by Rexall Pharmacies
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, Dec. 6, 2017 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSXV: PRV.UN) is pleased to announce that it has closed its previously announced acquisition of 19 properties (the “portfolio“) in British Columbia, Alberta, Saskatchewan and… [Read More]
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