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PROREIT Closes Previously Announced $8.65 Million Acquisition of High Quality Commercial Mixed-Use Complex in Montreal

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MONTREAL, QUEBEC–(Marketwired – Nov. 1, 2017) – NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES. PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX VENTURE:PRV.UN) announced that it closed the previously announced $8.65 million acquisition of 8150-8210 Trans-Canada Highway (the “complex”) in Montreal. The property sits… [Read More]

Allied Announces Third-Quarter Results

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TORONTO, ONTARIO–(Marketwired – Nov. 1, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its third quarter ended September 30, 2017. “The Allied story for 2017 has been straightforward and positive,” said Michael Emory, President & CEO. “Against the backdrop of a favourable operating environment in Montréal, Toronto and Vancouver,… [Read More]

Terra Firma Capital Corporation Announces Closing of First Mortgage Transaction in Jacksonville, Florida for US$14.8 Million (CDN$18.6 Million)

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TORONTO, ONTARIO–(Marketwired – Oct. 18, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), is pleased to announce the closing of a US$14.8 million (CDN$18.6 million) first mortgage loan (the “Loan”) secured by 267 lots, part of a 642 lot master planned community located in one of the most desirable residential… [Read More]

RioCan and Allied Announce Results of Condo Marketing Program at King Portland Centre in Toronto's Downtown West

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TORONTO, ONTARIO–(Marketwired – Oct. 17, 2017) – RioCan REIT (TSX:REI.UN) and Allied Properties REIT (TSX:AP.UN) today announced that the residential condominium units at King Portland Centre are substantially sold out, subject to customary closing conditions and rights of rescission. RioCan and Allied expect the profitability of these units to exceed initial expectations. King Portland Centre… [Read More]

Northview Apartment REIT Announces October 2017 Distribution

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CALGARY, ALBERTA–(Marketwired – Oct. 16, 2017) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its October 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on November 15, 2017 to holders of trust units of record at October 31, 2017. As at the date hereof, there are 49,952,198 trust units (NVU.UN)… [Read More]

Allied Properties Real Estate Investment Trust Announces October 2017 Distribution

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TORONTO, ONTARIO–(Marketwired – Oct. 16, 2017) – Allied Properties REIT (the “REIT”) (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1275 per unit for the month of October 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on November 15, 2017, to unitholders of… [Read More]

True North Commercial Real Estate Investment Trust Announces An Increase To The Previously Announced Equity Offering To $35 Million

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TORONTO, ONTARIO–(Marketwired – Oct. 12, 2017) – NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES True North Commercial Real Estate Investment Trust (the “REIT“) (TSX:TNT.UN) is pleased to announce that, due to strong demand, it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets and Raymond James… [Read More]

True North Commercial REIT Announces Significant $106.1 Million of Urban Acquisitions Totalling 492,900 SF in Victoria, GTA, Ottawa, Halifax and Cambridge and a $25 Million Equity Offering

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TORONTO, ONTARIO–(Marketwired – Oct. 11, 2017) – NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES True North Commercial Real Estate Investment Trust (the “REIT“) (TSX:TNT.UN) is pleased to announce it has agreed to acquire the following five properties: 1. a 34,400 square foot office property located at 810 Blanshard Street, Victoria, British Columbia… [Read More]

Allied and Westbank Provide Additional Detail on Pre-lease Transaction at Duncan House in Toronto

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Thomson Reuters to Anchor Mixed-Use Project in Toronto’s Downtown West TORONTO, ONTARIO–(Marketwired – Oct. 11, 2017) – Allied Properties REIT (TSX:AP.UN) and Westbank today announced that Thomson Reuters has agreed to lease all of the office space to be developed at 19 Duncan Street in Toronto. 19 Duncan is currently comprised of 24,803 square feet… [Read More]

Urbanfund Corp. Announces Closing of the Acquisition of a 20% Interest in a 1,354 Unit Residential Portfolio Located in Dartmouth, Nova Scotia

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TORONTO, Oct. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture:UFC) (“Urbanfund” or, the “Company”), announced today that the Company, along with Westdale Construction Limited, (“Westdale”) completed the previously-announced acquisition of the 1,354 unit Highfield Park multi-family residential portfolio located in Dartmouth, Nova Scotia. A newly-incorporated corporation,… [Read More]