REIT REPORT

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Crombie REIT Announces First Quarter 2019 Results

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NEW GLASGOW, NS, May 9, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced results for its first quarter ended March 31, 2019. Management will host a conference call to discuss the results at 12:00pm (ET), May 9, 2019. “Crombie’s focused strategy is evolving nicely with our relationship with Sobeys unlocking value from… [Read More]

Partners REIT Provides Update

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TORONTO, May 08, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) today announced that it has closed the previously announced sale of its eleven retail properties in Québec (the “Québec Sale Transaction”). Partners also announced a special cash distribution to all unitholders (“Unitholders”) of the REIT of a… [Read More]

Dream Alternatives Reports First Quarter Results

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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, May 08, 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]

Melcor Developments announces first quarter results, declares quarterly dividend of $0.13 per share

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EDMONTON, Alberta , May 08, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2019. Revenue for the quarter was $34.88 million, down 21% over Q1-2018. Lower sales in the Community Development division led to a 53% decrease… [Read More]

Eclipse Residential Mortgage Investment Corporation Approves Proposed Transaction

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TORONTO, May 08, 2019 (GLOBE NEWSWIRE) — (TSX: ERM)  Eclipse Residential Mortgage Investment Corporation (“Eclipse”) is pleased to announce that at a special meeting of holders (the “Shareholders”) of common shares (the “Common Shares”) held today, Shareholders approved a special resolution approving (i) the sale of all or substantially all of the assets of Eclipse… [Read More]

Terra Firma Capital Corporation Announces The Closing Of Two Land Banking Transactions Totaling US$24 Million (CDN$33 Million) In Austin, Texas

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TORONTO, May 07, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of two land banking transactions (the “Investments”) totaling US$24 million (CDN$33 million) in two separate locations in the Austin MSA.  Both sites will be developed by a local well known developer. … [Read More]

Terra Firma Capital Corporation Announces the Expansion of Its U.S. Credit Facility With Texas Capital Bank to US$35 Million (CDN$47 Million)

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TORONTO, May 06, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the expansion of its current debt facility with Texas Capital Bank from US$20 million to US$35 million.  The expanded debt facility will be utilized to support the funding of additional loans and investments… [Read More]