Acquires Maxons Restoration TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired Maxons Restorations, Inc. (“Maxons”). Damon Gersh, CEO of Maxons, and other senior executives have retained a minority interest and will continue to run day-to-day… [Read More]
Canadian multi-suite residential and industrial properties continue to attract investors in the first quarter of 2021: Morguard
Multi-suite residential rental properties continue to generate strong bids from investors given the asset class’s largely positive medium-to-long term performance forecast Industrial investment demand remains robust resulting in high transaction volume and upward property value pressure Grocery-anchored retail properties remain attractive to investors despite in-person shopping restrictions in the first quarter Questions surrounding returning to… [Read More]
Killam Apartment REIT Announces Agreement To Acquire a $190.5 Million Portfolio in Ontario and a $95 Million Bought Deal Public Offering of Trust Units
/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, NS, May 25, 2021 /CNW/ – Killam Apartment REIT (“Killam” or the “REIT”) (TSX: KMP.UN) is pleased to announce that it has agreed to acquire a four-property, 11-building portfolio totaling 785 units in Kitchener and Waterloo, ON (the… [Read More]
SmartCentres Declares Distribution for May 2021
TORONTO, May 25, 2021 (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 May 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on June… [Read More]
ViveRE Communities Inc. Announces Name Change to NexLiving Communities Inc., New Trading Symbol “NXLV”
HALIFAX, NS, May 25, 2021 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) announces that it is changing its name to NexLiving Communities Inc. and its trading symbol from “VCOM” to “NXLV“. Effective at the start of trading on May 28, 2021, NexLiving Communities Inc. (‘NexLiving”) will commence trading on the TSX… [Read More]
RESAAS to Present at LD Micro Invitational Investor Conference
VANCOUVER, BC, May 25, 2021 RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), a technology platform for the real estate industry, today announced that management will present at the LD Micro Invitational, hosted by Sequire Virtual Events, taking place on June 8-10, 2021. Tom Rossiter, CEO of RESAAS, is scheduled to present as… [Read More]
Chartwell Retirement Residences Announces the Election of Directors and Other Voting Results
MISSISSAUGA, ON, May 21, 2021 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced that the nominees listed in the management information circular dated March 31, 2021 were elected as trustees of Chartwell, trustees of CSH Trust, and directors of Chartwell Master Care Corporation. The detailed results of the vote (i) for the election of directors… [Read More]
Firm Capital Property Trust Announces Strong Start to 2021 With $7.83/Unit Net Asset Value and Realized Gains From Centre Ice Retail Portfolio Dispositions
TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the period ended March 31, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 72 commercial properties with a total gross leasable area (“GLA”) of 2,313,389 square feet, two multi-residential complexes… [Read More]
Timbercreek Financial Declares May 2021 Dividend
TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on June 15, 2021 to holders of Common Shares of record on… [Read More]
Terra Firma Capital Corporation Reports First Quarter 2021 Financial Results
All amounts are stated in United States dollars unless otherwise indicated. TORONTO, May 20, 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 months ended March 31, 2021. Q1 2021 Financial Highlights: Total Assets of $139.0… [Read More]
Terra Firma Capital Declares Quarterly Dividend
TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.05 per common share, payable on July 15, 2021, to shareholders of record as of the close of business on June 30, 2021…. [Read More]
Melcor REIT announces Annual General Meeting Trustee Vote Results
EDMONTON, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting (AGM), held today. A total of 17,268,375 units (21 unitholders) were voted by proxy, representing 59.19% of the outstanding units as of the record date. Unitholders approved all… [Read More]
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