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Starlight U.S. Multi-Family (No. 1) Core Plus Fund Announces Continued Financial Resiliency and Normalized AFFO Payout Ratio of 72.3%

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 12, 2020 /CNW/ – Starlight U.S. Multi-Family (No.1) Core Plus Fund (TSXV: SCPO.UN) (the “Fund”) announced today its results of operations and financial condition for the three months ended September 30, 2020 (the “Third Quarter”) and nine months ended September… [Read More]

Grounded on Some of the Most Affordable Rents in Canada, Boardwalk REIT Reports Resilient Results With Third Quarter Funds From Operations per Unit Growth of 5.7%

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SUMMARY HIGHLIGHTS FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2020 RESILIENT PERFORMANCEFOR THE THREE MONTH PERIOD ENDED SEPTEMBER 30, 2020 Funds From Operations (FFO) of $0.74 per Trust Unit; an increase of 5.7% 1.7% same-property revenue growth 0.5% same-property net operating income growth FOR THE NINE MONTH PERIOD ENDED SEPTEMBER 30, 2020 Funds… [Read More]

Plaza Retail REIT Announces Third Quarter 2020 Results

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FREDERICTON, NB, Nov. 12, 2020 /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, 2020. “Our portfolio, which is dominated by essential needs and value retailers in open-air centres, continues to perform well.  We collected 97.4% of rent during the quarter”… [Read More]

Firm Capital Property Trust Announces Solid Third Quarter Results

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TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2020. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 76 commercial properties with a total GLA of 4,244,849 square feet (2,350,850 square… [Read More]

Park Lawn Corporation Releases Q3 2020 Results and Provides COVID-19 Update

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TORONTO, Nov. 12, 2020 /CNW/ – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) announced its results for the third quarter (“Q3“) ended September 30, 2020. PLC had another strong quarter achieving double digit revenue, net earnings, Adjusted Net Earnings and Adjusted EBITDA growth which is summarized as follows:  Selected Financial Information Three Months… [Read More]

H&R REIT Announces Third Quarter 2020 Results

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TORONTO, Nov. 12, 2020 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) announces its financial results for the three and nine months ended September 30, 2020. BUSINESS UPDATE COVID-19 The COVID-19 pandemic has dramatically disrupted society and the economy and significantly impacted the commercial property industry. A strong focus on risk… [Read More]

Urbanfund Corp. Announces Closing of the Acquisition of a 20% Interest in a 110 Unit Residential Portfolio Located in Dartmouth, Nova Scotia

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TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture: “UFC”) (“Urbanfund” or, the “Company”), announced today that the Company, along with Westdale Construction Limited (“Westdale”), has completed the previously-announced acquisition of the 110 unit The Manors Luxury Apartment portfolio located in Dartmouth, Nova Scotia. An… [Read More]

RESAAS Announces First-to-Market Online Ordering & Home Delivery of COVID-19 Rapid Tests

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VANCOUVER, BC, Nov. 12, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has launched online ordering of COVID-19 Rapid Tests. Instant online ordering available to RESAAS agents located in the United States. Next-day express shipping available. Tests are priced between… [Read More]

StorageVault Reports 2020 Third Quarter Results and Increases Dividend

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TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2020 third quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our results continue to show the resiliency of our business – we achieved 3% year over year increase in same store revenue and… [Read More]

WPT Industrial REIT Announces Third Quarter 2020 Results

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TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and nine months ended September 30, 2020. All dollar amounts are stated in U.S. funds. Highlights for the three months ended September 30, 2020: Collected 99.6% of billed rent… [Read More]

SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2020

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Focused on Growth Transit City Condominium Closings Contribute to 13.1% Increase in FFO (12.3% Growth in FFO per Unit) with Continued Growth of FFO Expected in Q4 Mixed-use Intensification Program Increasing with Construction on Transit City Condominiums, High-rise Residential Rentals at SmartVMC and Laval, Retirement Homes, Self-Storage Projects and Recently Received Approval to Permit an… [Read More]

Tricon Delivers Strong Results in Q3 2020 as Single-Family Rental Demand Soars

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Nov. 11, 2020 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), a rental housing company focused on serving the middle-market demographic in North America, announced today its consolidated financial results for the three and nine months ended… [Read More]