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Dream Industrial REIT Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (DIR.UN – TSX) will be releasing its financial results for the quarter ended December 31, 2021, on Tuesday, February 15, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

Date:

 

Wednesday, February 16, 2022 at 11:00 a.m. (ET)

Dial:

 

For Canada please dial: 1-888-465-5079

 

 

For International please dial: 416-216-4169

Passcode:

 

7492 345#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section.

Webcast:

To access the conference call via webcast, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 221 industrial assets (326 buildings) comprising approximately 39.8 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT
Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

Dream Impact Trust Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream MPCT” or the “Trust”) will be releasing its financial results for the quarter ended December 31, 2021, on Monday, February 14, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

Date: Tuesday, February 15, 2022 at 1:00 p.m. (ET)
Dial: For Canada please dial: 1-888-465-5079
For International please dial: 416-216-4169
Passcode: 6678 364#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Impact Trust’s website at www.dreamimpacttrust.ca and click on Calendar of Events in the News and Events section.

Webcast:

To access the conference call via webcast, please go to Dream Impact Trust’s website at www.dreamimpacttrust.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.

Dream Impact is an open-ended trust dedicated to impact investing. Impact investing is the intention of creating measurable positive, social, and environmental change in our communities and for our stakeholders, while generating attractive market returns. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of the Trust are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; balance growth and stability of the portfolio, increasing cash flow, unitholders’ equity and NAV over time; leverage access to an experienced management team and strong partnerships in order to generate attractive returns for investors; provide investors with a portfolio of high-quality real estate development opportunities, concentrated in core geographic markets; and to provide predictable cash distributions to unitholders on a tax-efficient basis. For more information, please visit: www.dreamimpacttrust.ca.

Contacts

For further information, please contact:

DREAM IMPACT TRUST


Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

CAPREIT Expands Presence in Strong British Columbia Market

January 25, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a six-storey 59-suite apartment and townhouse property located in downtown Kelowna, British Columbia. The property, completed in the spring of 2021, was acquired for $29.5 million, funded by CAPREIT’s Acquisition… [Read More]

Soaring High Above the Clouds “Concord Sky” is One of Canada’s Tallest Structures at 299 m

January 25, 2022 By NewsWire Tagged With: TSX:CPN

Geared for the Future, Concord Pacific Brings the Next Generation of Healthy Living and Sustainable Condos to Downtown Toronto #ConcordSky Access images, videos and related documents here. TORONTO, Jan. 25, 2022 /CNW/ – Live in the sky. Concord Pacific / Adex brings form and function to fresh altitudes with its newest property, Concord Sky, an… [Read More]

Leisure Travel Demand Fuels Continued Brand Growth for Hyatt, Including Apple Leisure Group, in the Americas

January 25, 2022 By Business Wire

By 2023, Hyatt is expected to expand its brand footprint in 11 new leisure markets, in addition to growing its hotel presence in key resort, all-inclusive, and urban destinations

CHICAGO–(BUSINESS WIRE)–#appleleisuregroup—Hyatt Hotels Corporation (NYSE: H) today announced plans to accelerate its brand growth in the Americas region with a strong pipeline of expected hotel openings through 2023. Fueled by growing leisure travel demand, 45 hotels are expected to join Hyatt’s portfolio of brands, including Apple Leisure Group’s (ALG) AMRTM Collection brands, in 2022 and 2023 in key resort, all-inclusive and sought-after urban destinations. In addition, Hyatt has signed management and franchise agreements for hotels in 11 new markets and 19 existing markets across the Americas.


“Listening to our guests, World of Hyatt members, and customers has never been more important. As we continue in our recovery from the pandemic, we remain very intentional about where the Hyatt brand footprint grows to ensure we’re present in markets that matter most to the leisure-focused traveler of today and tomorrow,” said Jim Chu, Hyatt’s executive vice president, global franchising and development. “Our pipeline of new properties signals that Hyatt is well poised to deliver against the demand for more leisure travel experiences in places like Cozumel, Panama City, Punta Cana, and South Beach, and priority urban destinations, including Denver, Montréal, Oakland, and Memphis, which will welcome the first Caption by Hyatt hotel.”

Debuting New Hyatt Brands in New Markets

To continue driving brand awareness and World of Hyatt loyalty program growth, Hyatt expects to thoughtfully expand its brand footprint in the Americas through 2023 in 11 new markets with hotel openings under the Dreams, Hyatt Centric, Hyatt House, Hyatt Place, Hyatt Regency, The Unbound Collection by Hyatt, and Thompson Hotels brands. These new destinations will position Hyatt to capture leisure demand in the markets that matter most to guests, loyalty members, and customers. They include:

2022

  • Dreams Karibana Cartagena Beach & Golf Resort (268 guestrooms) in Cartagena, Colombia
  • Hyatt Centric Ville-Marie Montréal (177 guestrooms) in Montréal, Québec
  • Hyatt Centric San Salvador (138 guestrooms) in Antiguo Cuscatlan, El Salvador
  • Hyatt House Monterrey Valle/San Pedro (91 guestrooms) in Monterrey, Mexico
  • Hyatt Place Gainesville Downtown (145 guestrooms) in Gainesville, Fla.
  • Hyatt Place Kent Narrows & Marina (120 guestrooms) in Grasonville, Md.
  • Hyatt Place Monterrey Valle (133 guestrooms) in Monterrey, Mexico
  • Hyatt Place Montréal Downtown (354 guestrooms) in Montréal, Québec
  • Hyatt Place Panama City Beach (224 guestrooms) in Panama City Beach, Fla.
  • Hyatt Place St. Augustine/Vilano Beach (120 guestrooms) in St. Augustine, Fla.
  • Hyatt Regency Mexico City Insurgentes (201 guestrooms) in Mexico City, Mexico
  • Numu (44 guestrooms), which will join The Unbound Collection by Hyatt, in San Miguel de Allende, Mexico

2023

  • Dreams Estrella del Mar Mazatlan (350 guestrooms) in Mazatlan, Mexico

Expanding Access to Resorts and All-Inclusive Experiences

Leisure travel continues on an upward trajectory with a notable, strong desire for resort and all-inclusive experiences. The end of 2021 and early 2022 showed elevated demand for leisure travel with multiple resorts reaching record RevPAR levels within the United States. Further, with the recent acquisition of ALG, the combined company will offer one of the largest portfolios of luxury all-inclusive resorts in the world and luxury hotels in Mexico and the Caribbean. Through 2023, Hyatt plans to significantly expand its resort and all-inclusive portfolio, which includes the AMR Collection brands Secrets and Dreams, with expected openings across the Americas, including:

2022

  • Banyan Cay Resort & Golf (190 guestrooms), which will join the Destination by Hyatt hotel portfolio, in West Palm Beach, Fla.
  • Dreams Cozumel Cape Resort & Spa (154 guestrooms) in Cozumel, Mexico
  • Hyatt House Lewes / Rehoboth Beach (105 guestrooms) in Lewes, Del.
  • Hyatt Place Virginia Beach/Oceanfront (140 guestrooms) in Virginia Beach, V.A.
  • Hyatt Regency Grand Reserve Puerto Rico expansion (93 guestrooms) in Rio Grande, Puerto Rico
  • Hyatt Zilara Riviera Maya (291 guestrooms) in Riviera Maya, Mexico
  • Secrets Impression Playa del Carmen (198 guestrooms) in Playa del Carmen, Mexico
  • Secrets Moxche Playa del Carmen (485 guestrooms) in Playa del Carmen, Mexico
  • Secrets Tulum Resort & Spa (300 guestrooms) in Tulum, Mexico
  • Rancho Pescadero (103 guestrooms), which will join The Unbound Collection by Hyatt portfolio, in El Pescadero, Mexico

2023

  • Dreams Grand Island (600 guestrooms) in Cancún, Mexico
  • Park Hyatt Los Cabos Hotel and Residences (135 guestrooms) in Los Cabos, Mexico
  • Hyatt Place New Smyrna Beach (114 guestrooms) in New Smyrna Beach, Fla.
  • Secrets Baby Beach Aruba (600 guestrooms)
  • Thompson South Beach (150 guestrooms) in South Beach, Fla.

Growing in Urban Destinations

Late 2021 showed strengthening travel demand among urban leisure and drivable destinations. Kicking off 2022 and throughout 2023, Hyatt hotels are expected to open in sought-after city locales across the Americas, including the brand debut and opening of the first Caption by Hyatt hotel in Memphis. They include:

2022

  • Thompson Austin (229 guestrooms) in Austin, Texas – opened in January 2022
  • tommie Austin (193 guestrooms), a JdV by Hyatt hotel, in Austin, Texas – opened in January 2022
  • Caption by Hyatt Beale St. Memphis (136 guestrooms) in Memphis, Tenn.
  • Hyatt Centric Congress Avenue Austin (246 guestrooms) in Austin, Texas
  • Hyatt Centric Santa Clara (220 guestrooms) in Santa Clara, Calif.
  • Hyatt House Sacramento Midtown (133 guestrooms) in Sacramento, Calif.
  • Hyatt Regency Salt Lake City (700 guestrooms) in Salt Lake City, Utah
  • Hyatt Regency San Francisco Downtown SOMA (686 guestrooms) in San Francisco – rebranding from Park Central San Francisco
  • A hotel (120 guestrooms) that will join the JdV by Hyatt portfolio in Middletown, R.I.
  • Thompson Denver (216 guestrooms) in Denver, Colo.
  • Hotel La Compañia, Casco Antiguo, Panama (88 guestrooms), which will join The Unbound Collection by Hyatt portfolio, in Panama City, Panama
  • Kissel Uptown Oakland (168 guestrooms), which will join The Unbound Collection by Hyatt portfolio, in Oakland, Calif.

2023

  • A hotel (251 guestrooms) that will join the JdV by Hyatt portfolio in Anchorage, Ala.
  • Hyatt House Lansing/MSU (131 guestrooms) in Lansing, Mich.
  • Hyatt Place Toronto-Downtown/Jarvis Street (238 guestrooms) in Toronto, Ontario
  • Thompson Houston (172 guestrooms) in Houston, Texas
  • A hotel (64 guestrooms) that will join The Unbound Collection by Hyatt portfolio in Hollywood, Calif.

For more information about Hyatt hotels, please visit: www.hyatt.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2021, Hyatt’s portfolio included more than 1,000 hotel and all-inclusive properties in 69 countries across six continents, and the acquisition of Apple Leisure Group added 96 properties in 10 countries as of November 1, 2021. Hyatt’s offerings include the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt Place®, UrCove, and Hyatt Residence Club® brands, as well as resort and hotel brands under the AMR™ Collection, including Secrets® Resorts & Spas, Dreams® Resorts & Spas, Breathless® Resorts & Spas, Zoëtry® Wellness & Spa Resorts, Alua® Hotels & Resorts, and Sunscape® Resorts & Spas. Hyatt’s subsidiaries operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and the Trisept Solutions® travel technology platform. For more information, please visit www.hyatt.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, risks associated with the consummation of the Apple Leisure Group (“ALG”) acquisition, including the related incurrence of material additional indebtedness; our ability to successfully integrate ALG’s employees and operations into ours; the ability to realize the anticipated benefits of the acquisition of ALG as rapidly or to the extent anticipated; the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution and efficacy of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; global supply chain constraints and interruptions; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and all-inclusive segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and ALG’s membership offering; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. These statements include statements about Hyatt’s [__] and involve known and unknown risks that are difficult to predict. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contacts

Siân Rylander

Hyatt

sian.rylander@hyatt.com

A Place for Mom Raises $175M in Growth Equity Funding

January 25, 2022 By Business Wire

NEW YORK–(BUSINESS WIRE)–#assistedliving–A Place for Mom (“APFM”), the largest marketplace for senior care services, announced today it has raised $175 million in growth equity funding to fuel the next stage of the company’s growth and transformation. The funding round was led by New York-based global venture capital and private equity firm Insight Partners, with additional participation from existing investors General Atlantic and Silver Lake.

A Place for Mom is the leading, online platform and trusted advisory service, powered by a national team of local experts, assisting families with personalized senior care guidance. With the largest national network, A Place for Mom enables families to make the best senior living decisions across assisted living, memory care, independent living, and home care.

APFM is executing an extensive multi-year plan to accelerate growth by investing to deliver a superior family experience and deepen its relationships with senior living communities.

“As the category leader, APFM fuels industry growth,” said Larry Kutscher, Chief Executive Officer of APFM. “Our business grew by 30% in 2021, and we are still in the early stages of our transformation. We are fortunate to have three world-class partners – Silver Lake, General Atlantic and Insight Partners – who share our enthusiasm and confidence in our vision, plan and ability to execute.”

The global senior living industry is projected to grow by more than 50% cumulatively over the next 5 years, driven by significant demographic trends, including the projected doubling of the percentage of Americans aged 85 or more over the next 20 years.

“APFM’s advanced technology helps caregivers make informed decisions about loved ones during tough times, matching them with senior living facilities nationwide,” said Eoin Duane, Managing Director at Insight Partners. “We are excited to partner with APFM as they leverage their differentiated platform and deep customer expertise to scale up.” Eoin will join APFM’s board.

Anton Levy, member of the APFM Board of Directors and Co-President, Managing Director and Global Head of Technology investing at General Atlantic, said, “With its impressive, insight-driven platform, APFM meets the needs of families making important decisions about senior care. The team at APFM has made significant progress in positioning the business for continued growth. Our increased investment reflects our confidence in APFM’s market position and prospects, and its ability to deliver value for all of its stakeholders.”

Adam Karol, member of the APFM Board of Directors and Managing Director at Silver Lake, said, “This investment validates the remarkable progress Larry and the APFM team have made in using technology and data to transform how caretakers and families find the right senior care for their loved ones. We are excited to have Insight join us and General Atlantic in working with Larry and his management team to accelerate the company’s strong growth trajectory as they continue to innovate and scale in building the leading marketplace for senior care services.”

About A Place for Mom

A Place for Mom is the leading, online platform connecting families searching for senior care with a team of experienced local advisors providing insight-driven, personalized solutions. As the nation’s leading senior advisory service, A Place for Mom’s mission is to enable caregivers to make the best senior living decisions. With senior living experts nationwide, A Place for Mom helps hundreds of thousands of families every year navigate the complexities of finding the right senior living solution for their loved one across home care, independent living, memory care, assisted living, and more. A Place for Mom is paid by the senior living communities and care providers in its network so its service is provided at no cost to families. For more information, please visit aplaceformom.com.

About Insight Partners

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners.

About Silver Lake

Silver Lake is a leading global technology investment firm, with more than $90 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe, and Asia. Silver Lake’s portfolio companies collectively generate more than $227 billion of revenue annually and employ more than 567,000 people globally. For more information about Silver Lake and its portfolio, please visit Silver Lake’s website at silverlake.com.

About General Atlantic

General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic currently has over $86 billion in assets under management inclusive of all products as of September 30, 2021, and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore and Stamford. For more information on General Atlantic, please visit the website: generalatlantic.com.

Contacts

Media

For A Place for Mom
Lauren Radcliffe

Lauren.Radcliffe@aplaceformom.com

Sard Verbinnen & Co

Paul Scarpetta/Devin Broda

APlaceforMom-SVC@sardverb.com

Nexus REIT Announces January and February Distributions

January 25, 2022 By Globenewswire Tagged With: TSX:NXR-UN.TO

TORONTO and MONTREAL, Jan. 24, 2022 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today the declaration of the January and February 2022 distributions. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable February… [Read More]

MINTO APARTMENT REIT ANNOUNCES APPOINTMENT OF PRESIDENT AND CHIEF OPERATING OFFICER

January 24, 2022 By NewsWire Tagged With: TSX:MI.UN

OTTAWA, ON, Jan. 24, 2022 /CNW/ – Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (“Minto” or the “REIT”) is pleased to announce the appointment of Jonathan Li to President and Chief Operating Officer effective April 2022.  In this role, Mr. Li will work with Michael Waters, Chief Executive Officer of the REIT, on the… [Read More]

SmartCentres Declares Distribution for January 2022

January 24, 2022 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, Jan. 24, 2022 (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 January 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on February… [Read More]

CROMBIE REIT Q4 FISCAL 2021 CONFERENCE CALL

January 24, 2022 By NewsWire Tagged With: TSX:CRR.UN

NEW GLASGOW, NS, Jan. 24, 2022 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) will hold a conference call on Thursday, February 24, 2022 beginning at 12:00 p.m. (EST) during which senior management will discuss Crombie’s financial results for the fourth quarter and year ended December 31, 2021. The financial results will be… [Read More]

StorageVault Completes the Purchase of Storage Asset for $45 Million

January 24, 2022 By Globenewswire Tagged With: TSX-V:SVI

TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its January 18, 2022 news release, it has completed the acquisition of one store in Toronto, Ontario (the “Acquisition”) for $45,000,000. The Acquisition is a related party acquisition as Access Self Storage Inc. (“Access”) was one… [Read More]

Timbercreek Financial Declares January 2022 Dividend

January 24, 2022 By Globenewswire Tagged With: TSX:TF

TORONTO, Jan. 24, 2022 (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 February 15, 2022 to holders of Common Shares of record on January 31, 2022. The Company… [Read More]

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