MONTRÃAL, Aug. 3, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) is pleased to announce the purchase of a retail building in St-Hubert on the south shore of Montréal. This $23.2 million transaction, excluding transaction fees, upon closing, will bring to 72 the number of properties owned by the… [Read More]
Morguard Acquires Premier Class A Office Property in Markham, ON
MISSISSAUGA, ON, Aug. 3, 2017 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that the real estate company has purchased 123 Commerce Valley Drive East, an 8-storey Class A suburban office building in Markham, ON. The acquisition was completed for a purchase price of $66.5 million, excluding taxes and transaction costs, and encompasses 203,500 square feet… [Read More]
Mosaic Capital Corporation Announces Second Quarter 2017 Earnings Release Date and Conference Call
CALGARY, Aug. 3, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.DB) intends to release its second quarter 2017 financial results on Monday, August 14th, 2017, after market close. A conference call to discuss the results will be held on Tuesday, August 15th, 2017 at 10:00 AM ET. All interested parties are invited… [Read More]
Firm Capital American Realty Partners Corp. Announces Significantly Accretive Corporate Transactions and Single Family Home Update
All amounts are in US dollars unless otherwise stated TORONTO, Aug. 3, 2017 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV: FCA.U/FCA) is pleased to announce the following accretive corporate transactions intended to strengthen the Company’s balance sheet and future earnings potential: FULL REPAYMENT OF THE SENIOR SECURED NOTES (“SSN”) Through a… [Read More]
Granite Announces 2017 Second Quarter Results
TORONTO, Aug. 2, 2017 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) today announced their combined results for the three and six month periods ended June 30, 2017. HIGHLIGHTS Highlights for the three month period ended June 30, 2017, including events subsequent to the quarter, are set out… [Read More]
CT REIT Reports Strong Second Quarter 2017 Results
Delivers 10.0% growth in AFFO per unit over the same period last year CT REIT announces four new investments, totalling $53 million TORONTO, Aug. 2, 2017 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the second quarter ended June 30, 2017. “CT REIT’s strong second… [Read More]
First Capital Realty Announces Q2 Results
TORONTO, Aug. 2, 2017 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), one of Canada’s largest owners, developers and managers of grocery anchored, retail-focused urban properties, announced today financial results for the three and six months ended June 30, 2017. SELECTED FINANCIAL INFORMATION (unaudited) Three months ended June 30 Six months ended June 30… [Read More]
Morguard Real Estate Investment Trust Announces 2017 Second Quarter Results
MISSISSAUGA, ON, Aug. 2, 2017 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its financial results for the three and six months ended June 30, 2017. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). During the quarter ended June 30, 2017, the Trust completed… [Read More]
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2017
TORONTO, Aug. 1, 2017 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.44 per common share for the third quarter of 2017. This dividend will be paid on August 30, 2017, to shareholders of record at the close… [Read More]
Genworth MI Canada Inc. Reports Second Quarter 2017 Results Including Net Operating Income of $126 Million
Transactional Premiums Written: $161 million Down 5% Y/Y, up 81% Q/Q Premiums Earned: $168 million Up 7% Y/Y, up 1% Q/Q Loss Ratio: 3% Down 17 pts Y/Y, down 12 pts Q/Q Net Income: $150 million Up 65% Y/Y, up 41% Q/Q Net Operating Income: $126 million Up 28% Y/Y, up 17% Q/Q Fully Diluted… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Continues Geographical Diversification and Improves its Portfolio Vintage with Highly Accretive Acquisition of 288 Suite Apartment Complex in Nashville, Tennessee Built in 2015
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 1, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) announced today that it has acquired Copperfield Apartments (“Copperfield“), a 288 suite, Class “A”, garden-style, apartment community constructed in 2015 and located in… [Read More]
Morguard North American Residential REIT Announces 2017 Second Quarter Results
MISSISSAUGA, ON, Aug. 1, 2017 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and six months ended June 30, 2017. Second Quarter Highlights On May 15, 2017, the REIT acquired a newly-constructed property comprising 60 rental townhomes located in Toronto, Ontario, for a purchase… [Read More]
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