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Artis Real Estate Investment Trust Provides Update on Development Projects and Property Acquisitions and Dispositions

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WINNIPEG, Dec. 21, 2017 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) provided today an update on development projects, Park Lucero and Park 8Ninety, located in Arizona and Texas. Artis also announced that it has acquired a portfolio of three industrial properties in Colorado and Arizona, that it has entered… [Read More]

Buying a home in Canada is less affordable than any time since 1990: RBC Economics

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Vancouver affordability measure reaches worst-ever level for any market in Canada in the third quarter of 2017 Historically-stretched affordability also recorded in Toronto and Victoria Tensions may be rising for buyers in Ottawa and Montreal The likelihood of interest rate increases in 2018 threatens to boost home ownership costs further across Canada TORONTO, Dec. 21,… [Read More]

Terra Firma Capital Corporation Announces Closing of Two First Mortgage Transactions in Two Projects Totalling US$21.1 Million (CDN$27.1 Million) and Stock Option Grants

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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]

Tricon Capital Group Completes $365 Million Single-Family Rental Securitization

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/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

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 /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

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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

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/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

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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

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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

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/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]