REIT REPORT

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Nine Month Financial Results and Regular Dividend

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TORONTO, March 13, 2018 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX:BEK.B) is pleased to report the results for the nine months ended January 31, 2018. HIGHLIGHTS Total revenues for the nine months ended January 31, 2018 were $2,560,850 compared to $2,813,449 for the same period in 2017; Net operating income for… [Read More]

Melcor Developments announces results for 2017 and declares quarterly dividend of $0.13 per share

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EDMONTON, Alberta, March 07, 2018 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2017. The economic environment improved in many of Melcor’s primary markets throughout the year,… [Read More]

Report on First Distribution Relating to Investment in Industrial Complex in Brampton, Ontario

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TORONTO, Feb. 26, 2018 (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 received its first distribution of $1,850,000 relating to a return of capital of $971,000 and income of $879,000 relating to 11-13 Edvac Drive, in Brampton, Ontario (the… [Read More]

InterRent REIT Results for the Fourth Quarter and 2017 Results

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Feb. 22, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the fourth quarter and year-ended December 31, 2017. Highlights Gross rental revenue for the three months ended December… [Read More]

InterRent Announces February 2018 Distributions

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Feb. 19, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that its distribution declared for the month of February 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized… [Read More]

InterRent Property Acquisition Update

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Feb. 12, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it has reached an unconditional agreement to acquire 2 properties, totalling 172 suites, in Grimsby, Ontario for $21,075,000.    The properties are located… [Read More]

Terra Firma Capital Corporation Announces the Closing of a First Mortgage Loan in Palm Springs, California

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TORONTO, Feb. 12, 2018 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V:TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of a first mortgage loan (the “Loan”) totaling US$4.8 million (CDN$6 million) secured by fully entitled commercial development land located in Palm Springs, California.

InterRent REIT Announces Internalization of Property Management

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Feb. 06, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent” or the “REIT”) announced today that it has entered into an agreement (the “Asset Purchase Agreement”) with CLV Group Inc., the REIT’s external property manager (“CLV… [Read More]

InterRent Announces January 2018 Distributions

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OTTAWA, Jan. 23, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of January 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized basis.  Payment will be made on or about February 15, 2018 to unitholders of record… [Read More]