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Parkit Appoints Avi Geller as Interim CEO

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VANCOUVER, Oct. 30, 2018 /CNW/ – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has appointed Avi Geller as interim Chief Executive Officer of the Company.  Avi will work with David Delaney, Executive Chairman, to source new investments, monetize the existing portfolio of assets, and oversee the… [Read More]

Terra Firma Capital Corporation Update on Urbancorp Matters

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TORONTO, Oct. 29, 2018 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, provides the following update on various matters related to its loans in default with entities controlled or related to Urbancorp Inc. and its principals (the “Borrower”):

Boyuan Construction Announces Three New Residential Development Projects Valued at US$54.9 Million

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TORONTO, Oct. 29, 2018 /CNW/ – Boyuan Construction Group, Inc., (TSX: BOY, BOY.DB.A) today announced that it has commenced construction on three new residential projects with combined contract values of US$54.9 million. “While developments may have slowed in China’s top-tier cities, we remain well positioned to capitalize on development opportunities in smaller cities that are close… [Read More]

Celebrating the 100th anniversary of the Sun Life Building in Montréal

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Link to photo MONTRÉAL, Oct. 26, 2018 /CNW/ – Bentall Kennedy, property manager, on behalf of co-owners Sun Life Financial, Groupe Petra and Groupe Mach, marked the 100th anniversary of the Sun Life Building on the evening of October 24, 2018, at a special gathering of partners, tenants and friends. Inseparable from Montréal’s cityscape From… [Read More]

Pure Multi-Family REIT LP Announces Timing for the Release of Q3 Financial Results and Conference Call

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VANCOUVER, Oct. 25, 2018 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that it intends to release its financial results for the three and nine months ended September 30, 2018, after the close of the TSX Venture Exchange on Monday, November 5, 2018. Steve Evans, CEO, Samantha… [Read More]

BSR REIT Acquires Towne Park Property In Growing Northwest Arkansas Market

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LITTLE ROCK and TORONTO, Oct. 25, 2018 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has closed on the acquisition of Towne Park at Har-Ber Apartments (“Towne Park”), in Springdale, Arkansas, for US$28.9 million. The  transaction was funded utilizing BSR’s revolving credit facility. The addition of… [Read More]

Choice Properties Real Estate Investment Trust Announces Time Change for Third Quarter 2018 Conference Call

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TORONTO, Oct. 25, 2018 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it is changing the time of its conference call to discuss third quarter results on Thursday November 8, 2018 to 11:00 am (ET), from the previously announced time of 10:00 am (ET). All… [Read More]

Rush for Industrial Real Estate Continues as Investment Reaches Record High

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Rental market supply constraints continue to impede progress in most jurisdictions Canadian Economic Outlook & Market FundamentalsThird Quarter Update 2018 MISSISSAUGA, ON, Oct. 25, 2018 /CNW/ – Investment sales activity in the industrial sector continued its robust pace into the third quarter, according to the latest Research Report issued by Morguard Corporation (“Morguard”) (TSX: MRC). “Sales… [Read More]