/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MONTREAL, Dec. 22, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) is pleased to announce today that is has closed the over-allotment option from its previously announced bought deal public offering of $25,000,000 aggregate principal amount… [Read More]
American Hotel Income Properties REIT LP announces the acquisition of its 80th income property – a 133-room rail crew hotel located in Lincoln, Nebraska
VANCOUVER, Dec. 22, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the acquisition of its 80th income property â a 133-room hotel located in Lincoln, Nebraska (the “Lincoln Property“). The Lincoln Property features a rail crew lodging contract with a large national U.S. railway and is being… [Read More]
BTB announces the sale of two commercial properties
MONTRÃAL, Dec. 21, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announces the sale of two commercial properties located at 2212-2226 Dollard Street in Montreal and 2004-2016 René-Laennec Blvd. in Laval in the province of Québec for total proceeds of $6.125 million. The net proceeds of approximately $2 million will be used by… [Read More]
Inovalis Real Estate Investment Trust Announces December 2015 Distribution
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 21, 2015 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT’s monthly cash distribution of CDN$0.06875 per unit for the period from December 1, 2015 to December… [Read More]
H&R REIT Upsizes its Credit Facilities by $300 Million and Together with its Partners Secure U.S.$640 Million Construction Financing for the Long Island City Residential Project
TORONTO, Dec. 21, 2015 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT“) (TSX: HR.UN; HR.DB.D; HR.DB.E; HR.DB.H) announced today that it has entered into a new senior unsecured revolving credit facility for $500 million with a syndicate of lenders led by Canadian Imperial Bank of Commerce, and including Bank of Montreal and The Toronto-Dominion Bank,… [Read More]
Urbanfund Corp. Declares Dividend
TORONTO, ONTARIO–(Marketwired – Dec. 20, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company”), announces that the board of directors of the Company has declared a dividend of $0.00125 per common share and $0.00125… [Read More]
American Hotel Income Properties REIT LP Announces December 2015 Cash Distribution
VANCOUVER, Dec. 18, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit (“Unit“) for the period of December 1, 2015 to December 31, 2015, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be… [Read More]
InnVest Real Estate Investment Trust Announces Monthly Distribution
TORONTO, Dec. 18, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on January 15, 2016, has been declared to the holders of record as at the close of business December 31, 2015. InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible unitholders… [Read More]
Nobel REIT announces December distribution
MONTREAL, Dec. 18, 2015 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT“) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2015. The distribution will be payable on January 15, 2016 to unitholders of record as at December 31, 2015 … [Read More]
SmartREIT Declares Distribution for December 2015
TORONTO, ONTARIO–(Marketwired – Dec. 18, 2015) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced that the trustees of SmartREIT have declared a distribution for the month of December 2015 of CDN $0.1375 per trust unit, representing CDN $1.65 per unit on an annualized basis. Payment will be made on January 15, 2016 to unitholders of… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces December 2015 Dividend and Adoption of Advance Notice By-law
TORONTO, Dec. 18, 2015 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) announced today that its board of directors has declared a monthly dividend of $0.0485 per Class A share of the Company. The dividend will be paid on January 15, 2016 to holders of Class A shares of record on December… [Read More]
RioCan Real Estate Investment Trust Announces Results of its Strategic Review of the Trust's U.S. Operations
Reaches Agreement to Sell its U.S. Shopping Centre Portfolio to Blackstone TORONTO, ONTARIO–(Marketwired – Dec. 18, 2015) – HIGHLIGHTS: RioCan has agreed to sell its U.S. portfolio of 49 retail properties located in the Northeastern U.S. and Texas at a total sale price of US$1.9 billion or C$2.7 billion (based on the noon exchange rate… [Read More]