MISSISSAUGA, ON, April 1, 2016 /CNW/ – Further to the press release issued on December 23, 2015 by Temple Hotels Inc. (“Temple”) (TSX: TPH), Temple announces that Morguard Corporation (“Morguard”) (TSX:MRC) has determined that April 1, 2016 be the Management Turnover Date pursuant to the conditions of an asset management assignment and transition agreement under which… [Read More]
CT Real Estate Investment Trust Announces Agreement to Acquire and Lease Back Distribution Centre property in Calgary, Alberta
CT REIT to acquire a facility of approximately 660,000 square feet and seven acres of excess land from Sears Canada Inc. at a total investment of approximately $84 million TORONTO, April 1, 2016 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) announced today that it has waived its due diligence conditions in an agreement… [Read More]
Boardwalk REIT announces timing of release of its first quarter financial results for the three month period ended March 31, 2016.
CALGARY, April 1, 2016 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ â TSX) Boardwalk REIT would like to announce that its first quarter financial results for the three month period ended March 31, 2016 will be released after market close on May 12, 2016. We invite you to participate in the teleconference held to… [Read More]
Firm Capital Mortgage Investment Corporation announces appointment of The Hon. Joe Oliver as new Independent Director
TSX Symbol FC TORONTO, March 31, 2016 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX : FC) is pleased to announce the appointment of The Honourable Joe Oliver, P.C. as a new independent director. Joe Oliver is the former Minister of Finance, Minister of Natural Resources and Member of Parliament for EglintonâLawrence. Prior… [Read More]
InnVest Real Estate Investment Trust Completes $54.4 Million Mortgage Financing
TORONTO, March 31, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has completed the financing of its recently acquired Marriott Ottawa Hotel. The financing is a 7-year, $54.4 million mortgage with a fixed interest rate of 3.87% with a U.S. financial institution. The proceeds from the financing were applied to repay… [Read More]
Granite REIT Announces Michael Forsayeth As CEO
TORONTO, March 31, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that Michael Forsayeth has been appointed Granite’s Chief Executive Officer effective immediately. ABOUT GRANITE Granite is a Canadian-based REIT engaged in the ownership and management of predominantly industrial, warehouse and logistics properties in North America and Europe…. [Read More]
Artis Real Estate Investment Trust Announces Timing of Release of Q1-16 Results and Conference Call
WINNIPEG, March 31, 2016 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it intends to release its financial results for the quarter ended March 31, 2016, after the close of the Toronto Stock Exchange on Thursday, May 5, 2016. Interested parties are invited to participate in a conference… [Read More]
Milestone Apartments REIT and MileSouth Apartment Portfolio LP Announce Closing of Secondary Offering and Exercise in Full of Over-Allotment Option for Gross Proceeds of C$181.5 Million
– Reduces MileSouth Ownership Interest in the REIT to Approximately 1.1% Down From 15.6% – TORONTO / DALLAS, March 31, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (the “REIT”) and MileSouth Apartment Portfolio LP, an affiliated entity of Invesco Ltd. (“MileSouth”), announced today that they have completed their previously announced secondary… [Read More]
Plaza completes bought deal public offering of $23 million of trust units
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ FREDERICTON, NB, March 31, 2016 /CNW/ – Plaza Retail REIT (“Plaza” or the “REIT”) (TSX: PLZ.UN) announced today that it has closed its previously announced bought deal public offering (the “Offering”) of 5,002,500 trust units (the “Units”) of Plaza issued from treasury… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces 2015 Year-End Results & Conference Call
TORONTO, March 30, 2016 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) financial results for the year ended December 31, 2015 are as follows: Financial Highlights For the three months ended December 31, 2015 Income from operations totaled $0.5 million, down from $1.3 million at Q4 of 2014 Net income totaled $0.3… [Read More]
Tricon Announces Completion of Faria Preserve Land Sale
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, March 30, 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, announced today that the sale of Faria… [Read More]
Zaio Corporation’s BPOMerge™ Product Ranked First in 2015 Testing Results by a Major U.S National Loan Servicer
CALGARY, March 30, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) announces that its U.S. subsidiary Valuation Vision, Inc. has just received positive results as part of it’s 2015 BPOMerge⢠performance review with a major U.S. loan servicer. “We recently received a performance review from a large national client and our Valuation… [Read More]
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