– Same Community NOI increased 4.9% in the quarter – LITTLE ROCK, Ark. and TORONTO, Nov. 10, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR”, or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) today announced its financial results for the three and nine months ended September 30, 2020 (“Q3 2020” and “YTD 2020”, respectively). All comparisons in… [Read More]
Minto Apartment REIT Reports Third Quarter 2020 Financial Results
â Solid growth in rental revenue and NOI1 despite lower demand for furnished suites â OTTAWA, ON, Nov. 10, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the third quarter (“Q3 2020”) and nine months ended September 30, 2020. The Condensed Consolidated Interim Financial Statements… [Read More]
Summit Industrial Income REIT – Announces C$170 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (âSummitâ or the âREITâ) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters“) to sell,… [Read More]
BSR REIT Announces the Sale of Six Noncore Properties for $130 Million
LITTLE ROCK, Ark. and TORONTO, Nov. 10, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TMX: HOM.UN) announced today that it has sold six noncore properties, comprising 1,483 apartment units, as part of the REIT’s portfolio enhancement growth strategy and capital recycling program. The REIT received total gross proceeds of $130… [Read More]
RESAAS Announces Blimp Homes as Lead Generation Partner
VANCOUVER, BC, Nov. 10, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has signed a Strategic Alliance Agreement with Blimp Homes (Blimp). Blimp is a collaboration solution provider for both consumers and professionals servicing the real estate industry. Blimp provides an… [Read More]
BTB Demonstrates the Resiliency of its Portfolio and Operating Strategy for a Second Consecutive Quarter
MONTRÃAL, Nov. 10, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) releases today its financial results for the third quarter ended September 30th, 2020 compared to the third quarter of 2019 and announces the following highlights and information: HIGHLIGHTS OF THE THIRD QUARTER ENDED, SEPTEMBER 30th, 2020 Increase in… [Read More]
American Hotel Income Properties REIT LP Reports Third Quarter 2020 Results
All hotels currently open, with Q3 2020 occupancy of 57.1%, representing a 22.4 percentage point increase over Q2 2020 occupancy of 34.7% One of the few U.S. hotel REITs reporting positive FFO and cash flow during the third quarter AHIP’s hotels outperformed their competitive sets with a RevPAR Index of 122.6 during Q3 Total revenues… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in Third Quarter of 2020
TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and nine months ended September 30, 2020. HIGHLIGHTS: Three Months Ended Nine Months Ended September 30, September 30, 2020 2019(5) 2020 2019(5) Portfolio Performance… [Read More]
Summit Industrial Income REIT Reports Continued Strong Performance in Third Quarter 2020
TORONTO, Nov. 9, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced solid operating and financial performance for the three and nine months ended September 30, 2020. Highlights: Revenues increased by 41.4% in the third quarter and 38.3% year-to-date on portfolio growth, high stable occupancies and rent increases. Occupancy remained… [Read More]
Timbercreek Financial Announces Executive Appointments
TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) today announced the appointments of a new Chief Executive Officer and new Chief Financial Officer. Blair Tamblyn, Chief Executive Officer and Co-Founder of Timbercreek Asset Management and Chairman of Timbercreek Financial, has been appointed Chief Executive Officer of the Company, replacing Cameron… [Read More]
Sandpiper Publishes Letter to Unitholders of Artis REIT Reaffirming Need for Substantial and Immediate Change
Sandpiper provides unitholders with additional information related to Victor Thielmann whose resignation for non-independence validates Sandpiper’s view that Artis lacks appropriate governance and oversight Sandpiper asks unitholders to join in demanding for the immediate resignations of any trustees and officers who had knowledge of Victor Thielmann’s non-independence Management blocks questions from unitholders during Artis’ Q3… [Read More]
ViveRE Announces Signing of Agreement to Acquire Multi-Family Rental Property
HALIFAX, NS, Nov. 6, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) announced today that it has entered into an agreement (the “Acquisition Agreement“) to acquire Village View No. 3 Limited Partnership, a limited partnership formed under the laws of the Province of New Brunswick (“VV3LP“), whose sole asset is a multi-family rental… [Read More]
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