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Firm Capital Apartment REIT Reports Strong Q3/2021 Results & Increase in NAV per Unit to USD $9.75 (CAD $11.80)

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All figures in $USD unless otherwise noted.TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended September 30, 2021: EARNINGS For the three months ended September 30, 2021, net income was approximately $2.6… [Read More]

Invesque Inc. Reports Third Quarter 2021 Results

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TORONTO, Nov. 10, 2021 /CNW/ – Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the “Company” or “Invesque”) today announced its results for the three- and nine-months ended September 30, 2021. Third Quarter and Subsequent Highlights As previously announced, closed on the sale of the Company’s ownership interests in four communities to Inspirit Senior Living (“Inspirit”) for approximately US$35.5… [Read More]

Flagship Communities Real Estate Investment Trust Announces November 2021 Cash Distribution

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 10, 2021 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT“) (TSX: MHC.U) announced today a cash distribution of US$0.0446 per REIT unit for the month of November 2021, representing US$0.5355 per REIT unit on an annual basis. Payment will… [Read More]

American Hotel Income Properties REIT LP Announces Bought Deal Public Offering of US$50 Million of Convertible Debentures and Intention to Issue Redemption Notice of Its Convertible Debentures Due June 2022

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES All amounts in U.S. dollars unless otherwise noted VANCOUVER, British Columbia, Nov. 10, 2021 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP” or the “Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announced today that it has entered into an agreement… [Read More]

Lakeview to be Acquired in All Cash Transaction for its Outstanding Securities and Assumption of Certain Outstanding Debt

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WINNIPEG, MB, Nov. 10, 2021 /CNW/ – Lakeview Hotel Investment Corp. (“Lakeview” or the “Company“) (TSXV: LHR) announced today that it has entered into an arrangement agreement dated November 9, 2021 (the “Arrangement“) with 13487407 Canada Inc. (“Parent“), 13487369 Canada Inc. (“Share Purchaser“) and 13487326 Canada Inc. (“Debenture Purchaser“, and together with Parent and Share Purchaser,… [Read More]

RESAAS Adds Alex Lange to Advisory Board

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VANCOUVER, BC, Nov. 10, 2021 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce the addition of Alex Lange to the Company’s Advisory Board. Mr. Lange is currently CEO of Forbes Global Properties. Formerly, Mr. Lange has held senior executive positions at real… [Read More]

Genesis Land Development Corp. Announces $30 Million Rights Offering

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/NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES.  FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./ CALGARY, AB, Nov. 10, 2021 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (“Genesis”, the “Company” or “we”) today announced that it is offering rights (the “Rights Offering”) to eligible holders… [Read More]

Timbercreek Financial Announces 2021 Third Quarter Results

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TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and nine months ended September 30, 2021 (“Q3 2021”) and changes to its Board of Directors. Q3 2021 Highlights Funded $176.8 million on new and existing mortgages versus repayments of $235.6 million, ending… [Read More]

Melcor Developments announces third quarter results, declares quarterly dividend of $0.12 per share, and announces CEO succession plan

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EDMONTON, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2021. Company year-to-date revenue was up 13% to $165.03 million compared to 2020. Community Development division revenue increased 30% over the same… [Read More]

Crombie REIT Announces Third Quarter 2021 Results

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Commitment to long-term strategy driving positive operating and financial results NEW GLASGOW, NS, Nov. 9, 2021 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced results for its third quarter ended September 30, 2021. Management will host a conference call to discuss the results at 12:00 p.m. (EST), November 10, 2021. “Crombie’s steadfast… [Read More]

Plaza Retail REIT Announces Third Quarter 2021 Results

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FREDERICTON, NB, Nov. 9, 2021 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its financial results for the three and nine months ended September 30, 2021. “We are very pleased with our solid performance,” said Michael Zakuta, President and CEO.  “Our portfolio of open-air centres focused on essential needs retail continues… [Read More]