MISSISSAUGA, ON, Sept. 16, 2022 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Morguard of its intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Morguard may,… [Read More]
Killam Apartment REIT Announces September 2022 Distribution
HALIFAX, NS, Sept. 16, 2022 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its September 2022 monthly distribution. The distribution of $0.05833 per unit will be paid on October 17, 2022, to unitholders of record on September 29, 2022. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may… [Read More]
The Real Brokerage Appoints Dre Madden Chief Marketing Officer
Multi-faceted Marketer to Grow Real Estate Technology Brand
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSX: REAX), an international, technology-powered real estate brokerage, today announced that Dre Madden will join its executive team as Chief Marketing Officer.
Madden will be responsible for driving brand awareness, increasing corporate visibility and implementing a strategic roadmap to scale the company’s agent base. As a proven growth marketer, she will help expand Real’s national and international footprint and increase demand generation through corporate events, field marketing and content strategy. Additionally, as Chief Marketing Officer, she will be instrumental in showcasing the company’s industry-leading technology and launching future innovations in the marketplace.
“I began my career in the startup space, so I could see right away that what CEO Tamir Poleg and the team have built is special,” said Real Chief Marketing Officer Dre Madden. “The company’s technology platform, competitive agent offerings and strong collaborative culture puts Real in an optimal position to take its marketing to the next level.”
Madden is a multi-faceted marketing leader with more than 20 years of digital and brand experience. In addition to building growth-driven functions at StubHub, OpenTable and Rodan + Fields, Madden most recently served as Chief Marketing Officer for luxury-focused, technology-driven startups in Silicon Valley. She holds a master’s degree in business administration with a marketing concentration from Santa Clara University and a bachelor’s degree with high honors from the University of California at Santa Barbara.
“We’re excited to have Dre join our executive team and look forward to partnering with her to grow our brand,” said Chairman and Chief Executive Officer Tamir Poleg. “Her skills and experience align perfectly with where we are as an organization, and her insights will be invaluable as we continue to grow.”
About Real
The Real Brokerage Inc. (NASDAQ: REAX) (TSX: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for homebuyers and sellers. The company was founded in 2014 and serves 44 states, D.C., and two Canadian provinces with over 6,000 agents. Additional information can be found on its website at www.onereal.com.
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s second quarter earnings call, the release of the second quarter financial results and the business and strategic plans of Real.
Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Contacts
For additional information:
Elisabeth Warrick
Director, Communications
elisabeth@therealbrokerage.com
201.564.4221
Investors, for more information:
Jason Lee
Vice President, Capital Markets & Investor Relations
investors@therealbrokerage.com
908.280.2515
Arctic Glacier Premium Ice Announces Opening of New Production Facility in Quebec
MONTREAL & WINNIPEG, Manitoba–(BUSINESS WIRE)–#BringingMoretotheParty—Arctic Glacier, LLC, a leading provider of premium ice products and related services, announces the grand opening of a state-of-the-art, high-capacity production facility in Dorval, QC. As Canada’s leading manufacturer of packaged ice, the new production facility represents a $5.3 million (CAD) investment and enables the ice company to expand service throughout the province of Quebec and eastern Ontario.
“We are very excited to open our newest facility in Quebec and honored to continue our legacy of supporting the province’s businesses. Investments in innovation is foundational to Arctic Glacier and is just one of the ways we continuously create value for our customers, our employees, and the communities where we operate,” said Richard Wyckoff, President, and CEO of Arctic Glacier.
The ice company has deep, long-standing partnerships with hundreds of Quebec locally owned and family operated businesses. “We selected Dorval for our new facility to maximize our service throughout the province and to advantageously nurture our partnerships with the province’s locally owned distributors and ice companies,” said Jeremy Spencer, Regional President of Arctic Glacier for Canada.
Arctic Glacier’s new Dorval facility will double the ice company’s previous facility’s production capacity and increase their storage capacity by 500%. During peak season, the new facility will employee 40 people and offer additional employment and business opportunities throughout the province. The new, fully automated facility came online in July and is currently scaling up to full capacity.
ABOUT ARCTIC GLACIER
Arctic Glacier is a North American provider of premium ice products and services. For over 140 years the company has been Bringing More to the Party!™ by perfecting the ice making and DSD (delivery) process to provide the purest, most high-quality ice products. Annually, the company produces and delivers over 2.5 billion pounds of premium ice to supermarkets, mass merchants, c-stores, dollar stores, gas stations, liquors stores, as well as many other commercial and industrial businesses. From its headquarters in Philadelphia, PA and 52 production facilities and 60 warehouses and distribution centers across the United States and Canada, Arctic Glacier services over 75,000 customers.
Learn how Arctic Glacier is Bringing More to the Party!TM at arcticglacier.com.
Contacts
Media:
Natalie Fischer, VP Marketing
Arctic Glacier, LLC
nfischer@arcticglacier.com
470-530-0805
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of September, 2022
Not for distribution to U.S. News Wire Services or dissemination in the United States.
TORONTO–(BUSINESS WIRE)–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of September, 2022 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on October 17, 2022 to Unitholders of record at the close of business on September 30, 2022.
About Choice Properties Real Estate Investment Trust
Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.
We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.
For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.
Contacts
Mario Barrafato
Chief Financial Officer
Choice Properties REIT
(416) 628-7872
Mario.Barrafato@choicereit.ca
Slate Grocery REIT Announces Distribution for the Month of September 2022
TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of September 2022 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.
Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.
Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.
If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.
Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on October 17, 2022 to unitholders of record as of the close of business on September 30, 2022.
About Slate Grocery REIT (TSX: SGR.U / SGR.UN)
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.
About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.
Forward-Looking Statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans,” “expects,” “does not expect,” “scheduled,” “estimates,” “intends,” “anticipates,” “does not anticipate,” “projects,” “believes,” or variations of such words and phrases or statements to the effect that certain actions, events or results “may,” “will,” “could,” “would,” “might,” “occur,” “be achieved,” or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.
SGR-Dist
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
Slate Office REIT Announces Distribution for the Month of September 2022
TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Board of Trustees has declared a distribution for the month of September 2022 of C$0.0333 per trust unit of the REIT, representing $0.40 per unit of the REIT on an annualized basis.
The distribution will be payable on October 17, 2022 to unitholders of record as of the close of business on September 30, 2022.
About Slate Office REIT (TSX: SOT.UN)
Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. A majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.
About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.
Forward-Looking Statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.
SOT-Dist
Contacts
Investor Relations
+1 416 644 4264
ir@slateam.com
MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB , Sept. 15, 2022 /CNW/ – Marwest Apartment Real Estate Investment Trust (“Marwest Apartment REIT” or the “REIT”) (TSXV: MAR.UN) announced that its Trustees have declared a monthly cash distribution of $0.00125 per trust unit (“Trust Unit”) of the… [Read More]
Summit Industrial Income REIT Announces September 2022 Cash Distribution
TORONTO, Sept. 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on October 14, 2022, to Unitholders of record on September 30, 2022. About Summit Industrial Income REIT Summit Industrial Income REIT is an unincorporated open-ended trust focused… [Read More]
ERES REIT Declares September 2022 Monthly Distribution
TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the September 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “September Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
Northview Fund Announces September Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Sept. 15, 2022 (GLOBE NEWSWIRE) — Northview Fund (the “Fund”) today announced its September 2022 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on October 17,… [Read More]
CAPREIT Announces September 2022 Distribution
TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its September 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The September distribution will be payable on October 17, 2022 to Unitholders of record on September 30,… [Read More]
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