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Firm Capital Property Trust Announces Closing of Previously Announced Private Placement

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TORONTO, March 28, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV: FCD.UN) is pleased to announce that it has closed its previously announced   Non-Brokered Private Placement (the “Private Placement”). The Trust has raised gross proceeds of $8,676,640 and issued 1,355,726 Trust Units of the Trust at a price of $6.40… [Read More]

Melcor Developments Ltd. Announces Normal Course Issuer Bid

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EDMONTON, Alberta, March 28, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems.

Terra Firma Capital Corporation Provides Update on Urbancorp Matters

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TORONTO, March 27, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, provides the following update on various matters related to its loans in default with entities controlled or related to Urbancorp Inc. and its principals (the “Borrower”):

WPT Industrial REIT Announces Agreement to Acquire US$226 Million Infill Logistics Portfolio and Credit Facility Amendment

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TORONTO, March 26, 2019 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U – OTCQX: WPTIF) announced today that it has waived diligence conditions and plans to acquire a portfolio of 13 industrial buildings and three land parcels located in multiple markets in the United States (the “Acquisition Portfolio”) totaling approximately 2.2… [Read More]

RioCan Real Estate Investment Trust Announces Agreement of Edward Sonshine, O.Ont., Q.C. to Remain as Chief Executive Officer Until at Least March 31, 2021; Jonathan Gitlin Appointed President and Chief Operating Officer

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TORONTO, March 25, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX:REI.UN) is pleased to announce that Edward Sonshine, O.Ont., Q.C., RioCan’s Chief Executive Officer, has agreed to remain Chief Executive Officer of the Trust until his retirement on March 31, 2021, subject to a potential one year extension.  Upon… [Read More]

Urbanfund Corp. Declares Dividend

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 22, 2019 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.005 per common share… [Read More]