All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, is pleased to announce that the Company and GM Capital Corp. (the “Buyer”), an affiliate of Y. Dov Meyer, the executive… [Read More]
Firm Capital Apartment REIT Completes Sale of New Jersey Property for $19.5 Million
All figures in $USD unless otherwise noted. TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report that it has completed the previously announced sale of its property located in New Jersey for $19.5 million. Net of associated mortgage debt and… [Read More]
Terra Firma Capital Corporation Announces Second Quarter 2023 Financial Results
All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today announced its financial results for the three and six-month periods ended June 30, 2023. Q2 2023 Financial Highlights: Total Assets… [Read More]
Northview Residential REIT Announces Rental Relief to Residents
CALGARY, Alberta, Aug. 24, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (TSX: NRR.UN) today provided an update to residents who have evacuated Yellowknife, following the Evacuation Order that was issued on August 18, 2023 by the Government of the Northwest Territories. This continues to be a stressful time for those displaced… [Read More]
FirstService Announces Normal Course Issuer Bid
TORONTO, Aug. 24, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding common shares. The notice provides that FirstService may,… [Read More]
Timbercreek Financial Declares August 2023 Dividend
TORONTO, Aug. 23, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on September 15, 2023 to holders of Common Shares of record on August 31, 2023. The Company… [Read More]
Northview Residential REIT Announces August Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 23, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its August 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]
Halmont Properties Corporation First Six Months Results
TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that the diluted net income attributable to shareholders for the six months ended June 30, 2023, was $4.24 million as compared to $10.16 million for the six months ended June 30, 2022. (millions, except per share amount)… [Read More]
Northview Residential REIT Announces Closing of Previously Announced Recapitalization Transaction, Including the Acquisition of Three Portfolios for $742 Million
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 21, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (TSX: NHF.UN) today announced that it had completed its unitholder approved recapitalization transaction, including the acquisition of three multi-family portfolios comprising 20 properties for an aggregate… [Read More]
SmartCentres Declares Distribution for August 2023
TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of August 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on September 15, 2023 to unitholders… [Read More]
Allied Closes Sale of UDC Portfolio, Reaffirms Mission and Fortifies Balance Sheet
TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced that it has closed the sale of its UDC portfolio in Downtown Toronto (the “Portfolio”) to KDDI Canada, Inc., a wholly owned subsidiary of KDDI Corporation, for $1.35 billion. The Portfolio was comprised of freehold interests in… [Read More]
Melcor REIT announces August distribution of $0.04 per unit
EDMONTON, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the month of August 2023 unchanged from previous months. The August distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]
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