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Firm Capital Mortgage Investment Corporation Announces Q1/2016 Results

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TSX Symbol FC TORONTO, May 3, 2016 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) today released its financial statements for the three months ended March 31, 2016. HIGHLIGHTS INCREASE IN PROFITIncome and profit (referred to herein as “Profit”) for the quarter ended March 31, 2016 increased by approximately 3% to $5,014,757… [Read More]

Lanesborough REIT Completes the Sale of Two Properties

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WINNIPEG, May 3, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has completed the sale of the following two properties, with an effective date of May 1, 2016: Willowdale Gardens, an 88-suite apartment property located in Brandon, Manitoba, was sold for $9 million. The sale resulted in net… [Read More]

Morguard North American Residential REIT Announces 2016 First Quarter Results

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MISSISSAUGA, ON, May 3, 2016 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three months ended March 31, 2016. First Quarter Highlights Acquisition of a 370 suite residential property in Ottawa, Ontario, for $67.0 million.  The acquisition was funded by cash on hand and a mortgage… [Read More]

Pure Multi-Family REIT LP Announces Timing of Release of Q1 2016 Financial Results and Conference Call

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VANCOUVER, May 2, 2016 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) today announced that it intends to release its financial results for the three months ended March 31, 2016, after the close of the TSX Venture on Tuesday, May 10, 2016. Steve Evans, CEO, Samantha Adams, VP, and Scott… [Read More]

Zaio Corporation Announces Q4 2015 Financial Results

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CALGARY, May 1, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), today announced its fourth quarter (Q4) financial results for the three and twelve month periods ended December 31, 2015. “We are pleased with the progress in revenue growth that has been made in the latter half of the 2015 fiscal year… [Read More]

InnVest Real Estate Investment Trust Announces Adoption of Replacement Unitholder Rights Plan

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TORONTO, April 29, 2016 /CNW/ – InnVest Real Estate Investment Trust (TSX: INN.UN) (“InnVest”) today announced that its board of trustees (the “Board”) has adopted a new unitholder rights plan (the “Replacement Rights Plan”).  The Replacement Rights Plan will ultimately replace InnVest’s existing unitholder rights plan (the “Existing Rights Plan”), which expires on June 5, 2016,… [Read More]

Nobel REIT is moving Downtown Montreal

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MONTREAL, April 29, 2016 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT“) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 Stanley in Downtown Montreal. Our offices are therefore closed today for the move; they will reopen in our… [Read More]

Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid

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TORONTO, April 28, 2016 /CNW/ – Genworth MI Canada Inc. (“Genworth Canada”, or the “Company”) (TSX: MIC) announced today acceptance by the Toronto Stock Exchange (the “TSX”) of the Company’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, Genworth Canada may, if considered advisable, purchase through the facilities… [Read More]

Genworth MI Canada Inc. Reports First Quarter 2016 Results

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Premiums Earned: $154 million, up 8% Y/YLoss Ratio: 24%, up 2 points Y/YNet Operating Income: $91 million, down 5% Y/YFully Diluted Operating EPS:  $0.99, down 4% Y/Y TORONTO, April 28, 2016 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today reported first quarter 2016 net income of $88 million or $0.96 earnings per fully… [Read More]

Brookfield Real Estate Services Inc. Annual General Meeting and First Quarter Results Conference Call Notice

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TORONTO, April 28, 2016 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) (the “Company”), will hold its Annual General Meeting of holders of Restricted Voting Shares and Special Voting Shares (collectively, “Shareholders”) of the Company on Wednesday, May 4, 2016 at 10:00 a.m. ET at the Westin Prince Hotel, North York Room, located at 900… [Read More]