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CAPREIT Announces May 2025 Distribution

May 15, 2025 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its May 2025 monthly distribution in the amount of $0.12916 per Unit (or $1.55 on an annualized basis). The May 2025 distribution will be payable on June 16, 2025 to Unitholders of record at the close… [Read More]

Colliers continues to enhance engineering offering in Canada

May 15, 2025 By Globenewswire Tagged With: TSX:CIGI

West-coast acquisition expands geographic footprint and scale TORONTO and NANAIMO, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) — Colliers (NASDAQ, TSX: CIGI) announced today that its Canadian engineering platform Englobe Corporation (“Englobe”) has acquired Herold Engineering Limited (“Herold”), a leading engineering consulting firm in British Columbia. Herold’s leadership team will continue to lead these operations… [Read More]

Northview Residential REIT Announces Results of Voting for Trustees at Annual Meeting of Unitholders

May 15, 2025 By Globenewswire Tagged With: TSX:NRR-UN

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) (TSX: NRR.UN) today announced the results of voting at its annual meeting of unitholders held on May 14, 2025 (the “Meeting”). Each of the nominees listed in the… [Read More]

Allied Announces May 2025 Distribution

May 15, 2025 By Globenewswire Tagged With: TSX:AP.UN

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.

May 15, 2025 By Globenewswire Tagged With: TSX:FSV

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

May 15, 2025 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

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

May 15, 2025 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

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™

May 15, 2025 By Business Wire

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

May 14, 2025 By Globenewswire Tagged With: TSX:NXR-UN.TO

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

May 14, 2025 By Business Wire

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

May 13, 2025 By Globenewswire Tagged With: TSX:MRD

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

May 13, 2025 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

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]

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