TORONTO, ONTARIO–(Marketwired – Dec. 21, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of two first mortgage loans (the “Loan(s)”) to separate and unrelated borrowers in the U.S. totaling US$21.1 million (CDN$27.1 million). The Loans comprise a US$12.5 million (CDN$16.1 million) first mortgage loan… [Read More]
Trez Capital Mortgage Investment Corporation Announces December 2017 Distribution
TORONTO, Dec. 20, 2017 /CNW/ – Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the “Company”) announced today that its board of directors has declared a distribution of $0.0583 per Class A share of the Company. The distribution, which constitutes a return of capital, will be paid on January 15, 2018 to holders of Class A shares… [Read More]
Tricon Capital Group Completes $365 Million Single-Family Rental Securitization
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Dec. 20, 2017 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, announced today that Tricon American Homes… [Read More]
Automotive Properties REIT Extends and Increases Credit Facility
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 19, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced that it has replaced its existing $14.6 million revolving credit facility (“Facility 3”), maturing in October 2019, with a new $34.0 million credit facility (the… [Read More]
Genesis Land Development Corp. Announces Declaration of approximately $10.81 Million Special Dividend
CALGARY, Dec. 19, 2017 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), announces that its Board of Directors has declared a special cash dividend of $0.25 per common share for a total of $10,813,180.25 payable to shareholders of record on December 27, 2017, which will be paid on January 5, 2018. The ex-dividend date… [Read More]
Fiera Infrastructure Purchases UK-Based Rooftop Solar Assets
/NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TRANSACTION ADDS HIGH QUALITY RENEWABLE ENERGY ASSETS TO INVESTMENT PORTFOLIO TORONTO, Dec. 19, 2017 /CNW Telbec/ – Fiera Infrastructure Inc. (“Fiera Infrastructure”), a leading infrastructure management firm and an affiliate of Fiera Capital Corporation (“Fiera Capital” or the “Firm”) (TSX: FSZ),… [Read More]
CT REIT Completes Acquisition of Five Properties from RioCan REIT
TORONTO, Dec. 18, 2017 /CNW/ – Further to its press release issued on November 28, 2017, CT Real Estate Investment Trust (“CT REIT”) (TSX:CRT.UN) announced today that it has completed the purchase of five properties from RioCan Real Estate Investment Trust (“RioCan”) at a total investment of $135 million, before transaction costs. The properties are located… [Read More]
Home Capital Announces New Chief Information Officer and Other Executive Leadership Appointments
TORONTO, Dec. 18, 2017 /CNW/ – Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that Victor DiRisio will be joining the Company as the new Chief Information Officer (CIO), effective January 1, 2018, reporting directly to President and Chief Executive Officer, Yousry Bissada. Mr. DiRisio will lead the Company’s Information Technology… [Read More]
True North Commercial Real Estate Investment Trust Continues Urban Growth in GTA with the Acquisition of a BOMA Award Winning 78,800 square foot Class “A” Office Building
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 18, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has agreed to acquire (the “Acquisition“) a 78,800 square foot Class “A” office property located at 3115 Harvester Road, Burlington, Ontario (the “Harvester Property“). The… [Read More]
Granite REIT Declares December 2017 Distribution
TORONTO, Dec. 18, 2017 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution on Granite’s stapled units of CDN$0.227 per stapled unit. The distribution will be paid by Granite on January 16, 2018 to stapled unitholders of record at the… [Read More]
Pure Industrial Real Estate Trust Announces Core Acquisitions and Non-Core Dispositions
VANCOUVER, Dec. 18, 2017 /CNW/ – Pure Industrial Real Estate Trust (TSX: AAR.UN) (the “Trust”) announced today the following transactions: $32.0 million (US$25.0 million) acquisition of a core asset in Fort Worth, Texas; $61.4 million (US$48.0 million) agreement to acquire a core asset in Fort Worth, Texas; $46.7 million (US$36.5 million) acquisition of a core asset… [Read More]
Plaza Retail REIT Announces December 2017 Distribution
FREDERICTON, Dec. 18, 2017 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its December 2017 monthly distribution in the amount of $0.0225 per unit ($0.27 annualized). The December distribution will be payable on January 15, 2018 to unitholders of record as at December 29, 2017. Under Plaza’s Distribution Reinvestment Plan (“DRIP”) unitholders are… [Read More]
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