EDMONTON, ALBERTA–(Marketwired – Aug. 11, 2015) – Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended June 30, 2015. Revenue for the quarter was $46.11 million compared to $66.06 million in Q2-2014. Year-to-date revenue decreased to $83.67 million from $98.07 million. Growth in size… [Read More]
American Hotel Income Properties REIT LP Announces Closing of Cdn$38.6 Million Bought Deal
“Strategic Rail Initiative Continues” /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, Aug. 11, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the closing of its previously announced public offering (the “Offering“) of 3,800,000 limited partnership units (each a “Unit“),… [Read More]
AGELLAN COMMERCIAL REAL ESTATE INVESTMENT TRUST Releases Second Quarter 2015 Results and Announces Intention to Commence a Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 10, 2015 /CNW/ – AGELLAN COMMERCIAL REAL ESTATE INVESTMENT TRUST (the “REIT”) (TSX:ACR.UN) is pleased to report its financial results for the three and six month periods ended June 30, 2015. All dollar amounts (except per Unit amounts)… [Read More]
Pure Multi-Family REIT LP Announces Closing of Previously Announced Property for US$67.5 Million
VANCOUVER, Aug. 10, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) announces the successful closing of the Amalfi Stonebriar, a multi-family apartment community (“Amalfi”) in Dallas, Texas for a purchase price of US$67,500,000. Amalfi was constructed in 2014 and consists of 395 brand new luxury residential units averaging 811… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Second Quarter 2015 Results and Conference Call Details
TORONTO, Aug. 10, 2015 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) is pleased to report continued strong financial results for the quarter ended June 30, 2015. Financial Highlights For the three months ended June 30th Income from operations totaled $1.4 million, a decrease from $1.6 million in Q2 of 2014 Net… [Read More]
Second Quarter of 2015 – Growth driven from contributions of recent accretive acquisitions
MONTRÃAL, Aug. 10, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) releases today its financial results for the second quarter ended June 30, 2015, and announces the following highlights: HIGHLIGHTS OF THE SECOND QUARTER 2015 Recurring FFO distribution ratio at 81.8% Recurring AFFO distribution ratio at 87.5% Mortgage… [Read More]
Dream Hard Asset Alternatives Trust Reports Q2 2015 Results and Growth in Adjusted Funds Available for Distribution (AFAD) Per Unit
TORONTO, ONTARIO–(Marketwired – Aug. 10, 2015) – This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM HARD ASSET ALTERNATIVES TRUST (TSX:DRA.UN) (“Dream Alternatives” or the “Trust”) today reported its financial results for the three… [Read More]
CAPREIT Reports Continued Strong Growth in Second Quarter 2015
TORONTO, ONTARIO–(Marketwired – Aug. 10, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today strong operating and financial results for the three and six months ended June 30, 2015. Three Months Ended Six Months Ended June 30 June 30 2015 2014 2015 2014 Operating Revenues (000s) $ 130,256 $ 125,411 $… [Read More]
Firm Capital Mortgage Investment Corporation Announces Q2/2015 Results
TSX Symbol FC TORONTO, Aug. 10, 2015 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) today released its financial statements for the three and six months ended June 30, 2015. PROFIT & RETURN ON EQUITYIncome and profit (“Profit”) for the three months ended June 30, 2015 remained relatively consistent at $4,800,434 compared to… [Read More]
Milestone Apartments REIT Reports 2015 Second Quarter Results
– Total and samestore NOI growth of 27.1% and 5.2% driven by total and samestore rent increases of 10.6% and 5.7%, strong occupancy, improved margins and consistent portfolio expansion – TORONTO / DALLAS, Aug. 10, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced its financial results for… [Read More]
Reminder Notice: NorthWest Healthcare Properties REIT Announces Timing of Second Quarter 2015 Results and Conference Call
TORONTO, Aug. 10, 2015 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) will issue its financial results for the period ending June 30, 2015 on Wednesday, August 12, 2015. A conference call and live audio webcast hosted by Paul Dalla Lana, Chief Executive Officer and the REIT’s management team will… [Read More]
Plaza Retail REIT Reports Strong Results for the Six Months Ended June 30, 2015
– Revenue growth, normalized administrative expenses and lower interest expense drive FFO and AFFO per unit growth of 9.2% and 6.4%, respectively – FREDERICTON, Aug. 10, 2015 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced strong financial results for the six months ended June 30, 2015. Michael Zakuta, President and… [Read More]