TORONTO, ONTARIO–(Marketwired – Sept. 25, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into an agreement to acquire 70 The Esplanade in Toronto (the “Property”) for $17 million. “The property is immediately adjacent to 56 The Esplanade, which we acquired in June,” said Michael Emory, President and… [Read More]
Allied and Westbank Announce Decision to Proceed with Mixed-Use Development in Downtown Toronto
TORONTO, ONTARIO–(Marketwired – Sept. 21, 2017) – Allied Properties REIT (TSX:AP.UN) and Westbank today announced plans to proceed with the development of 19 Duncan Street in Toronto (the “Property”). Allied and Westbank have pre-leased the office space in the development, but will not lease the rental-residential space until construction is completed, which is scheduled for… [Read More]
Brookfield Residential 2017 Third Quarter Results Conference Call Notice and Corporate Update
CALGARY, ALBERTA–(Marketwired – Sept. 21, 2017) – Brookfield Residential Properties Inc. (“Brookfield Residential” or the “Company”) today announced its 2017 third quarter results conference call notice and corporate update. Third Quarter Results Conference Call Brookfield Residential announced that its 2017 third quarter results will be released after market closes on Thursday, October 26, 2017. The… [Read More]
OneREIT Announces Exchange Ratio for Plan of Arrangement
TORONTO, ONTARIO–(Marketwired – Sept. 20, 2017) – OneREIT (TSX:ONR.UN) announced today the exchange ratio with respect to OneREIT’s previously announced plan of arrangement involving, among others, OneREIT, Smart Real Estate Investment Trust (“SmartREIT“) and Strathallen Acquisitions Inc. (the “Transaction“). As previously disclosed, as consideration for each OneREIT unit redeemed in connection with the Transaction, OneREIT… [Read More]
InterRent Announces September 2017 Distributions
OTTAWA, ONTARIO–(Marketwired – Sept. 19, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent“) announced today that its distribution declared for the month of August 2017 is $0.02025 per Trust unit, equal to $0.243 per Trust unit on an annualized… [Read More]
Northview Apartment REIT Announces September 2017 Distribution
CALGARY, ALBERTA–(Marketwired – Sept. 15, 2017) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its September 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on October 16, 2017 to holders of trust units of record at September 29, 2017. As at the date hereof, there are 49,952,198 trust units (NVU.UN)… [Read More]
European Commercial Real Estate Investment Trust Announces Implementation of Distribution Reinvestment Plan
TORONTO, ONTARIO–(Marketwired – Sept. 15, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES European Commercial Real Estate Investment Trust (“EC-REIT”) (TSX VENTURE:ERE.UN) announced today the implementation of a distribution reinvestment plan (“DRIP”) effective as of September 14, 2017, which allows holders (“Unitholders”) of trust units of… [Read More]
American Hotel Income Properties REIT LP Provides Update on Impact of Hurricane Irma
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 12, 2017) – American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(TSX:HOT.DB.U)(OTCQX:AHOTF) and hotel manager, ONE Lodging Management, Inc. (“ONE Lodging Management“) have completed a preliminary review of AHIP’s properties in Florida and Southern Georgia following the onset of Hurricane Irma and found the damage to be minimal. Of the 14… [Read More]
American Hotel Income Properties REIT LP Update on Hurricane Irma
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 8, 2017) – American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(TSX:HOT.DB.U)(OTCQX:AHOTF) and hotel manager, ONE Lodging Management are taking all precautions to prepare for the onset of Hurricane Irma in Florida and Southern Georgia. All hotel teams have completed their emergency preparedness checklists and are prepared to operate through the… [Read More]
Terra Firma Capital Corporation Announces Closing of First Mortgage Transaction in Atlanta for $CDN 4.9 Million
TORONTO, ONTARIO–(Marketwired – Sept. 7, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“) is pleased to announce the closing of a $CDN 4.9 million first mortgage loan (the “Loan”) secured by development land located in Atlanta, Georgia. The Loan closed and was fully funded on September 5, 2017 through a… [Read More]
InterRent Announces $53.75 Million Acquisition in Montreal and $11.25 Million Acquisition in Hamilton
OTTAWA, ONTARIO–(Marketwired – Sept. 5, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located at 2121 and 2255 rue Saint Mathieu in Montreal,… [Read More]
Allied Properties Real Estate Investment Trust Announces August 2017 Distribution
TORONTO, ONTARIO–(Marketwired – Aug. 23, 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 August 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on September 15, 2017, to unitholders of… [Read More]
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