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H&R REIT Announces $250 Million, Five-Year Unsecured Term Loan

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TORONTO, March 7, 2019 /CNW/ – H&R Real Estate Investment Trust (“H&R”) (TSX: HR.UN) announced today that it has entered into a $250 million, committed five-year senior unsecured, non-revolving term loan (the “Term Loan”) with a Canadian chartered bank. Unless otherwise extended, the Term Loan will mature in March 2024. H&R has, through an interest… [Read More]

Holloway Lodging Corp. announces sale of Days Inn® and Travelodge® hotels in Moncton, NB

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/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, March 7, 2019 /CNW/ – Holloway Lodging Corporation (TSX: HLC) (TSX: HLC.DB) (“Holloway”) is pleased to announce that it has sold the Days Inn® and Travelodge® hotels located in Moncton, NB. The sale price for the hotels was $14.0 million representing… [Read More]

Holloway Lodging Corporation Reports 2018 Year End Results and Declares Quarterly Dividend

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/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, March 7, 2019 /CNW/ – Holloway Lodging Corporation (TSX: HLC) (TSX: HLC.DB) (“Holloway”) today announced financial results for the year ended December 31, 2018.  All amounts are presented in thousands of Canadian dollars, except earnings per share amounts, unless otherwise indicated.  Readers… [Read More]

Northwest Healthcare Properties Real Estate Investment Trust Releases Strong Fourth Quarter 2018 and Year-end Results and Continued Execution on Strategic Priorities

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TORONTO, March 7, 2019 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, today announced its results for the three and twelve months ended December 31, 2018. Commenting on recent developments at the REIT, Paul Dalla Lana, CEO, said: “2018 was a… [Read More]

Cominar Announces Fiscal 2018 Results

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QUÉBEC CITY, March 7, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the fourth quarter and fiscal year ended December 31, 2018. “During 2018 we completed several important initiatives resulting in a return to organic growth, strengthening our balance sheet, the reduction… [Read More]

Starlight U.S. Multi-Family (No. 5) Core Fund Announces Fourth Quarter and 2018 Financial Results With Improved Occupancy Driving Same Property Revenue Growth of 3.9%

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 6, 2019 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSXV: STUS.A) (TSXV: STUS.U) (the “Fund”) announced today its results of operations and financial condition for the three months ended December 31, 2018 (the “Fourth Quarter”) and for… [Read More]

Starlight U.S. Multi-Family (No. 1) Value-Add Fund Announces Fourth Quarter and 2018 Financial Results Including Fourth Quarter Same Property NOI Growth of 7.6%

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 6, 2019 /CNW/ – Starlight U.S. Multi-Family (No. 1) Value-Add Fund (TSXV: SUVA.A) (TSXV: SUVA.U) (the “Fund”) announced today its results of operations and financial condition for the three months ended December 31, 2018 (the “Fourth Quarter”) and for… [Read More]

American Hotel Income Properties REIT LP Reports Fourth Quarter and Annual 2018 Results

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2018 annual revenues increased 11.5%; total portfolio RevPAR increased 2.9% from prior year Major renovations at six hotels substantially completed during 2018 Q4 2018 RevPAR for Economy Lodging Hotels increased 8.4% Q4 2018 revenues declined 3.2% due to hotel renovation activity and strong demand in Florida during Q4 2017 related to Hurricane Irma Appointment of… [Read More]

Bridgemarq Real Estate Services Reports Annual Results and Monthly Dividend

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TORONTO, March 6, 2019 /CNW/ – Brookfield Real Estate Services Inc. (dba Bridgemarq Real Estate Services) (“Bridgemarq” or the “Company”) (TSX: BRE), a leading provider of services to residential real estate brokers and their REALTORS®1, today announced its 2018 annual financial results and the approval of a monthly dividend to holders of the Company’s restricted voting… [Read More]