This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for… [Read More]
Genesis Reports 2019 Second Quarter Results
CALGARY, Aug. 7, 2019 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q2”) and six months (“YTD”) ended June 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), holding and developing a significant portfolio… [Read More]
MCAN Mortgage Corporation Announces Second Quarter Results for 2019
TORONTO, Aug. 7, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $8.9 million ($0.37 per share) for the second quarter ended June 30, 2019, a decrease of 20% from $11.1 million ($0.47 per share) in the second quarter of 2018. In the second quarter of 2019, we… [Read More]
Timbercreek Financial Announces 2019 Second Quarter Results
TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) announced today its financial results for the three months and six months ended June 30, 2019 (âQ2 2019â). Q2 2019 Highlights Maintained conservative portfolio risk position focused on income-producing commercial real estate 93.8% of net mortgage investment portfolio are first mortgages 86.1% of… [Read More]
Summit Industrial Income REIT Announces Strong Performance in Second Quarter 2019
TORONTO, Aug. 7, 2019 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today very strong operating and financial performance for the three and six months ended June 30, 2019. Six Months 2019 Highlights: Revenues up 60.5% on portfolio growth, high stable occupancies and rent increases. Industrial occupancy strong at 99.5%… [Read More]
RioCan REIT Announces $500 Million Offering of Series AB Senior Unsecured Debentures
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX:REI.UN) announced today that it has agreed to issue $500 million principal amount of Series AB senior unsecured debentures (the âDebenturesâ). The Debentures are being offered on an agency basis by… [Read More]
True North Commercial REIT Reports Q2 2019 Results
25% growth in revenue and NOI backed by high quality tenants /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Aug. 7, 2019 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the three and six months ended June 30, 2019. Highlights and Key… [Read More]
Consolidated HCI Holdings Corporation Announces its 2019 Third Quarter Results
CONCORD, ON, Aug. 7, 2019 /CNW/ – Consolidated HCI Holdings Corporation today announced its fiscal 2019 third quarter results. 3 months ended June 30 9 months ended June 30 2019 2018 2019 2018 ($000’s except earnings per share) Revenue $- $22 $5 $59 Net loss for the period $(63) $(74) $(297) $(278) Loss per share… [Read More]
Tricon Delivers Strong Q2 2019 Results Driven by Record Operating Metrics at Core Rental Business
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Aug. 7, 2019 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), a residential real estate company primarily focused on rental housing in North America, announced today its consolidated financial results for the three and six months… [Read More]
Invesque Announces August 2019 Dividend
/NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 7, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U) announced today a cash dividend in the amount of US$0.06139 per common share for the period from August 1, 2019 to August 30, 2019. The dividend will be payable on September… [Read More]
PROREIT Announces Agreements to Acquire a Group of 5 Industrial, 1 Office and 1 Mixed-use Industrial Properties for an Aggregate Purchase Price of $97.8 Million Concurrent with a $50 Million Bought Deal Public Offering of Trust Units
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITEDSTATES NEWS OR WIRE SERVICES./ 7 institutional quality assets comprising total GLA of 696,000 square feet Represents PROREIT’s continued growth as a high quality diversified REIT increasing the portfolio to 4.4 million square feet of GLA and $625 million of Gross Book Value1 pro forma… [Read More]
Morguard Corporation Announces 2019 Second Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON, Aug. 7, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and six months ended June 30, 2019. Reporting Highlights Total revenue increased by $13.7 million, or 4.7%, to $301.4 million for the three months ended June 30, 2019, compared to $287.7 million for… [Read More]
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