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Nexus REIT Announces the Acquisition of a Three-Property Industrial Portfolio in an All-Unit Deal

January 6, 2020 By Globenewswire Tagged With: TSX-V:NXR.UN

TORONTO and MONTREAL, Jan. 06, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) is pleased to announce that it has entered into an unconditional agreement to acquire three single-tenant industrial properties located in Regina and Saskatoon, Saskatchewan which total 231,700 square feet of gross leasable area. The three-property portfolio will… [Read More]

Imperial Equities Declares Quarterly Dividend

January 6, 2020 By NewsWire Tagged With: TSX VENTURE:IEI

EDMONTON, Jan. 6, 2020 /CNW/ – Imperial Equities Inc. (TSX-V:IEI) through its Board of Directors has declared a quarterly dividend of $0.025 per share effective Q1, 2020, payable on January 31, 2020 to shareholders of record effective January 13, 2020.     “Bringing back the dividend expresses gratitude to our shareholders for their loyalty and confidence in… [Read More]

CORRECTION et REMPLACEMENT : FPI Nexus annonce ses résultats pour le troisième trimestre de 2019, ainsi que la distribution de décembre 2019

January 3, 2020 By Globenewswire Tagged With: TSX-V:NXR.UN

MONTRÉAL et TORONTO, 03 janv. 2020 (GLOBE NEWSWIRE) — Dans le communiqué de presse diffusé le 19 novembre 2019 par Nexus REIT (TSXV: NXR.UN), veuillez noter que dans la section Distribution de décembre, on aurait dû lire au premier paragraphe : « …payable le 15 janvier 2020 aux détenteurs de parts inscrits au 31 décembre… [Read More]

CORRECTING and REPLACING — Nexus REIT Announces Q3 2019 Results and December 2019 Distribution

January 3, 2020 By Globenewswire Tagged With: TSX-V:NXR.UN

TORONTO and MONTREAL, Jan. 03, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on November 19, 2019 by Nexus REIT (TSXV: NXR.UN) please note that in the December Distributions section, the first paragraph should read “payable January 15, 2020 to unitholders of record as of December 31, 2019”, not “payable December… [Read More]

Killam Apartment REIT Announces Timing of 2019 Results and Webcast

January 2, 2020 By NewsWire Tagged With: TSX:KMP.UN

HALIFAX, Jan. 2, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the year ended December 31, 2019, on Wednesday, February 12, 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, February 13,… [Read More]

Imperial Equities announces the purchase of the Wajax Building in Nisku Industrial Park

January 2, 2020 By NewsWire Tagged With: TSX VENTURE:IEI

EDMONTON, Jan. 2, 2020 /CNW/ – Imperial Equities Inc. (“Imperial”) today has announced it has finalized the purchase of the Wajax Building in Nisku Industrial Park, Leduc County, Alberta. The transaction, which closed on December 30, 2019, is a sale lease-back arrangement, valued at $6,670,000.00.  The 37,200 square foot industrial building is located at 1403 –… [Read More]

Firm Capital American Realty Partners Corp. Completes Conversion to an Investment Trust Pursuant to a Plan of Arrangement

January 2, 2020 By NewsWire Tagged With: TSX VENTURE:FCA, TSX VENTURE:FCA.U

(All amounts are in US Dollars unless otherwise stated.) TORONTO, Jan. 2, 2020 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV: FCA.U), (TSXV: FCA) today announced that it has completed its previously announced statutory plan of arrangement (the “Arrangement”) under the Business Corporations Act (Ontario) pursuant to which the Company converted from… [Read More]

Timbercreek Financial Extends Term of Revolving Credit Facilities

December 30, 2019 By Globenewswire Tagged With: TSX:TF

TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to announce that on December 20, 2019, the Company entered into an amendment to its existing revolving credit facilities to extend the term of the facility for an additional year to December 18, 2021.  A syndicate… [Read More]

Morguard North American Residential REIT Completes Acquisition of Luxury Residential Complex in Downtown Chicago

December 30, 2019 By NewsWire Tagged With: TSX:MRG.UN

The REIT has acquired the remaining interest in the Marquee at Block 37, a premium multi-suite residential property at the heart of Chicago’s coveted Loop MISSISSAUGA, ON, Dec. 30, 2019 /CNW/ – Morguard North American Residential REIT (TSX: MRG.UN) (the “REIT”) completed the acquisition of the remaining 51% ownership interest in the luxury residential complex, the Marquee at… [Read More]

First Capital Realty Completes Conversion to a Real Estate Investment Trust

December 30, 2019 By NewsWire Tagged With: TSX:FCR

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 30, 2019 /CNW/ – First Capital Real Estate Investment Trust (the “REIT” or “First Capital”), one of Canada’s leading developers, owners and operators of mixed-use urban real estate in Canada’s most densely populated centres, is pleased to announce that the… [Read More]

Invesque Inc. Closes on Acquisition of the Final Three Communities Comprising the Commonwealth Senior Living Portfolio Transaction

December 24, 2019 By NewsWire Tagged With: TSX:IVQ, TSX:IVQ.U

TORONTO, Dec. 24, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U and IVQ) (“Invesque” or the “Company”) announced the closing of the previously announced acquisition of three private pay senior living communities comprising 196 units with 234 beds (the “Second Tranche“). The closing represents the last three communities comprising the Commonwealth Senior Living (“CSL”) portfolio transaction announced on… [Read More]

CAPREIT Appoints New Member of Board of Trustees

December 24, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. René Tremblay has been appointed as a member of CAPREIT’s Board of Trustees effective January 1, 2020. Mr. Tremblay has over 35 years of experience in the real estate industry, having been involved in international investment… [Read More]

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