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]
Brampton Brick Reports Results for the Fourth Quarter and Year Ended December 31, 2014
BRAMPTON, ONTARIO–(Marketwired – March 24, 2015) – (All amounts are stated in thousands of Canadian dollars, except per share amounts.) Brampton Brick Limited (TSX:BBL.A) today reported net loss of $13,961, or $1.28 per Class A Subordinate Voting share and Class B Multiple Voting share, outstanding for the year ended December 31, 2014 compared to net… [Read More]
Genesis Announces 2014 Year-End Results Conference Call
CALGARY, March 23, 2015 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) expects to release its 2014 year-end results on Thursday, March 26, 2015 after the TSX market close. Management will host a conference call to discuss the Corporation’s 2014 results at 7:00 a.m. MDT (9:00 a.m. EDT) on Friday, March 27,… [Read More]
2014 – Emphasis on creating value: increase of the market capitalization by close to 30%
MONTRÃAL, March 23, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) releases today its financial results for the fourth quarter and year ended December 31, 2014, and announces the following highlights: HIGHLIGHTS FOR THE YEAR (2014 VS 2013) Increase of rental income by 5.9% and of net operating… [Read More]
Starlight U.S. Multi-Family (No. 2) Core Fund Continues Exceptional Performance with Year End Results
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 23, 2015 /CNW/ – Starlight U.S. Multi-Family (No. 2) Core Fund (TSX.V: SUD.A, SUD.U) (the “Fund“) today announced its results of operations and financial condition for the three months ended December 31, 2014 (the “Fourth Quarter“) and for the year ended… [Read More]