Net Income: $98 million Down 11% Y/Y Up 3% Q/Q Net Operating Income: $101 million Down 16% Y/Y Down 14% Q/Q Fully Diluted Operating EPS: $1.17 Down 15% Y/Y Down 13% Q/Q Transactional Premiums Written: $167 million Down 11% Y/Y Up 51% Q/Q Total Premiums Written: $227 million Up 17% Y/Y Up 99% Q/Q Premiums… [Read More]
Tricon’s Strong Q2 2020 Results Underscore Resilience of Core Single-Family Rental Business
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Aug. 5, 2020 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), formerly Tricon Capital Group Inc., a rental housing company focused on serving the middle-market demographic in North America, announced today its consolidated financial results for the three and… [Read More]
Killam Apartment REIT Announces Q2-2020 Operating Performance And Financial Results
HALIFAX, NS, Aug. 5, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today reported its results for the three and six months ended June 30, 2020. “We are pleased to report solid operating and financial results for the second quarter of 2020. Despite COVID-19 related challenges in the quarter, our team performed exceptionally well,… [Read More]
Crombie REIT Announces Second Quarter 2020 Results and COVID-19 Update
Second Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $9,393 Property revenue of $96,501 Debt to gross book value – fair value of 49.2% Available liquidity of $406,303 Unencumbered asset pool of $1,461,970 3.878% 16 year mortgage loan of $118,000 was secured and funded, maturing June… [Read More]
Morguard Corporation Announces 2020 Second Quarter Results, Regular Eligible Dividend and Provides Operational Update Related to COVID-19
MISSISSAUGA, ON, Aug. 5, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the three and six months ended June 30, 2020, including a brief operational and liquidity update as we continue to focus on managing through the COVID-19 pandemic. Reporting Highlights Total revenue from real estate properties… [Read More]
Firm Capital Property Trust Provides Update on Rent Collections, Trust Unit Redemption, NCIB Activity and Trustee Purchases
TORONTO, Aug. 5, 2020 /CNW/ – Firm Capital Property Trust (the “Trust“), (TSXV: FCA.UN) (TSXV: FCD.UN) is providing the following update regarding gross rent collections for the past four months, the redemption of Trust Units, activity under the outstanding Normal Course Issuer Bid (“NCIB“) and insider purchases of Trust Units. Rent Collection:The Trust has worked… [Read More]
CIBC and RE/MAX Western Canada work together to help Canadians navigate the housing market
TORONTO, Aug. 5, 2020 /CNW/ – CIBC and RE/MAX Western Canada are pleased to announce they have formed an exclusive partnership aimed at helping Canadians living in northern and western Canada achieve their goals of home ownership. RE/MAX clients in Manitoba, Saskatchewan, Alberta, British Columbia, Yukon and Northwest Territories will be able to benefit from CIBC’s… [Read More]
InterRent Announces Voting Results from the 2020 Annual Meeting
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Aug. 04, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (the âREITâ) is pleased to announce the voting results from its 2020 Annual Meeting (the âMeetingâ) of unitholders held online on August 4, 2020 via live webcast…. [Read More]
CT REIT Announces Second Quarter 2020 Results
Delivers 2.8% growth in AFFO per unit for the second quarter Announces 2.0% distribution increase 98.5% of July 1st rental obligations fulfilled Completes $36 million of previously announced investments TORONTO, Aug. 4, 2020 /CNW/ – CT Real Estate Investment Trust (“CT REIT” or “the REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the second… [Read More]
SmartCentres Announces Time Change for 2020 Second Quarter Conference Call
TORONTO, July 31, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX: SRU.UN) announced today that it will hold the conference call related to the release of its 2020 second quarter financial results on Thursday, August 6, 2020 at 3:30 p.m. (ET), rather than the previously announced 2:00 p.m. (ET). Investors are invited… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Board Changes
TORONTO, July 31, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) today announced a change in the Company’s board of directors (the “Board”). The Board has accepted the resignation of Gary M. Samuel as a director of the Company. In his place, the Board is pleased to announce the appointment of… [Read More]
NorthWest Healthcare Properties REIT Announces Timing of Second Quarter Results
TORONTO, July 31, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT“) announced today that the REIT expects to issue its second quarter 2020 financial results for the three and six months ending June, 2020 on Monday, August 24, 2020, before markets open. A conference call is expected to be held… [Read More]
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