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TSX Accepts Renewal of Normal Course Issuer Bid & Boardwalk Offers Tenants a Chance to Become an Owner of the REIT

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CALGARY, June 29, 2017 /CNW/ – Boardwalk Real Estate Investment Trust (“Boardwalk”) is pleased to announce that The Toronto Stock Exchange has accepted its notice of intention to renew its normal course issuer bid (the “Bid”), and that it has launched a contest that gives its tenants (“Resident Members”) a chance to own its trust units…. [Read More]

Starlight U.S. Multi-Family (No. 5) Core Fund Completes Strategic Recycling of Capital with Acquisition of Apartment Complex in Denver, Colorado Constructed in 2014

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 28, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) announced today that it has redeployed the proceeds from the recently announced disposition of Villages of Towne Lake, together with the proceeds from… [Read More]

Empire Company Reports Fiscal 2017 Fourth Quarter and Full Year Results

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STELLARTON, NS, June 28, 2017 /CNW/ –  Fourth Quarter Summary Sobeys’ same-store sales excluding fuel decreased 1.6 percent; however, tonnage increased Earnings per share of $0.11 Adjusted earnings per share of $0.18 compared to $0.35 last year Project Sunrise transformation underway Planned fiscal 2018 capital expenditures set at $350 million Empire Company Limited (“Empire” or… [Read More]

Automotive Properties REIT Extends and Increases Credit Facility

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TORONTO, June 27, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) today announced that it has extended the maturity of one of its non-revolving credit facilities (“Credit Facility 2”), from July 2020 to June 2022 for a five-year term and increased the amount available to be drawn… [Read More]

Starlight U.S. Multi-Family (No. 5) Core Fund Completes Sale of Apartment Complex in Houston, Texas Constructed in 2008 and Agrees to Strategic Recycling of Capital Through Acquisition of Apartment Complex in Denver, Colorado Constructed in 2014

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 27, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) announced today that it has sold the Villages at Towne Lake (“Towne Lake“), a 126 unit, 55+ age restricted community constructed in 2008… [Read More]

Home Capital Provides Update on Liquidity and Deposits

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TORONTO, June 27, 2017 /CNW/ – Home Capital Group Inc. (“The Company” TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 26, 2017.   Liquidity and Deposit Update Aggregate available liquidity and credit capacity stood at approximately $1.43 billion including… [Read More]

True North Commercial Real Estate Investment Trust Continues Urban Growth with Closing of Two Strategic Property Acquisitions in GTA and Victoria

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/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, June 27, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed two previously announced property acquisitions: (i) a 31,410 square foot office property located at 5160 Orbitor Drive, Mississauga, Ontario (the “GTA… [Read More]

Morguard and William Osler Health System Celebrate the Topping Off of the Ancillary Services Building at Etobicoke General Hospital

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MISSISSAUGA, ON, June 27, 2017 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) and William Osler Health System celebrated a major milestone with the topping off of the Ancillary Services Building (“ASB”) at Etobicoke General Hospital (“EGH”). In 2016, the Morguard-led EGH Health Partners consortium was awarded the mandate to design, build, finance and maintain the… [Read More]

Crombie REIT Q2 Fiscal 2017 Conference Call

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NEW GLASGOW, NS, June 27, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) will hold a conference call on Thursday, August 10, 2017, beginning at 2:00 p.m. (ET) during which senior management will discuss the REIT’s financial results for the second quarter ended June 30, 2017. The financial results will be released on… [Read More]

Mosaic Capital Announces New Chief Financial Officer

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CALGARY, June 26, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“), (“the Company”) (TSX-V Symbols: M and M.DB) announced today that it has appointed Monty Balderston as Mosaic’s Chief Financial Officer. Mr. Balderston is a CPA, CA and joins Mosaic with a 20-year track record of progressively senior finance and accounting roles including Chief Financial Officer… [Read More]

Inovalis Real Estate Investment Trust Announces Closing of CDN$13.7 Million Private Placement

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/NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 26, 2017 /CNW/ – Inovalis Real Estate Investment Trust (“Inovalis REIT” or “REIT“) (TSX: INO.UN) today announced the closing of a CDN$13,717,407 private placement pursuant to the issuance of a Euro denominated promissory note by CanCorpEurope S.A. (a subsidiary of… [Read More]