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Michael Stein to Retire from CAPREIT’s Board of Trustees After Twenty-Five Years Delivering Value to Unitholders

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TORONTO, April 28, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. Michael Stein will be retiring from CAPREIT’s Board of Trustees (the “Board”) effective at the end of his current term, following CAPRET’s 2022 Annual and Special Meeting of Unitholders on Wednesday, June 1, 2022 (the… [Read More]

Allied Announces First-Quarter Results

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TORONTO, April 27, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended March 31, 2022. “Allied’s first-quarter results for 2022 met or exceeded expectations, with AFFO per unit and average in-place net rent per occupied square foot rising to record levels,” said Michael Emory,… [Read More]

SmartCentres Declares Distribution for April 2022

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TORONTO, April 25, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of April 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on May… [Read More]

Chris McLernon to lead global real estate services reporting to Jay Hennick

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Davoud Amel-Azizpour named CEO of EMEA Region TORONTO, April 25, 2022 (GLOBE NEWSWIRE) — Leading global professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the appointment of Chris McLernon as Chief Executive Officer of Real Estate Services| Global. McLernon will be based in the firm’s global headquarters in Toronto, reporting… [Read More]

Timbercreek Financial Declares April 2022 Dividend

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TORONTO, April 22, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on May 13, 2022 to holders of Common Shares of record on April 29, 2022. The Company… [Read More]

Report On Financial Results for the Year Ended December 31, 2021

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TORONTO, April 21, 2022 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the year ended December 31, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY… [Read More]

Halmont Properties Corporation Year End Results

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TORONTO, April 20, 2022 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to common shareholders for the year ended December 31, 2021, was $5.89 million as compared to net income of $4.82 million for the year ended December 31, 2020. (millions, except per share amounts) Year… [Read More]

Northview Fund Announces April Distribution

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Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, April 19, 2022 (GLOBE NEWSWIRE) — Northview Fund (the “Fund”) today announced its April 2022 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on May 16,… [Read More]

Firm Capital Apartment REIT Announces $26.8 Million Houston Property Joint Venture Buy-Out; $3.5 Million, 12% Preferred Capital Investment and CAD$13 Million Bridge Loan

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All amounts are in US Dollars unless otherwise stated. TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — Firm Capital Apartment REIT (the “Trust”), (TSXV: FCA.U), (TSXV: FCA) is pleased to announce the acquisition of a 50% interest in another of the Trust’s Equity Accounted Investments located in Houston, Texas based on a $26.8 million valuation (the “Houston… [Read More]

ERES REIT Declares April 2022 Monthly Distribution

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TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “April Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

CAPREIT Announces April 2022 Distribution

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TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its April 2022 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The April distribution will be payable on May 16, 2022 to Unitholders of record on April 29,… [Read More]