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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]

Report on Second Distribution Related to Investment in One Bloor East

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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 has received its second distribution, in the amount of $1,500,000, relating to a return on investment in the One Bloor East real estate project (the “Project”). In September… [Read More]

InterRent Announces November 2017 Distributions

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Nov. 20, 2017 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that its distribution declared for the month of November 2017 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized… [Read More]

Terra Firma Capital Corporation Announces Renewal of Normal Course Issuer Bid

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TORONTO, ONTARIO–(Marketwired – Nov. 14, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, announced today approval by the TSX Venture Exchange (the “TSX-V“) of the Company’s renewal of its Normal Course Issuer Bid (“NCIB”) which expired on November 3, 2017 (the “Prior NCIB“). Pursuant to… [Read More]