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Terra Firma Capital Corporation Announces the Closing of a First Mortgage Loan Totaling US$24.4 Million in Austin, Texas

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US$24.4 million loan origination represents largest transaction to date 2019 year-to-date loan originations at approximately US$88.5 million TORONTO, Oct. 01, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of a first mortgage loan (the “Loan”) totaling US$24.4 million secured by a 422… [Read More]

RioCan expands existing partnerships to drive mixed-use development in Ottawa and the Greater Toronto Area (GTA)

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TORONTO, Oct. 01, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”, TSX:REI.UN) is pleased to announce additional transactions with existing partners, Killam Apartment Real Estate Investment Trust (“Killam”, TSX:KMP.UN) and Boardwalk Real Estate Investment Trust (“Boardwalk”, TSX:BEI.UN). Killam has entered into a firm agreement to purchase a 50% interest in a discrete portion… [Read More]

Holloway Lodging Corporation announces sale of three hotels in Atlantic Canada

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/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Sept. 30, 2019 /CNW/ – Holloway Lodging Corporation, a Clarke Inc. Company, (“Holloway”) is pleased to announce that it has sold the Holiday Inn Express® hotel in Stellarton, NS the Travelodge® hotel in New Glasgow, NS and the Travelodge® hotel… [Read More]

ERES REIT Announces Timing of Third Quarter 2019 Results & Conference Call

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TORONTO, Sept. 30, 2019 (GLOBE NEWSWIRE) — (CNW) European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2019 after markets close on: Tuesday, November 12, 2019 A conference call hosted by Phillip Burns, Chief Executive Officer and the… [Read More]

CAPREIT Completes Sale of Netherlands Property Portfolio

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TORONTO, Sept. 30, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the sale of a portfolio comprised of 18 properties representing an aggregate of 942 residential suites in seven urban centres in the Netherlands to European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”). Total proceeds… [Read More]

Choice Properties Real Estate Investment Trust Completes $426 Million Portfolio Disposition

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TORONTO, Sept. 30, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it has completed its previously announced disposition of a 30 property portfolio (the “Portfolio”) for an aggregate sale price of approximately $426 million (the “Transaction”) to an affiliate of Oak Street Real Estate… [Read More]

WPT Industrial REIT Announces Timing of Third Quarter 2019 Results & Conference Call

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TORONTO, Sept. 30, 2019 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U – OTCQX: WPTIF) will issue its results for the quarter ended September 30, 2019 on the afternoon of Wednesday, November 13, 2019. A conference call hosted by the REIT’s management team will be held on Thursday, November 14, 2019… [Read More]

ERES Reit Announces Closing of €227MM Netherlands Portfolio Acquisitions

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TORONTO, Sept. 30, 2019 /CNW/ – European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES“) and Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN, “CAPREIT“) are pleased to announce the closing of the previously announced acquisition by ERES from CAPREIT (the “Eagle Acquisition“) of a portfolio comprised of 18 properties, representing an aggregate of 942 residential suites… [Read More]

Genesis Announces Closing of Residential Development Land in North Calgary for $23.7 Million

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CALGARY, Sept. 30, 2019 /CNW/ – Genesis Land Development Corp. (“Genesis”) is pleased to report that the previously announced acquisition of approximately 130 developable acres of future residential development land (the “Land”) in north Calgary has closed. The purchase price of $23.7 million was paid for with a cash payment at closing of $5.1 million, which was… [Read More]

H&R REIT Secures 10-Year Financing for Jackson Park

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TORONTO, Sept. 27, 2019 /CNW/ – H&R Real Estate Investment Trust (“H&R”) (TSX: HR.UN) announced today that its wholly-owned subsidiary, H&R REIT (U.S.) Holdings Inc., together with its partners, has closed a U.S. $1 billion interest-only first mortgage financing for Jackson Park (U.S. $500 million, at H&R’s ownership interest).  H&R, together with its partners, entered… [Read More]

Pure Multi-Family REIT LP Announces Closing of Plan of Arrangement with Cortland

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VANCOUVER, Sept. 27, 2019 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSX: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today the closing of the previously-announced plan of arrangement pursuant to which an affiliate of Cortland Partners, LLC (“Cortland”) acquired all of the outstanding: (i) Class A units of Pure Multi-Family (each, a “Class A Unit”)… [Read More]