TORONTO, May 6, 2015 /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 month period ended March 31, 2015. HIGHLIGHTS Highlights for the three month period ended March 31, 2015, including events subsequent to the quarter, are set… [Read More]
Northern Property REIT reports first quarter 2015 financial results
FFO per unit increases 6.1% from 2014 CALGARY, May 6, 2015 /CNW/ – Northern Property Real Estate Investment Trust (the “REIT” or “NPR”) (NPR.UN â TSX) today announced financial results for the three months ended March 31, 2015. NPR reported first quarter funds from operations (“FFO”) per Trust Unit of $0.52, an increase of 6.1%… [Read More]
True North Apartment REIT Announces Results for the Three Months Ended March 31, 2015
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, May 6, 2015 /CNW/ – True North Apartment Real Estate Investment Trust (TSX: TN.UN; TN.DB) (the “REIT”) today announced its results of operations and financial condition for the three months ended March 31, 2015 (the “first quarter”). First Quarter Highlights Net Operating Income (“NOI”) of… [Read More]
Morguard Real Estate Investment Trust announces 2015 first quarter results
TSX: MRT.UN MISSISSAUGA, ON, May 6, 2015 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its financial results for the three months ended March 31, 2015 (“Q1”). These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). Highlights Funds from operations (“FFO”) for Q1 2015… [Read More]
MCAN Mortgage Corporation Reports First Quarter Earnings and Declares Dividend
Stock market symbol TSX: MKP TORONTO, May 6, 2015 /CNW/ – MCAN Mortgage Corporation’s (“MCAN”, the “Company” or “we”) net income for the first quarter of 2015 was $4.3 million, compared to $7.4 million in 2014. Earnings per share were $0.21, down from $0.36 in the prior year. Return on average shareholders’ equity was 7.49%… [Read More]
Morguard Corporation announces acquisition of common shares and convertible debentures of Temple Hotels Inc.
MISSISSAUGA, ON, May 6, 2015 /CNW/ – Morguard Corporation (TSX: MRC) announced that he has acquired, 3,945,000 common shares (“Common Shares“) of Temple Hotels Inc. (“Temple Hotels“) (TSX: TPH), through the facilities of the Toronto Stock Exchange and alternative Canadian trading platforms between November 18, 2014 and May 5, 2015, at a weighted average price of approximately $3.50… [Read More]
Brookfield Real Estate Services Inc. Reports First Quarter Results and Monthly Dividend
TORONTO, May 6, 2015 /CNW/ – Brookfield Real Estate Services Inc. (the Company) (TSX: BRE), a leading provider of services to residential real estate brokers and their REALTORS®1 today announced that cash flow from operations (“CFFO”) for the three months ended March 31, 2015 was $6.0 million or $0.47 per Restricted Voting Share (“Share”) on… [Read More]
Zaio Corporation Products Now Available on One of the Largest Valuation Product Marketplaces Serving U.S. Banking Industry
– BPOMerge⢠joins FNC’s AppraisalPort® – CALGARY, May 6, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), Valuation Vision LLC (“Valuation Vision”) and Axis Appraisal Management Solutions, Inc. (“Axis”) (collectively the “pro forma company”) announces that BPOMerge⢠is now available via FNC’s AppraisalPort®. FNC is a recognized leader in collateral management platform… [Read More]
NorthWest Healthcare Properties REIT and NorthWest International Healthcare Properties REIT Announce Overwhelming Unitholder Approval of Combination Transaction and Other Matters
TORONTO, May 5, 2015 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NWH“) and NorthWest International Healthcare Properties Real Estate Investment Trust (TSXV:MOB.UN) (“NWI“) are pleased to announce that their respective unitholders, at each of their annual and special meetings held earlier today, overwhelmingly approved the previously announced combination transaction pursuant to which… [Read More]
Killam Properties Inc. announces strong Q1-2015 results with 25% FFO per share growth
HALIFAX, May 5, 2015 /CNW/ – Killam Properties Inc. (“Killam” or the “Company”) (TSX: KMP) announced its financial and operating results for the first quarter ended March 31, 2015. Q1 Highlights Generated funds from operations (“FFO”) per share (diluted) of $0.15, a 25.0% increase from $0.12 in Q1-2014. Increased same store rental revenue by 2.4%…. [Read More]
Slate Retail REIT Announces ISS and Glass Lewis Recommendations to Vote in Favour of its Proposed Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust and also Announces Amendments to Deferred Unit Plan
TORONTO, May 5, 2015 /CNW/ – Slate Retail REIT (the “REIT“) (TSX:SRT.UN) announced today that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., LLC, have both recommended that the REIT’s unitholders vote “FOR” the previously announced proposed acquisition by the REIT of Slate U.S. Opportunity (No. 3)… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces First Quarter 2015 Results and Conference Call Details
TORONTO, May 4, 2015 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) is pleased to report continued strong financial results for the quarter ended March 31, 2015. First Quarter Highlights Net income totaled $1.1 million, a slight decrease from $1.2 million in Q1 of 2014 Income from operations totaled $1.4 million,… [Read More]
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