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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]

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]