TORONTO, April 03, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV: FCD.UN) is pleased to announce that it has received approval from the TSX Venture Exchange (the “Exchange“) to commence a normal course issuer bid (the “Bid“) to purchase up to 2,829,746 of its trust units (“Trust Units“), being equal… [Read More]
ERES REIT SECURES €63 MILLION MORTGAGE FINANCING FOR KAMELEON PROPERTY ACQUISITION
TORONTO, April 03, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, âERESâ) announced today that it has secured mortgage financing on its December 16, 2019 acquisition of a Netherlands property (the âKameleon Propertyâ) in the principal amount of â¬18.7 million for the retail portion and â¬44.3 million for the residential portion. The… [Read More]
RESAAS Announces 10X Licensing Agreement with Grant Cardone
VANCOUVER, April 2, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it will be launching Grant Cardone’s world-renowned “10X” sales training to RESAAS members. Named the #1 marketer to watch by Forbes Magazine, Grant Cardone is an international speaker, entrepreneur and… [Read More]
Automotive Properties REIT Provides an Update Regarding the Impact of COVID-19
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 2, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today provided an update regarding the impact of the novel coronavirus (COVID-19) pandemic on its business. COVID-19 Tenant Support The REIT is continuing its active… [Read More]
TERRA FIRMA CAPITAL CORPORATION REPORTS FOURTH QUARTER & FULL YEAR 2019 FINANCIAL RESULTS
All amounts are stated in United States dollars unless otherwise indicated. Full Year 2019 Financial Highlights: Revenues increased by 23.9% to $16.7 million Total Investments(1) increased by 9.0% to $142.4 million Loan and mortgage syndication increased by 16.3% Adjusted net income and comprehensive income(2) increased by 56.4% to $3.0 million Adjusted basic and diluted earnings… [Read More]
Empire Company Limited Supports Small Supplier Partners During COVID-19 Crisis
STELLARTON, NS, April 2, 2020 /CNW/ – For over 113 years, Empire Company Limited (“Empire”) has been proud to partner with local Canadian businesses of all sizes. Our own humble beginnings started with a local entrepreneur, his family, and the help of trusted supplier partners. During this unprecedented time in the world, we know it’s more… [Read More]
ERES REIT ANNOUNCES REVISED TIMING OF FIRST QUARTER 2020 RESULTS & CONFERENCE CALL
TORONTO, April 01, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it has revised the previously announced timing of its financial results and conference call for the first quarter of 2020. It will now issue its financial results for the three months ended March 31, 2020 after markets… [Read More]
MELCOR POSTPONES ANNUAL GENERAL MEETING DATE
EDMONTON, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD) announced today that it is postponing its annual general meeting (AGM) until June 25, 2020 in response to the COVID-19 pandemic and the current restriction on gatherings of larger than fifteen people in Alberta. Darin Rayburn, President and Chief Executive Officer of Melcor… [Read More]
MELCOR REIT POSTPONES ANNUAL GENERAL MEETING DATE
EDMONTON, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) announced today that it is postponing its annual general meeting (AGM) until June 25, 2020 in response to the COVID-19 pandemic and the current restriction on gatherings of larger than fifteen people in Alberta. Darin Rayburn, President and Chief… [Read More]
Killam Apartment REIT Announces Timing of Q1 2020 Results and Webcast
HALIFAX, April 1, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the first quarter ended March 31, 2020, on Wednesday, May 6, 2020, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on Thursday,… [Read More]
FIRM CAPITAL PROPERTY TRUST PROVIDES UPDATE ON INSIDER ACQUISITION ACTIVITY
TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the âTrustâ), (TSXV: FCD.UN) is pleased to announce that since March 1, 2020, every member of the board of trustees including the Trustâs executive officers have acquired directly and/or indirectly 159,042 trust units for approximately $0.7 million or 0.5% of the total trust units… [Read More]
TIMBERCREEK FINANCIAL UPDATE ON COVID-19
TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (the “Company“) today published a letter from the CEO, Cameron Goodnough, regarding COVID-19, which is available here. For further information: Cameron Goodnough Chief Executive Officer and President 1-844-304-9967 cgoodnough@timbercreek.com About the Company Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration,… [Read More]
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