â Provides Details on Two Asset Dispositions â TORONTO and DALLAS, Feb. 2, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has entered into an agreement to purchase Heritage on Millenia (“Heritage” or the “Property”), a 303-unit, Class A multifamily apartment community located in South… [Read More]
Holloway Lodging Corp. announces acquisition of hotel In Whitehorse, Yukon
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Feb. 2, 2015 /CNW/ – Holloway Lodging Corp. (TSX: HLC) (“Holloway”) is pleased to announce that it has acquired the Ramada® hotel located in Whitehorse, Yukon for a purchase price of $8.2 million. The purchase price implies a cap rate… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of Public Equity Offering
TORONTO, ONTARIO–(Marketwired – Feb. 2, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties REIT (TSX:AP.UN) announced today that it has closed its previously announced offering of 2,213,750 units from treasury (inclusive of 288,750 units issued pursuant to the exercise in full of the… [Read More]
Choice Properties Real Estate Investment Trust Completes Acquisition of Warehouse Property and Provides Update on Recent Property Transactions
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 2, 2015 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) provided today an update on recent property transactions, including the closing of the previously announced acquisition of a warehouse property in Pickering,… [Read More]
Calloway Real Estate Investment Trust Announces $160 Million Series N Senior Unsecured Debenture Issue
TORONTO, ONTARIO–(Marketwired – Jan. 30, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITES STATES WIRE SERVICES Calloway Real Estate Investment Trust (TSX:CWT) (“Calloway”), announced today that it has agreed to issue $160 million principal amount of Series N senior unsecured debentures on a bought deal basis. These debentures will carry a… [Read More]
Crombie REIT Q4 fiscal 2014 conference call
STELLARTON, NS, Jan. 30, 2015 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) will hold a conference call on Thursday, February 26, 2015, beginning at 12:30 p.m. (E.S.T.) during which senior management will discuss the REIT’s financial results for the fourth quarter and year ended December 31, 2014. Dial in numbers to join the… [Read More]
Cominar Real Estate Investment Trust announces closing of previously-announced public offering of trust units
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ QUÃBEC CITY, Jan. 30, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today that it has closed its previously-announced public offering of 7,901,650 trust units (the “Units”) at a price of $19.65 per Unit to a syndicate… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of Credit Facility
TORONTO, ONTARIO–(Marketwired – Jan. 29, 2015) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that it has closed a $200,000,000 unsecured revolving credit facility with a Canadian chartered bank for a term of three years to replace Allied’s current $100,000,000 secured credit facility. The credit facility also contains a feature that would allow Allied to… [Read More]
Starlight U.S. Multi-Family Core Fund and Starlight U.S. Multi-Family (No. 3) Core Fund to acquire apartment complex in rapidly growing Charlotte, North Carolina submarket
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Jan. 29, 2015 /CNW/ – Starlight U.S. Multi-Family (No. 1) Core Fund (TSX.V: UMF.A, UMF.U) (“Fund No. 1“) and Starlight U.S. Multi-Family (No. 3) Core Fund (TSX.V: SUS.A, SUS.U) (“Fund No. 3“) announced today that they have entered into an… [Read More]
InterRent Announces $32.4 Million Acquisition in Montreal, Quebec
OTTAWA, ONTARIO–(Marketwired – Jan. 29, 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”) announced today that it has entered into an agreement to purchase a 280 suite high-rise building ideally situated in Côte Saint-Luc on the Island of Montreal,… [Read More]
NorthWest International Healthcare Properties REIT Announces Completion of Management Internalization
TORONTO, Jan. 29, 2015 /CNW/ – NorthWest International Healthcare Properties Real Estate Investment Trust (TSXV: MOB.UN) (the “REIT“) announced today that it has completed the previously announced transaction with NorthWest Value Partners Inc. (“NWVP“) to internalize the external management of the REIT (the “Internalization“) effective January 1, 2015. The Internalization resulted in the REIT internalizing the asset management,… [Read More]
Temple Hotels Inc. Announces Normal Course Issuer Bids for Common Shares and Debentures
WINNIPEG, Jan. 29, 2015 /CNW/ – Temple Hotels Inc. (“Temple“) (TSX: TPH) today announced that is has received approval from the Toronto Stock Exchange (“TSX“) with respect to a normal course issuer bids (the “NCIBs“) to purchase: (a) up to 3,002,833 common shares (“Common Shares“) (TPH); (b) up to $2,296,500 aggregate principal amount of Series… [Read More]