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Invesque Inc. Announces Upsize of Previously Announced Private Placement and Receipt of Shareholder Approval by Way of Consents

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TORONTO, Feb. 2, 2018 /CNW/ – Invesque Inc. (TSX: HLP-U) (“Invesque” or the “Company“) today announced an upsize to its previously announced private placement (the “Private Placement“) of class A convertible preferred shares to certain funds managed by Magnetar Financial LLC (collectively, “Magnetar“). The Company also announced that it has obtained consents from disinterested shareholders of… [Read More]

NorthWest Healthcare Properties Real Estate Investment Trust Announces Significant Acquisition, Disposition, and Refinancing Activity and Timing of Fourth Quarter 2017 Results

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TORONTO, Feb. 1, 2018 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) is pleased to announce that it has entered into definitive agreements to acquire three German medical office properties and two German post-acute care hospitals (the “German Acquisitions”), and five hospitals in Australia and New Zealand for an aggregate purchase… [Read More]

NorthWest Healthcare Properties REIT Announces Changes to Board of Trustees

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TORONTO, Feb. 1, 2018 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN)  (“NorthWest” or the “REIT“) announced today changes to its board of trustees following the unfortunate passing of Dr. Martin Barkin on January 22, 2018. Dr. Barkin had been NorthWest’s Lead Independent Trustee since 2015 and Chair of its Compensation, Governance and… [Read More]

Granite REIT Completes Sale of $400 Million of Properties and Enters Into a New 5-Year $500 Million Unsecured Credit Facility

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TORONTO, Feb. 1, 2018 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that it has completed the sale of ten properties, including three special purpose properties, for a purchase price of approximately $400 million (the “Sale Transactions”) to third party buyers who are not affiliated with Magna International Inc. … [Read More]

Clarocity Corporation Issues Shares as Interest Payment on Credit Facility

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CALGARY, Feb. 1, 2018 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it will issue 1,325,585 common shares to debentureholders in lieu of cash as consideration for interest payments due January 31, 2018, for the aggregate amount of $114,000. Under the terms of the Company’s indentures dated May 8, 2017,… [Read More]

Invesque Doubles Size of Portfolio After Closing Acquisition of Care Investment Trust

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TORONTO, Feb. 1, 2018 /CNW/ – Invesque Inc. (TSX: HLP.U) (the “Company“) announced today the completion of the previously announced acquisition of Care Investment Trust, LLC (“Care”) from Tiptree Inc. (NASDAQ:TIPT) (“Tiptree”). The completion of the transformative acquisition improves diversification, increases exposure to the private pay sector, and enhances the scale of the portfolio and investment… [Read More]

Starlight U.S. Multi-Family (No. 5) Core Fund Improves Average Portfolio Vintage to 2012 with Acquisition in Orlando, Florida

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 1, 2018 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund”) announced today it has acquired Altis at Sand Lake (“Sand Lake”), a 315-suite multi-family property completed in 2016 and located in Orlando, Florida at… [Read More]

Plaza Retail REIT Partners with Canadian Pension Fund to Increase its Interests and Returns in Two Moncton-area Plazas

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FREDERICTON, Feb. 1, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has increased its interest in each of two Moncton-area plazas from 10% to 50%, with a Canadian pension fund buying the other 50% on a co-ownership basis. Both properties were previously co-owned with Plaza through two retail… [Read More]

Invesque Continues Growth with Acquisition of Newly Developed Facility in Texas

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TORONTO, Jan. 31, 2018 /CNW/ – Invesque Inc. (TSX: HLP.U) (the “Company“) announced today it has acquired a recently constructed, 70 bed post-acute transitional care facility located in Round Rock, Texas from Mainstreet Property Group, LLC for approximately US$22.8 million. The property is subject to a long-term triple net lease. The acquisition adds Rapid Recovery… [Read More]

Artis Real Estate Investment Trust Announces Closing of $125 Million Cumulative Minimum Rate Reset Preferred Trust Units, Series I

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WINNIPEG, Jan. 31, 2018 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it closed its previously announced public offering, through a syndicate of underwriters led by TD Securities Inc., RBC Capital Markets and Scotiabank (collectively the “Underwriters”), on a bought deal basis, of 5,000,000 cumulative minimum rate… [Read More]

Manulife Enters Australian Real Estate Market

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Acquires 800 Collins Street in Melbourne TSX/NYSE/PSE: MFCSEHK:945 TORONTO, Jan. 31, 2018 /CNW/ – Manulife Real Estate today announced that it has acquired 800 Collins Street, a 14-storey, 317,335 square foot, Class A office tower located in Melbourne, Australia. 800 Collins Street was built in 2010 and is fully leased. This transaction is the first Australian… [Read More]