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Nexus Real Estate Investment Trust Announces Closing of $112.1 Million Bought Deal Equity Offering

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 23, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate… [Read More]

Firm Capital Property Trust Announces the Closing of the Previously Announced Acquisition of a 50% Interest in a 242 Unit Condominium Manufactured Housing Community for $10.7 Million

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TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of the previously announced acquisition of a 50% interest in a 242 unit condominium Manufactured Housing Community (“MHC”) named Hidden Creek Condominium (“Hidden Creek” or the “Property”) located in McGregor, Ontario. The… [Read More]

Melcor announces retirement of CEO at end of 2021

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EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced that Darin Rayburn, President and Chief Executive Officer, will be retiring from the company on December 31, 2021. Tim Melton, Chairman of Melcor’s Board of Directors commented: “On behalf of the… [Read More]

First Onsite Property Restoration Further Broadens Geographic Footprint

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Acquires Complete DKI and Moore Restoration TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired Complete DKI (“Complete”) and Moore Restoration, Inc. (“Moore”). Terms of the two transactions were not disclosed. Headquartered in Pensacola, Florida, Complete… [Read More]

Halmont Properties Corporation Second Quarter Results

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TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to common shareholders for the six months ended June 30, 2021, was $1,403,000 as compared to net income of $1,624,000 for the six months ended June 30, 2020. (thousands) Six months ended   June… [Read More]

Terra Firma Capital Declares Quarterly Dividend

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TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.05 per common share, payable on October 15, 2021, to shareholders of record as of the close of business on September 30, 2021…. [Read More]

Terra Firma Capital Corporation Reports Second Quarter 2021 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today announced its financial results for the three and six-month periods ended June 30, 2021. Q2 2021 Financial Highlights (as compared… [Read More]

Firm Capital Property Trust Announces Leasing Update

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TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to provide an update on the Trust’s industrial occupancy since the period ended June 30, 2021. RECENT INDUSTRIAL LEASING HIGHLIGHTSThe Trust has completed a three year lease for a vacancy in the Montreal Industrial Portfolio that… [Read More]

FirstService Announces Normal Course Issuer Bid

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TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding common shares. The notice provides that FirstService may,… [Read More]

Nexus Real Estate Investment Trust Announces Upsizing of Public Offering of Trust Units to $97 Million

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 17, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) is pleased to announce the upsizing of its previously announced bought deal financing (the “Offering”) with a syndicate of underwriters led by BMO… [Read More]