In the news release “$11.1 Million Sale by Genesis of Two Sites in Sage Meadows” issued yesterday, December 5, 2017, by Genesis Land Development Corp. (“Genesis”) (TSX: GDC), the headline should read “$10.5 Million Sale by Genesis of Two Sites in Sage Meadows” rather than “$11.1 Million” and the aggregate sale price of the Lands… [Read More]
PROREIT Closes Acquisition of 19-Property Portfolio Anchored Primarily by Rexall Pharmacies
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, Dec. 6, 2017 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSXV: PRV.UN) is pleased to announce that it has closed its previously announced acquisition of 19 properties (the “portfolio“) in British Columbia, Alberta, Saskatchewan and… [Read More]
Tricon Capital Group Launches Single-Family Rental Securitization Transaction
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Dec. 6, 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 Tricon American Homes (“TAH”) has launched the offering of a… [Read More]
Mosaic Capital Corporation Announces Monthly Dividend on its Common Shares
CALGARY, Dec. 6, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols:M and M.DB) is pleased to announce that its board of directors has approved a monthly dividend on Mosaic’s common shares of $0.035 per share (or $0.42 per share on an annualized basis). This dividend will be paid December 31, 2017 to holders of… [Read More]
Clarocity Corporation Receives MOR RV2 Vendor Ranking from Morningstar for Second Consecutive Year
CARLSBAD, CA, Dec. 6, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity”), a leading provider of residential valuation technology and solutions, is pleased to announce that Morningstar Credit Ratings, LLC affirmed its MOR RV2 residential-vendor ranking for the second consecutive year. Morningstar affirmed a Stable outlook for the ranking. “As we are… [Read More]
$11.1 Million Sale by Genesis of Two Sites in Sage Meadows
CALGARY, Dec. 5, 2017 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), is pleased to announce that it has entered into an agreement with a third party builder for the sale of lands in the community of Sage Meadows, located in north west Calgary, Alberta (the “Lands”). The Lands are a part of Phase… [Read More]
True North Commercial REIT announces renewal of normal course issuer bid
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 5, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) today announced it has received approval from the Toronto Stock Exchange (“TSX“) to renew its existing normal course issuer bid (the “NCIB“) for a further twelve month period…. [Read More]
Choice Properties Real Estate Investment Trust Provides Acquisition Update
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 5, 2017 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today completed the acquisition of a portfolio of five properties from certain subsidiaries of Loblaw Companies Limited (collectively, “Loblaw”). Choice Properties also provides… [Read More]
Terra Firma Capital Corporation Announces Resignation of Director
TORONTO, ONTARIO–(Marketwired – Dec. 5, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, announces that Mr. Reuben Rosenblatt, QC has resigned from the Board of Directors, effective immediately to focus on his other professional commitments. Mr. Rosenblatt has been a director of the Company since… [Read More]
Cominar Real Estate Investment Trust Announces December 2017 Monthly Distribution
QUEBEC CITY, Dec. 5, 2017 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today a distribution of 9.50 cents per unit to unitholders of record as at December 15, 2017, payable on December 29, 2017. PROFILE AS AT DECEMBER 5, 2017Cominar is the third largest diversified real estate investment trust… [Read More]
Clarocity and CIS Group Announce Strategic Collaboration to Expand Valuation Field Services
CARLSBAD, CA, Dec. 5, 2017 /CNW/ – Clarocity Inc. a subsidiary of Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity”) and CIS Group have entered into a strategic collaboration arrangement with the intent to expand field services to support the next-generation of real estate valuation. “We’re pleased to announce this strategic alliance between CIS Group… [Read More]
Melcor Announces $80.875 Million Sale to Melcor REIT
EDMONTON, AB–(Marketwired – December 04, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced today that it has agreed to sell a portfolio of five commercial properties comprised of 172,629 sf gross leasable area (GLA) at ownership percentage to Melcor Real Estate Investment Trust (the REIT) for… [Read More]
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