CALGARY, May 25, 2016 /CNW/ – The Company is pleased to announce that holders of 10% secured, redeemable, convertible debentures (“Debentures“) today approved, by extraordinary resolution, indenture amendments providing for the automatic conversion (the “Automatic Conversion“) of outstanding Debentures into only common shares of the Company (the “Common Shares“) in consideration for the issuance of 10,833… [Read More]
Milestone Apartments REIT Makes US$50 Million Commitment to The Milestone Group’s Value-Add Fund
– Investment Further Diversifies the REIT’s Portfolio with Value-Add Exposure within U.S. Multifamily Sector – /NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO / DALLAS, May 25, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (the “REIT”) today announced that it has entered into an agreement to… [Read More]
Tricon Announces Voting Results from Annual and Special Meeting of Shareholders
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, May 25, 2016 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, is pleased to announce that it has received shareholder approval for all… [Read More]
Starlight U.S. Multi-Family (No. 2) Core Fund Reports Strong 2016 Q1 Results and a 38.9% AFFO Payout Ratio in First Quarter of 2016
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 25, 2016 /CNW/ – Starlight U.S. Multi-Family (No. 2) Core Fund (TSX.V: SUD.A, SUD.U) (the “Fund”) today announced its results of operations and financial condition for the three months ended March 31, 2016 (the “First Quarter”). All amounts in this… [Read More]
Starlight U.S. Multi-Family (No. 3) Core Fund Announces Strong 2016 First Quarter Results
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 25, 2016 /CNW/ – Starlight U.S. Multi-Family (No. 3) Core Fund (TSX.V: SUS.A, SUS.U) (the “Fund”) today announced its results of operations and financial condition for the three months ended March 31, 2016 (the “First Quarter”). All amounts in this news… [Read More]
Two thirds of millennials plan to make the move to home ownership, but nearly half of them have no savings
Majority of Canadians say something should be done to help millennials get into the housing market TORONTO, May 24, 2016 /CNW/ – Two thirds (64 per cent) of millennials plan to make the move to home ownership, with 63 per cent of them looking to buy in the next five years, but nearly half (44… [Read More]
Trez Capital Senior Mortgage Investment Corporation announces May 2016 dividend
TORONTO, May 20, 2016 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) announced today that its board of directors has declared a monthly dividend of $0.0485 per Class A share of the Company. The dividend will be paid on June 15, 2016 to holders of Class A shares of record on May 31,… [Read More]
Cominar Announces Closing of the Public Offering of its 4.247% Series 10 Senior Unsecured Debentures Due May 23, 2023 in the Principal Amount of $225 Million
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ QUÃBEC CITY, May 20, 2016 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today that it has closed the previously-announced public offering of its 4.247% Series 10 senior unsecured debentures in the principal amount of $225 million (the… [Read More]
NewNorth announces results for the quarter ended March 31, 2016
CALGARY, May 19, 2016 /CNW/ – NewNorth Projects Ltd. (“NewNorth”) (TSXV:NNP) today announced its financial results for the quarter ended March 31, 2016. Mr. Greg Herndier, President and Chief Executive Officer of NewNorth, reports a net loss after tax for the quarter ended March 31, 2016 is $73,000. After tax loss per share, basic and diluted… [Read More]
NewNorth provides update on Fort McMurray sale
CALGARY, May 19, 2016 /CNW/ – NewNorth Projects Ltd. (“NewNorth” or the “Company”) (TSXV: NNP) announces that Rivera Suites Hotel Limited Partnership (the “Partnership”) has filed a statement of claim for $5,000,000 against the arm’s length purchaser (the “Purchaser”) in respect the previously announced conditional purchase and sale agreement to dispose of NewNorth’s 50% interest in… [Read More]
Pure Industrial Real Estate Trust Announces Cash Distribution for May 2016
VANCOUVER, May 19, 2016 /CNW/ – Pure Industrial Real Estate Trust (“PIRET”) (TSX: AAR.UN) today announced that its Board of Trustees has approved a cash distribution of $0.026 per trust unit for the month of May 2016 (equivalent to $0.312 per trust unit on an annualized basis). This distribution will be paid on June 15, 2016… [Read More]
Plaza Retail REIT announces May 2016 distribution
FREDERICTON, May 19, 2016 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX:PLZ.UN) today announced its May 2016 monthly distribution in the amount of $0.02167 per unit ($0.26 annualized). The May distribution will be payable on June 15, 2016 to unitholders of record as at May 31, 2016. Plaza is an open-ended real estate investment trust… [Read More]
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