Genworth Canada Releases Winter 2015 Metropolitan Condo Outlook TORONTO, March 26, 2015 /CNW/ – The long-predicted soft landing for condominium markets in cities across Canada is in sight for 2015, with modest gains in sales and prices in most major Canadian cities, according to the latest Conference Board of Canada condo report released by Genworth Canada…. [Read More]
LeoNovus and 360 VOX Hospitality Services Inc. Announce New Agreement for the Hospitality Market
Aggressive Scale of Hotel Properties to Achieve Geo-Distribution Infrastructure for Enterprise Data while Delivering New In-Room Guest Services SUNNYVALE, Calif., March 26, 2015 /PRNewswire/ — LeoNovus® Inc. (“LeoNovus”) (TSXV: LTV), a leading Internet developer with its SMART Media Platform and distributed Cloud Services, and 360 VOX Hospitality Services Inc. (“360 VOX HSI”), a global real estate… [Read More]
Firm Capital Property Trust announces strong 2014 results
TORONTO, March 25, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated financial results for the three and twelve months ended December 31, 2014. FOURTH QUARTER AND 2014 HIGHLIGHTS Three Months Ended December 31, 2014 (“Q4/2014“) FFO and AFFO of $1.1 million and $0.9 million, which is… [Read More]
True North Commercial Real Estate Investment Trust Completes Accretive Acquisition in Fredericton
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, March 25, 2015 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) today announced that it has closed the previously announced $5.9 million acquisition of 845 Prospect Street, located in Fredericton, New Brunswick (the “Property“). The addition of the Property to… [Read More]
Firm Capital Mortgage Investment Corporation Announces Q4/2014 Results and Completion of Private Placement of Common Shares
TORONTO, March 25, 2015 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) today released its financial statements for the three and twelve months ended December 31, 2014 and announces that on March 24th it has completed a non-brokered private placement of common shares in the capital of the Corporation (“Common Shares”) for… [Read More]
RioCan REIT Announces Increase to Previously Announced Series Q Senior Unsecured Debenture Issue to $175 Million
TORONTO, ONTARIO–(Marketwired – March 25, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today that it has amended the terms of its previously announced offering of Series Q senior unsecured debentures (the “Additional Debentures”) to increase the size of the… [Read More]
RioCan REIT Announces Public Offering of an Additional $125 Million of Series Q Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – March 25, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today that it has reached an agreement to issue to the public on a bought deal basis, subject to regulatory approval, $125 million principal amount of Series… [Read More]
Slate Retail REIT Provides Update on Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust
TORONTO, March 25, 2015 /CNW/ – Slate Retail REIT (the “REIT“) (TSX:SRT.UN) provided an update today in connection with its previously announced agreement to acquire the assets of Slate U.S. Opportunity (No. 3) Realty Trust (“SUSO 3“) in a US$195 million transaction (7.3% cap rate and US$130 per square foot) (the “SUSO 3 Acquisition“). In connection… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Year End 2014 Results and Conference Call Details
TORONTO, March 25, 2015 CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) is pleased to report continued strong financial results for the year ended December 31, 2014. 2014 Highlights Net income totaled $4.6 million, up from a loss of $446,050 for 2013 (the loss was due to the different way dividends were… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $154.7 MM Equity Financing
TORONTO, ONTARIO–(Marketwired – March 25, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that it has closed its previously announced issue and sale of 5,555,000 units for $27.85 per unit for aggregate gross proceeds of $154,706,750, which… [Read More]
InterRent Announces Appointment of Brad Cutsey as President
OTTAWA, ONTARIO–(Marketwired – March 25, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) is pleased to announce the appointment of Brad Cutsey as President of the Trust effective April 6th, 2015. Mr. Cutsey is presently a managing director and… [Read More]
Tricon Capital Group Enters Into Agreement to Acquire Portfolio of Single-Family Rental Homes
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, March 24, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), an asset manager and principal investor focused on the residential real estate industry, today announced that its subsidiary, Tricon American Homes, LLC, has entered into an… [Read More]