TORONTO, Nov. 12, 2019 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) announced today that it has changed its auditors from PricewaterhouseCoopers LLP (“Former Auditor“) to KPMG LLP (“Successor Auditor“) effective November 5, 2019. At the request of the Trust, the Former Auditor resigned as the auditor of the Trust effective… [Read More]
Firm Capital American Realty Partners Corp. Announces Change in Auditor
TORONTO, Nov. 12, 2019 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV: FCA.U), (TSXV: FCA) announced today that it has changed its auditors from PricewaterhouseCoopers LLP (“Former Auditor“) to KPMG LLP (“Successor Auditor“) effective November 5, 2019. At the request of the Company, the Former Auditor resigned as the auditor of the Company… [Read More]
BTB announces its distribution for the month of November 2019
MONTRÃAL, Nov. 12, 2019 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of November 2019 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on December 16, 2019 to unitholders of record on November 29, 2019…. [Read More]
Firm Capital Property Trust Provides Update to Previously Announced Private Placement
TORONTO, Nov. 8, 2019 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) announced today that it will be increasing the maximum size of its previously announced (see press releases dated September 25, 2019 and October 29, 2019) non-brokered private placement (the “Private Placement“) of trust units (“Trust Units“) at a price… [Read More]
MCAN Mortgage Corporation Announces Third Quarter Results for 2019
TORONTO, Nov. 8, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $14.6 million ($0.60 per share) for the third quarter ended September 30, 2019, an increase of 32% from $11.0 million ($0.47 per share) in the third quarter of 2018. In the third quarter of 2019, we recorded… [Read More]
BSR Real Estate Investment Trust Files Final Base Shelf Prospectus
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES./ LITTLE ROCK, AR and TORONTO, Nov. 8, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has filed and obtained a receipt for its final short form base shelf prospectus (the “Shelf… [Read More]
BSR REIT Announces Sale of Nine Noncore Assets for $119.2 Million
LITTLE ROCK, AR and TORONTO, Nov. 8, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has sold nine noncore assets, comprising 1,423 apartment units, as part of the REIT’s portfolio enhancement and capital recycling strategy. The gross consideration of $119.2 million is in line with… [Read More]
Cominar Announces 2019 Third Quarter Results, Continued Improvement in Organic Growth and Meaningful Results from Strategic Plan
QUÃBEC CITY, Nov. 8, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the quarter ended September 30, 2019. 2019 THIRD QUARTER â HIGHLIGHTS FFO(1) per unit (excluding restructuring costs) was $0.29 unchanged from Q3 2018 3.8% growth in same property NOI(1)…. [Read More]
Cominar pursues the transformation of its management team
QUÃBEC CITY, Nov. 8, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its new and more efficient organizational structure, aligned with the dynamic needs of its markets. Bernard Poliquin is joining the team as Executive Vice President, Office and Chief Real Estate Operations Officer and will… [Read More]
Firm Capital Property Trust Reports Highest NOI Since Inception and +4% Distribution Increase
TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2019 along with its seventh distribution increase in seven years. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 73 commercial properties with a… [Read More]
Chartwell Announces Third Quarter 2019 Results
MISSISSAUGA, ON, Nov. 7, 2019 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the third quarter ended September 30, 2019. Highlights Same property adjusted net operating income (“NOI”) (1) increased by 1.7% in Q3 2019 and 2019 YTD Funds from operations (“FFO”) (1) per unit of $0.25 and $0.68 in Q3… [Read More]
Northview Apartment REIT Announces Q3 2019 Financial Results, Multi-Family Same Door NOI Growth of 4.4%, Fair Value Gains of $122 Million and Reduced Leverage
CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (âNorthviewâ) (NVU.UN â TSX), today announced financial results for the three and nine months ended September 30, 2019. HIGHLIGHTS Same door NOI increase of 3.4%, including a 4.4% increase for the multi-family business segment, with increases in all regions in the… [Read More]
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