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Melcor Closes $80.875 Million Sale to Melcor REIT

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EDMONTON, AB–(Marketwired – January 12, 2018) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced today that it has completed the sale of five commercial properties comprised of 172,629 sf gross leasable area (GLA) at its ownership percentage to Melcor Real Estate Investment Trust (the REIT) for $80.875… [Read More]

InterRent Announces December 2017 Distributions

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Dec. 21, 2017 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of December 2017 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized… [Read More]

Terra Firma Capital Corporation Announces Closing of Two First Mortgage Transactions in Two Projects Totalling US$21.1 Million (CDN$27.1 Million) and Stock Option Grants

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TORONTO, ONTARIO–(Marketwired – Dec. 21, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of two first mortgage loans (the “Loan(s)”) to separate and unrelated borrowers in the U.S. totaling US$21.1 million (CDN$27.1 million). The Loans comprise a US$12.5 million (CDN$16.1 million) first mortgage loan… [Read More]

Terra Firma Capital Corporation Announces Resignation of Director

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TORONTO, ONTARIO–(Marketwired – Dec. 5, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, announces that Mr. Reuben Rosenblatt, QC has resigned from the Board of Directors, effective immediately to focus on his other professional commitments. Mr. Rosenblatt has been a director of the Company since… [Read More]

Melcor Announces $80.875 Million Sale to Melcor REIT

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EDMONTON, AB–(Marketwired – December 04, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced today that it has agreed to sell a portfolio of five commercial properties comprised of 172,629 sf gross leasable area (GLA) at ownership percentage to Melcor Real Estate Investment Trust (the REIT) for… [Read More]

Halmont Properties Corporation: News Release

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TORONTO, Nov. 29, 2017 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that the net income to common shareholders for the nine months ended September 30, 2017 was $1,266,000 as compared to net income of $1,036,000 for the nine months ended September 30, 2016.   Nine months ended (in thousands except per share amounts)… [Read More]

Report on Financial Results for the Three and Nine Month Periods Ended September 30, 2017

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TORONTO, Nov. 24, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (“Urbanfund” or the “Company”), confirmed today that the Company filed its unaudited interim condensed consolidated financial statements for the three- month and nine-month periods ended September 30, 2017 (the “Financial Statements”). Results from Operations For the nine-month… [Read More]