TORONTO, Nov. 23, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on December 15, 2021 to holders of Common Shares of record on November 30, 2021. The Company also… [Read More]
BSR REIT Advances Its Growth Strategy with the Sale of Two Properties for $147.9 Million
LITTLE ROCK, Ark. and TORONTO, Nov. 23, 2021 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) announced today it has sold Windhaven Park Apartments in Plano, TX, consisting of 474 apartment units, and The Heritage at Hillcrest Apartments in Austin, TX, consisting of 286 apartment units, for gross proceeds of $147.9 million. All dollar… [Read More]
SmartCentres Declares Distribution for November 2021
TORONTO, Nov. 23, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on December… [Read More]
Tricon Announces Plans to Deliver Over 3,000 New Build-to-Rent Homes Across 23 Communities to Satisfy Growing Demand for U.S. Housing
TORONTO, Nov. 23, 2021 /CNW/ – Tricon Residential Inc. (TSX: TCN) (NYSE: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, provided an update today on its active build-to-rent community pipeline, which has now expanded to over 3,000 rental units in 23… [Read More]
Kadestone Capital Corp. Appoints Tony Holler to Board of Directors
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, Nov. 22, 2021 /CNW/ – Kadestone Capital Corp. (“Kadestone” or the “Company“) (TSXV: KDSX) (OTCQB: KDCCF), a vertically integrated property company, is pleased to announce that it has appointed Dr. Anthony Holler to its board of directors (the “Board“), increasing… [Read More]
Nexus REIT Announces Closing of $162.6 Million Bought Deal Treasury and Secondary Equity Offering
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTRÉAL, Nov. 22, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus REIT” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public treasury and secondary offering (the “Offering”) of trust units of the REIT… [Read More]
PROREIT Announces November 2021 Distribution
MONTREAL, Nov. 19, 2021 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of November 2021 will be payable on December 15, 2021 to unitholders of record as at November 30, 2021. About PROREIT… [Read More]
Great-West Lifeco closes transaction establishing strategic relationship with Sagard Holdings
WINNIPEG, MB, Nov. 19, 2021 /CNW/ – Great-West Lifeco Inc. (“Lifeco”) today announced it has completed the previously announced sale of its Colorado-based subsidiaries, EverWest Real Estate Investors, LLC and EverWest Advisors, LLC (“EverWest”), to Sagard Holdings Inc. (“Sagard”). As part of the transaction, Lifeco has made a capital commitment of approximately US$500 million into… [Read More]
Slate Office REIT Announces a Firm Offer to Acquire C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland and Closing of C$130.0 Million Bought Deal Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announced today a Firm Offer1 to acquire an Irish entity and the closing of its previously announced public… [Read More]
Lanesborough REIT Announces a Proposed Transaction to Restructure its Convertible Debentures
WINNIPEG, MB, Nov. 18, 2021 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT“) (TSXV: LRT.UN) announces a proposed transaction to settle its $24,810,800 principal amount of outstanding 5.00% Series G redeemable subordinated secured debentures due June 30, 2022 (the “Debentures“), and all the accrued or unpaid interest owing thereon, in exchange for trust units in the… [Read More]
Morguard Real Estate Investment Trust Declares November 2021 Distribution of 2 Cents per Unit
MISSISSAUGA, ON, Nov. 18, 2021 /CNW/ – Morguard Real Estate Investment Trust (the “Trust”) (TSX: MRT.UN) today announced that it has declared a distribution of 2 cents per unit for the month of November 2021. The distribution will be payable on December 15, 2021 to unitholders of record as at November 30, 2021. About Morguard… [Read More]
Morguard North American Residential REIT Declares November 2021 Distribution of $0.0583 per Unit
MISSISSAUGA, ON, Nov. 18, 2021 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) today announced that it has declared a distribution of $0.0583 per unit for the month of November 2021. The distribution will be payable on December 15, 2021 to unitholders of record as at November 30, 2021. About… [Read More]