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Clarocity Corporation Issues Shares as Interest Payment on Credit Facility

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CALGARY, April 5, 2018 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it will issue 5,351,210 common shares to debentureholders in lieu of cash as consideration for interest payments due March 31, 2018, for the aggregate amount of $299,668. Under the terms of the Company’s indentures dated May 8, 2017… [Read More]

Granite Acquires Two Properties in the United States and Provides Leasing Update

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TORONTO, April 5, 2018 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) ) announced today that it recently acquired two properties in the United States consisting of approximately 1.0 million square feet of gross leasable area  for  a total purchase price of US$74.1million. One of the properties (0.4 million square feet)… [Read More]

Morguard North American Residential REIT 2018 First Quarter Results Conference Call

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MISSISSAUGA, ON, April 5, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “Trust”) (TSX: MRG.UN), invites you to participate in a conference call on Thursday, May 3, 2018 at 3:00 p.m. (ET) to discuss the financial results for the quarters ended March 31, 2018 and 2017. An overview of the Trust’s financial… [Read More]

Akumin Secures Rights for Potential Acquisition of Four Centers with US$12 Million in Revenues

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/NOT FOR DISTRIBUTION IN THE UNITED STATES/ TORONTO, April 5, 2018 /CNW/ – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin“) announced today that it has entered into a management agreement with the owners of four centers located in one of Akumin’s core geographic markets (the “Potential Acquisition“).  Under the management agreement, Akumin has the right to… [Read More]

Toronto sees short-term affordability relief for homebuyers: RBC Economics

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RBC’s housing affordability measure for Canada improves for the first time in more than two years in the fourth quarter of 2017 An easing in Toronto’s detached home prices provided most of the relief Vancouver-area buyers faced the most significant deterioration in RBC’s aggregate affordability measure TORONTO, April 5, 2018 /CNW/ – Housing affordability improved… [Read More]

Artis Real Estate Investment Trust Announces Voting Support Agreement with Sandpiper

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TORONTO, April 4, 2018 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has entered into a voting support agreement with Sandpiper Group pursuant to which Artis has agreed to include Lauren Zucker on its slate of trustee candidates for its upcoming 2018 Annual General Meeting. “As a… [Read More]

Tricon Launches Single-Family Rental Securitization Transaction; On Track to Complete Refinancing Initiatives

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, April 4, 2018 /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 (“TAH”) has launched the offering of… [Read More]

Morguard Corporation Increases Ownership Position in Temple Hotels Inc.

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MISSISSAUGA, ON, April 4, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has acquired 549,895 common shares (the “Common Shares”) of Temple Hotels Inc. (TSX: TPH) (“Temple”) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems on March 27, 2018 at a price of $2.65 per Common Share…. [Read More]

R&R REIT Announces Agreement to Sell Three Hotel Properties for US$10.2 Million

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, April 3, 2018 /CNW/ – R&R Real Estate Investment Trust (the “REIT“) (TSXV: RRR.UN) today announced that it has, through certain of its subsidiaries, entered into an agreement to sell three of its hotel properties (the “Disposition Properties“) for… [Read More]