TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of May 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on June 16, 2025, to unitholders of record as… [Read More]
Century Fire Protection Expands Geographic Footprint to Western U.S.
Acquires Utah-Based TST Fire Protection and Alliance Fire & Safety TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired TST Fire Protection, Inc. (“TST”) and Alliance Fire & Safety (“Alliance”), two related fire protection companies based in Utah…. [Read More]
Flagship Communities Real Estate Investment Trust Reports Voting Results from 2025 Annual Meeting of Unitholders
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) (TSX: MHC.UN) today announced that each of the nine individuals nominated for election as a trustee of Flagship at the REIT’s Annual Meeting… [Read More]
Flagship Communities Real Estate Investment Trust Announces May 2025 Cash Distribution
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0517 per REIT unit for the month of May 2025, representing US$0.62 per REIT unit on an annual basis…. [Read More]
Cultured Stone® Expands Cobblefield® Profile with Serene New Color, Salt Flat™
Versatile new colorway takes inspiration from desert landscapes
HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), announces the launch of Salt Flat™, a new colorway from Cultured Stone®. Available in the Cobblefield® profile, Salt Flat’s elegant, neutral palette makes it ideal for a variety of architectural applications.
Inspired by the expansive tranquility of vast desert landscapes, Salt Flat blends understated light grays and soft, warm whites with a subtle, shimmering mica overlay, creating a nuanced, versatile neutral that adds sophistication and elegance to any design. Its delicate yet dimensional blend of undertones imbues spaces with brightness and depth, effortlessly harmonizing with a wide range of other colors, textures and design elements.
“Developed in response to customer demand, the introduction of the Salt Flat colorway marks an exciting evolution for the Cultured Stone brand,” said Steve Booz, vice president of marketing and product management at Westlake Royal Building Products. “The new color is more than just a design element—it’s an immersive aesthetic experience that reflects modern trends. By responding to the evolving needs of architects, designers and homeowners, we continue to deliver timely, innovative solutions with exceptional aesthetics and performance.”
Designed to emulate the architecture of rural 19th-century America, Cobblefield’s tailored lines and chiseled-cut surface lend a distinctive sense of craftsmanship to a variety of classic and contemporary designs. Whether used in residential or commercial settings, its rugged refinement strikes the perfect balance between modern elegance and time-weathered tradition, perfect for both interior and exterior applications. When paired with the multilayered tones of Salt Flat, the profile takes on a fresh yet grounded aesthetic that elevates any environment.
Cultured Stone is a brand within the Westlake Royal Building Products portfolio of exterior and interior building products. For more information, visit CulturedStone.com.
About Cultured Stone
Driven by a pioneering spirit, Cultured Stone introduced the world’s first architectural stone veneer, making it possible to feature authentic hues and natural textures of stone and brick in any environment. Nearly 60 years later, Cultured Stone continues to lead the industry by creating the finest stone products for empowering the artist within and bringing incomparable designs to reality. For more information on Cultured Stone’s catalog of products, visit CulturedStone.com.
About Westlake Royal Building Products
Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. Westlake Royal Building Products manufactures high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.
For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.
Contacts
Media Contacts:
Kelly Nguyen
Planit
KNguyen@planitagency.com
(609) 385-6701
Sarah Lograsso
Westlake Royal Building Products
SLograsso@Westlake.com
Nexus Industrial REIT Announces First Quarter 2025 Financial Results
Q1 Net Operating Income grew 8.6% from accretive acquisitions, development, and 6.6% industrial SPNOI Completed the strategic transition to a pure-play industrial REIT TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the first quarter ended March 31, 2025. “In the first quarter we completed… [Read More]
Rentsync Raises Significant Growth Investment Led by Silversmith Capital Partners
TORONTO–(BUSINESS WIRE)–Rentsync, a leading software and data company serving Canada’s rental housing industry, today announced it has raised a significant growth investment led by Silversmith Capital Partners. The partnership with Silversmith will enable the company to further invest in technology, expand its team, and pursue strategic acquisitions as it builds a comprehensive platform of data, software, and analytics to address the challenges of Canada’s rental housing ecosystem.
With a consistent track record of strong growth and profitability, Rentsync serves thousands of customers across Canada, including REITs, property management companies, and property developers. The company offers a range of innovative products and services designed to empower owners and landlords to streamline workflows, engage tenants, and maximize property potential.
“We are thrilled to partner with the team at Silversmith, who bring not only deep sector and operational expertise but also a successful history of backing Canadian growth companies,” said Max Steinman, CEO of Rentsync. “Silversmith’s commitment to building category-leading businesses aligns perfectly with our long-term vision to simplify and optimize the rental housing experience for owners, managers, marketers, and renters alike.”
Silversmith has a long and successful history of investing in, and partnering with, Canadian software companies and entrepreneurs, having led growth investments or supported acquisitions in every major region of the country—including Calgary, Montreal, Toronto, and Vancouver. Notable investments in which Silversmith served as the first institutional investor include Absorb Software and Apryse (fka PDFTron Systems).
“As a firm, we are focused on partnering with growing, profitable businesses led by domain experts, and Rentsync embodies these attributes,” said Jim Quagliaroli, Managing Partner at Silversmith. “We’re excited to support Max and his talented team as their first institutional investor as they continue to grow both organically and through strategic acquisitions.”
“The combination of software and data via its numerous listing sites, sticky workflow software, and data and analytics offerings make Rentsync’s value proposition clear. The best is yet to come for Rentsync and its valued customers,” remarked Matthew Nash, Vice President at Silversmith.
In connection with the investment, Silversmith Senior Advisors Mike Owens, Co-Founder & former CEO of Absorb Software, and Mike Volpe, former CEO of Lola.com (acquired by Capital One) and former CMO of HubSpot (NYSE: HUBS), have joined Rentsync’s Board of Directors alongside Quagliaroli and Nash. The Board also includes CEO Max Steinman and Dan Jauernig, former CEO of Apartments.com and Cars.com (NYSE: CARS).
Stikeman Elliott and Kirkland & Ellis served as legal counsel to Silversmith Capital Partners. Software Equity Group (SEG) and Borden Ladner Gervais (BLG) served as advisors to Rentsync.
About Rentsync
Based in Toronto, Rentsync is a leading software and data company, specializing in serving the Canadian rental housing industry. Rentsync offers a range of innovative products and services designed to streamline rental property marketing, leasing, and property management. It also owns and operates the Rentals.ca Network, the leading online marketplace for rental housing in Canada. Its commitment to professionalism, innovation, and accessibility has made it a trusted leading partner for rental housing marketers, leasing agents, and renters.
About Silversmith Capital Partners
Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management. Silversmith’s mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Representative investments include ActiveCampaign, Appfire, Apryse, DistroKid, impact.com, Iodine Software, LifeStance Health, Onbe, and Webflow. For more information, including a full list of portfolio investments, visit www.silversmith.com or follow the firm on LinkedIn.
Contacts
Giacomo Ladas — gladas@rentsync.com
Melcor Developments announces first quarter results, declares quarterly dividend of $0.11 per share
EDMONTON, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (“Melcor”) (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the first quarter ended March 31, 2025. The first quarter Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or… [Read More]
Flagship Communities Real Estate Investment Trust Announces First Quarter 2025 Results
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its first quarter 2025 results. The financial results of the REIT are prepared in accordance with IFRS® Accounting Standards (“IFRS”)… [Read More]
Colliers declares semi-annual dividend
TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers”) announced today that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the “Common Shares”) of US$0.15 per Common Share. This dividend is in accordance with the… [Read More]
Total Home Windows and Doors Unveils TotalSeal™ UltraSlim Series: A Game-Changer in Vinyl Window Design
TORONTO–(BUSINESS WIRE)–Total Home Windows and Doors proudly announces the launch of its groundbreaking TotalSeal™ UltraSlim Series—a revolutionary advancement in vinyl window technology that seamlessly combines minimalist aesthetics with superior performance.
Engineered for the discerning homeowner, the UltraSlim Series boasts a sleek 2 7/8-inch frame width and a 4 9/16-inch depth, offering a refined, contemporary look without compromising structural integrity. This is achieved through a multi-chambered internal design that enhances both thermal efficiency and durability.
“The UltraSlim Series is a testament to our commitment to innovation,” says Daniel Klein, Project Manager at Total Home Windows and Doors. “We’ve managed to create a window that not only meets but exceeds expectations in both form and function.”
Key Features of the TotalSeal™ UltraSlim Series:
- Hidden Gasket Technology: Innovative concealed rubber gaskets provide a smooth, uninterrupted surface, enhancing both aesthetics and weather resistance.
- Fusion-Welded Construction: Ensures airtight seals and long-term durability, reducing energy costs and maintenance needs.
- Super Spacer® Technology: Introduces warm-edge spacers that regulate temperatures, minimizing condensation and enhancing comfort.
- Argon Gas Fill: Fills the space between panes with inert gas, significantly improving insulation and reducing heat transfer.
The TotalSeal™ UltraSlim Series is now available to trade professionals, with volume pricing offered for qualified builders, contractors, and developers working on large-scale or multi-unit projects.
With a reputation built on quality and customer satisfaction since 2007, Total Home Windows and Doors continues to lead the industry with innovative solutions tailored to the unique demands of the Canadian climate.
For more information or to schedule a free consultation, visit thwindowsdoors.com or call 416-661-6666.
Contacts
Media Contact:
Vitaly Shapiro
Vice President of Sales
Total Home Windows and Doors
Email: info@thwindowsdoors.com
Phone: 416-661-6666
Fastest-Growing U.S. Real Estate Firm Launches Aperture Global, a New International Luxury Brokerage
LPT Holdings Debuts Aperture Global Real Estate with Commitments from Agents Representing over $1 Billion in Annual Sales
LAKE MARY, Fla.–(BUSINESS WIRE)–LPT Holdings is proud to announce its new global luxury real estate brand, Aperture Global Real Estate, has launched today. As the first independent luxury brokerage to debut with a global launch at inception, Aperture enters the market with a groundbreaking international footprint. The brand is launching in 15 U.S. states and four international cities, including key markets such as Miami, London, New York, Toronto, and Lisbon — with nearly 20 more global locations coming soon.
Following the success of LPT Realty, recognized as the fastest-growing real estate firm in the U.S., founder and CEO Robert Palmer now expands the company’s vision into the global luxury market. Aperture has attracted top industry leaders to its management team, such as Michael Valdes, former Global Vice President of Sotheby’s for 15 years, who joins as Global President of Aperture and CEO of LPT International, and Mercedes Saewitz, former Principal Broker and founding agent at Compass, now Senior Vice President of Operations at Aperture.
“Aperture was born from a clear gap in the global luxury space,” said Palmer. “We are creating a brand that delivers world-class marketing, exceptional client experiences, and personalized service on a global scale.”
Aperture offers an exclusive portfolio of premier homes, estates, and penthouses in the most desirable locations. Its agents deliver bespoke services to meet the needs of discerning buyers and sellers worldwide.
“This is the future of luxury real estate,” said Valdes. “We combine tailored marketing, exclusive media access, and cutting-edge technology to offer a seamless global solution never before available in this space.”
At launch, Aperture already boasts commitments from more than 100 elite brokers representing over $1 billion in annual sales. These industry leaders join from renowned firms like Sotheby’s, Brown Harris Stevens, Douglas Elliman, eXp, Compass, and Keller Williams.
“Our agents are drawn by the opportunity to be part of a bold, global network,” said Saewitz. “Aperture offers access, influence, and innovation that elevate what luxury real estate can be.”
Leveraging proprietary advanced technologies like addressable CTV, which enables precision targeting of qualified, high-intent buyers, Aperture connects clients to prestigious properties more seamlessly than its competition while ensuring maximum visibility on local, national, and international levels.
As part of LPT’s innovative model, Aperture is poised to set a new benchmark in luxury real estate while creating unparalleled opportunities for agents and clients alike.
“Agents are already collaborating across continents, securing exclusive listings, and driving global referrals,” added Palmer. “The vision is alive — and it’s only just beginning.”
Learn more at apertureglobal.com.
About Aperture Global Real Estate
Aperture is a next-generation luxury brokerage backed by LPT Holdings, redefining elite real estate through innovation, influence, and agent empowerment. Launched in 2025 by Robert Palmer, Aperture operates in the U.S., UK, Canada, Portugal, and beyond—delivering global reach, bespoke marketing, and one of the industry’s most lucrative platforms. Learn more at apertureglobal.com.
About Robert Palmer
Robert Palmer is a visionary entrepreneur and founder of several award-winning companies, including LPT Realty. He is recognized for transforming the real estate business and bringing forward-thinking marketing strategies that have redefined industry norms. His career is marked by leveraging cutting-edge technologies to bridge gaps and solve challenges for consumers, agents, and industry professionals. Robert has revolutionized the real estate industry through technological and marketing excellence.
About LPT Holdings
LPT Holdings is a real estate innovation company focused on empowering agents through choice, technology, and opportunity. As the parent company of LPT Realty and Aperture Global Real Estate, LPT Holdings brings together a portfolio of forward-thinking brands redefining how agents grow, operate, and thrive in today’s market. Founded by entrepreneur Robert Palmer, LPT Holdings is committed to delivering agent-centric solutions at scale—combining traditional real estate fundamentals with next-generation tools, equity models, and support systems. With a mission to build a brokerage for life, LPT Holdings is shaping the future of the industry.
Contacts
Media Contact
LPT-Aperture@hundredstoriespr.com
+1 646-258-0026
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