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Great-West Lifeco closes transaction establishing strategic relationship with Sagard Holdings

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WINNIPEG, MB, Nov. 19, 2021 /CNW/ – Great-West Lifeco Inc. (“Lifeco”) today announced it has completed the previously announced sale of its Colorado-based subsidiaries, EverWest Real Estate Investors, LLC and EverWest Advisors, LLC (“EverWest”), to Sagard Holdings Inc. (“Sagard”). As part of the transaction, Lifeco has made a capital commitment of approximately US$500 million into… [Read More]

Slate Office REIT Announces a Firm Offer to Acquire C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland and Closing of C$130.0 Million Bought Deal Offering

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announced today a Firm Offer1 to acquire an Irish entity and the closing of its previously announced public… [Read More]

Lanesborough REIT Announces a Proposed Transaction to Restructure its Convertible Debentures

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WINNIPEG, MB, Nov. 18, 2021 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT“) (TSXV: LRT.UN) announces a proposed transaction to settle its $24,810,800 principal amount of outstanding 5.00% Series G redeemable subordinated secured debentures due June 30, 2022 (the “Debentures“), and all the accrued or unpaid interest owing thereon, in exchange for trust units in the… [Read More]

Morguard North American Residential REIT Declares November 2021 Distribution of $0.0583 per Unit

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MISSISSAUGA, ON, Nov. 18, 2021 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) today announced that it has declared a distribution of $0.0583 per unit for the month of November 2021.  The distribution will be payable on December 15, 2021 to unitholders of record as at November 30, 2021. About… [Read More]

Flagship Communities Real Estate Investment Trust Announces Closing of Approximately US$46.5 Million Equity Offering

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 18, 2021  /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT” or “Flagship“) (TSX: MHC.U) announced today that it has completed its previously announced public offering (the “Offering“) of 2,415,000 trust units (the “Units“), inclusive of 315,000 Units issued pursuant to… [Read More]

Terra Firma Capital Corporation Reports Third-Quarter 2021 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today announced its financial results for the three and nine-month periods ended September 30, 2021. Q3 2021 Financial Highlights (as compared… [Read More]

Terra Firma Capital Corporation Announces Stock Option Grant

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TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V:TII) (“Terra Firma” or the “Corporation”) announced today that subject to regulatory approval and pursuant to the terms of its share option plan, it has granted 20,000 options to a consultant to purchase up to 20,000 common shares of the Corporation at closing price… [Read More]

Boardwalk REIT Announces Normal Course Issuer Bid

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CALGARY, AB, Nov. 18, 2021 /CNW/ – Boardwalk Real Estate Investment Trust (TSX: BEI.UN) Boardwalk Real Estate Investment Trust (“Boardwalk”, the “REIT” or the “Trust”) announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) to commence a normal course issuer bid (the “NCIB”). The NCIB allows the REIT to purchase… [Read More]

Morguard REIT Announces $150 Million Offering of Convertible Debentures and Forthcoming Redemption of 4.50% Convertible Unsecured Subordinated Debentures

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TSX SYMBOL:    MRT.UN TORONTO, Nov. 17, 2021 /CNW/ – Morguard Real Estate Investment Trust (“Morguard REIT” or the “REIT”) (TSX: MRT.UN), announced today that it has entered into an agreement with a syndicate of underwriters, co-led by RBC Capital Markets, TD Securities… [Read More]

RESAAS Wins Prestigious Industry Award from Tech Breakthrough

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RESAAS’s International Referral Platform Recognized as Best-in-Class in PropTech Breakthrough Award VANCOUVER, BC, Nov. 17, 2021 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), a technology platform for the real estate industry, today announced the Company has won this year’s PropTech Breakthrough Award: Agent Match Solution of the Year for International… [Read More]