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Devmont Caters to the Needs of Montreal Residents by Donating Nearly $1M to the MultiCaf Community Cafeteria

May 12, 2022 By Business Wire

 

MONTREAL–(BUSINESS WIRE)–Devmont, a Montreal-based real estate development company, is proud to announce a significant donation of $150,000 to the MultiCaf Community Cafeteria for the year 2021. Devmont has been a MultiCaf partner since 2011 and to date has donated nearly $1M in support of the community organization’s mission in Montreal’s Côte-des-Neiges neighbourhood.


“We are thrilled to see that our donations and those of our partners are truly making a difference in our community,” says Sam Scalia, President of Devmont. “MultiCaf’s mission is one which we hold near and dear to our hearts, and knowing we are supporting its survival for many years truly brings us pride.”

The MultiCaf Community Cafeteria offers affordable meals and several food services to more than 3,000 civic addresses in the Côte-des-Neiges and Snowdon boroughs of Montreal. More than 7,000 low-income residents benefit from its healthy food services. MultiCaf’s goal is to further reduce the need for its services in the area. Thanks to Devmont’s donations, the organization was able to, among other things, expand its kitchen and upgrade its facilities in 2018, allowing it to serve more meals to those in need.

“Thanks to the significant funds granted by Devmont and its partners over the past few years, we have been able to help an extraordinary number of people by providing them with healthy food options and many other support resources,” says Jean-Sébastien Patrice, Executive Director of MultiCaf. “The pandemic and its effects severely impacted our community and our organization throughout 2020. This year, without the financial support of Devmont and its partners, we would have had to close our doors and cease operations. It is quite reassuring to have the support of responsible companies that care about the well-being of our communities, as it allows us to carry out our mission.”

Many of Devmont’s partners also rallied behind the cause, including Ventilation Volmair Inc, Portes & Fenêtres A.D.G., Entreprises électriques Grufil Inc, Plomberie Jacques Thibault & Fils Inc, Bau-Québec Ltée, Acier d’armature Vimada Inc, Forma Formwork, Carrelage Casco Inc, Systèmes Stekar Inc, B.S.G. Inc, Barwood Pilon Hardwood Floors, Béton Hi-Tech, Ébénisterie Hi-Teck Inc, Ramp-Art, Surface Imports, Ruel & Frère Ltée, DPE Ltée Contractors, Ritcher S.E.N.C.R.L./LLP, Urgo Hotels Canada, Crochetière, Petrin, Finition de béton Camitec Inc, Samcon, Proment, Supermarchés PA, Leroux Cote Burrogano, Peintures Filmar Inc, Lexcial Law Firm, Cathy Monticciolo and Frank Cianci.

About Devmont

Founded in 1999 by brothers Sam and Joseph Scalia, Devmont is a leader in the design, development and construction of residential properties, commercial properties and mixed-use developments, renowned for their design and architectural style, as well as creating thriving neighbourhoods. For more information, visit devmont.ca.

About MultiCaf

The MultiCaf Community Cafeteria’s mission is to provide food assistance to low-income residents of the Côte-des-Neiges and Snowdon boroughs of Montreal, in addition to offering various social intervention services, activities and workshops. MultiCaf has been embedded in the community for over 30 years and has a strong knowledge of the needs of the neighbourhood population and continues to build strong ties with its members. To learn more, visit multicaf.org.

Contacts

Tia Giannone

Tia@torchiacom.com
514-999-1732

Torchia Communications

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2022

May 12, 2022 By Globenewswire Tagged With: TSX:SRU.UN

Substantive improvement in retail leasing momentum across the portfolio with growth from both existing and new tenants; FFO per Unit(1) for Q1 2022 increased by $0.02 or 4.1% as compared to the same period in 2021; Progress in zoning approvals on strategic projects, together with improved market conditions, contributed to $237.7 million in incremental property… [Read More]

MARWEST APARTMENT REIT ANNOUNCES Q1 2022 RESULTS

May 11, 2022 By NewsWire Tagged With: TSX VENTURE:MAR.P, TSX VENTURE:MAR.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, May 11, 2022 /CNW/ – Marwest Apartment Real Estate Investment Trust (“Marwest Apartment REIT” or the “REIT”) (TSXV: MAR.UN) reported financial results for the three months ended March 31, 2022.  This press release should be read in conjunction… [Read More]

PROREIT ANNOUNCES FIRST QUARTER 2022 RESULTS

May 11, 2022 By NewsWire Tagged With: TSX:PRV.UN

Fair value gains on investment properties of $40.3 million in Q1 2022 $1.03 billion in total assets at March 31, 2022 Property revenue up 39.9% in Q1 2022 compared to Q1 2021 Net operating income1 up 39.5% in Q1 2022 compared to Q1 2021 Net income and comprehensive income up $44.9 million in Q1 2022… [Read More]

Summit Industrial Income REIT Announces Results of Voting at Annual Unitholders’ Meeting and Board of Trustee Changes

May 11, 2022 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, May 11, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today announced the results of the votes held at its May 11, 2022 annual unitholders’ meeting (the “Meeting”). Each of the five nominee Trustees listed in the REIT’s Management Information Circular dated March 15, 2022 was elected as a… [Read More]

AMERICAN HOTEL INCOME PROPERTIES REIT LP REPORTS VOTING RESULTS OF ANNUAL AND SPECIAL MEETING

May 11, 2022 By NewsWire Tagged With: TSX:HOT.U, TSX:HOT.UN

VANCOUVER, BC, May 11, 2022 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces that at its annual and special meeting of unitholders (“the Meeting”), held earlier today, all directors nominated as listed in the information circular dated April 8, 2022 were elected as directors of American Hotel Income Properties REIT (GP) Inc. for the ensuing year. As a ballot was not required, the number of votes disclosed in the below table reflects… [Read More]

Invesque Inc. Continues Streamlining of Portfolio and Reports First Quarter 2022 Results

May 11, 2022 By NewsWire Tagged With: TSX:IVQ, TSX:IVQ.U

TORONTO, May 11, 2022 /CNW/ – Invesque Inc. (TSX: IVQ.U and IVQ) (the “Company”) today announced its results for the three-month period ending March 31, 2022. First Quarter 2022 and Subsequent Highlights Effective January 1, 2022, the Company repaid US$10.0M to the Municipal Capital Appreciation Partners (“MCAP”) preferred equity holders. The paydown reflects the Company’s… [Read More]

BSR Real Estate Investment Trust Announces Results Of Voting At Annual And Special Meeting Of Unitholders

May 11, 2022 By NewsWire Tagged With: TSX:HOM.U, TSX:HOM.UN

LITTLE ROCK, Ark. and TORONTO, May 11, 2022 /CNW/ – BSR Real Estate Investment Trust (the “REIT“) (TSX: HOM.U) (TSX: HOM.UN) announced today the results of voting at its virtual annual and special meeting of unitholders held on May 11, 2022 (the “Meeting“). All of the nominees listed in the management information circular prepared in… [Read More]

Crombie REIT Announces First Quarter 2022 Results

May 11, 2022 By NewsWire Tagged With: TSX:CRR.UN

“First six” major developments complete as Bronte Village achieves substantial completion NEW GLASGOW, NS, May 11, 2022 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced results for its first quarter ended March 31, 2022. Management will host a conference call to discuss the results at 12:00 p.m. (EDT), May 12, 2022. “Crombie’s… [Read More]

CT Real Estate Investment Trust Announces Election of Trustees

May 11, 2022 By NewsWire Tagged With: TSX:CRT.UN

TORONTO, May 11, 2022 /CNW/ – CT Real Estate Investment Trust (the “Trust”) (TSX: CRT.UN) announced today that each of the eight trustee nominees listed in the Trust’s Management Information Circular dated March 15, 2022 were elected as trustees of the Trust at its Annual Meeting of Unitholders (the “Meeting”) held on May 10, 2022. The… [Read More]

MCAN FINANCIAL GROUP ANNOUNCES FINAL VOTING RESULTS

May 11, 2022 By NewsWire Tagged With: TSX:MKP

TORONTO, May 11, 2022 /CNW/ – MCAN Mortgage Corporation d/b/a MCAN Financial Group (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2022 Annual and Special Meeting of Shareholders held on May 10, 2022. By a vote by ballot, the director nominees listed in the table below were all elected as… [Read More]

SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in Sacramento

May 11, 2022 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully-integrated self storage company, today announced the acquisition of a self storage facility in Sacramento, CA. This is SmartStop’s 30th owned or managed location in California and 168th in North America.

The facility is located at 3970 Pell Circle, Sacramento, CA, with visibility from I-80, and serves the communities of Oak Knoll, Johnson Heights, Strawberry Manor, Northpointe, Del Paso Heights and Village Green. The property’s 860 storage units encompass approximately 79,800 square feet and are 100% climate controlled. The facility also offers over 60 spaces for Boat and RV storage. Additionally, the property offers amenities including multiple drive-in loading areas, state-of-the-art security systems, keypad access and large truck accessibility.

“This asset is located in a densely populated submarket within the Sacramento Metropolitan Area,” said Wayne Johnson, President & Chief Investment Officer of SmartStop. “The facility is user friendly, composed entirely of first floor, climate controlled units. As our third asset in the Sacramento market, this high quality property is a great addition to the SmartStop portfolio.”

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop is a self-managed REIT with a fully integrated operations team of approximately 420 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of May 10, 2022, SmartStop has an owned or managed portfolio of 168 properties in 22 states and Ontario, Canada and comprising approximately 114,700 units and 13.0 million rentable square feet. SmartStop and its affiliates own or manage 19 operating self storage properties in the Greater Toronto Area, which total approximately 16,200 units and 1.7 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

949-542-3331

IR@smartstop.com

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