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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]

Urbanfund Corp. Announces Agreement in Principle to Form Joint Venture to Acquire 50% Interest in Brampton Industrial Complex

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TORONTO, Oct. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX-V:UFC) (“Urbanfund” or, the “Company”), announced today that Urbanfund has entered into a letter of intent to form a joint venture, with an arm’s length real estate investment firm, to purchase, renovate, change to condominium title and sell… [Read More]

Northview Apartment REIT Announces Timing of 2017 Third Quarter Financial Results & Webcast

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CALGARY, ALBERTA–(Marketwired – Oct. 10, 2017) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) will release its third quarter earnings after the close of the Toronto Stock Exchange, on November 7, 2017, to be followed by a webcast and conference call on November 8, 2017. Webcast Information: Date: Wednesday, November 8, 2017 Time: 10:00 a.m…. [Read More]

Urbanfund Corp. Announces Refinancing of Shopping Centre in Belleville, Ontario

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TORONTO, Oct. 06, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX-V:UFC) (the “Company”), confirmed today that the Company completed a refinancing of North Front Centre, its 72,760 square foot shopping centre located in Belleville, Ontario. The mortgage financing, provided by a large Canadian financial institution, is in the… [Read More]

Allied Properties REIT Announces Conference Call to Discuss Third-Quarter Financial Results

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TORONTO, ONTARIO–(Marketwired – Oct. 5, 2017) – Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, November 2, 2017, to discuss financial results for the quarter ended September 30, 2017. The financial results will be released on Wednesday, November 1, 2017, after the markets close…. [Read More]

Allied and RioCan to Acquire Diamond Corp.'s Interest in Commercial Component of The Well

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TORONTO, ONTARIO–(Marketwired – Oct. 5, 2017) – Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today announced that they have entered into a binding agreement to acquire Diamond Corp.’s undivided 20% interest in the office and retail components of The Well (the “Commercial Component”) for a purchase price of up to $42 million. On completion… [Read More]

OneREIT Completes Plan of Arrangement

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TORONTO, ONTARIO–(Marketwired – Oct. 4, 2017) – OneREIT (TSX:ONR.UN) announced today that it has completed its previously announced plan of arrangement (the “Plan of Arrangement“) involving, among others, OneREIT, Smart Real Estate Investment Trust (“SmartREIT“) and Strathallen Acquisitions Inc. The OneREIT units are expected to be delisted from the Toronto Stock Exchange at the close… [Read More]

BTB Announces $22 Million Bought Deal of Trust Units

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MONTREAL, QUÉBEC–(Marketwired – Oct. 2, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES BTB Real Estate Investment Trust (TSX:BTB.UN) (“BTB” or the “REIT“) announces today that it has reached an agreement with a syndicate of underwriters led by National Bank Financial Inc. and including TD Securities… [Read More]

Terra Firma Capital Corporation Announces Closing of First Mortgage Transaction in Phoenix for US$11.7 Million (CDN$14.4 Million) Marking the First Transaction With Great Gulf Group

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TORONTO, ONTARIO–(Marketwired – Sept. 28, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“) is pleased to announce the closing of a US$11.7 million (CDN$14.4 million) first mortgage loan (the “Loan”) secured by 245 lots, part of a 1,896 lot master planned community located in the Metropolitan Statistical Area (MSA) of… [Read More]

Terra Firma Capital Corporation Announces Repayment of Convertible Debentures

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All amounts are stated in Canadian dollars. TORONTO, ONTARIO–(Marketwired – Sept. 27, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, is pleased to announce that, on September 12, 2017, it repaid in cash, all outstanding convertible unsecured subordinated debentures (the “Debentures”) in aggregate principal amount… [Read More]

OneREIT Obtains Final Order for Plan of Arrangement

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TORONTO, ONTARIO–(Marketwired – Sept. 26, 2017) – OneREIT (TSX:ONR.UN) announced today that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) (the “Final Order“) with respect to OneREIT’s previously announced plan of arrangement involving, among others, OneREIT, Smart Real Estate Investment Trust and Strathallen Acquisitions Inc. (the “Transaction“). As… [Read More]