• Sign up for the Daily Digest Email!
  • Twitter
  • Facebook
  • Google Plus One
  • RSS

REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

  • Home
  • Headlines
  • Daily Digest Email
  • Canadian REITs

Healthier Air in Offices and Homes with Ventilated Interior Door from VanAir

February 29, 2024 By Business Wire

Innovative Door Delivering Superior Air Circulation and Sound Privacy Showcased at IBS 2024

VANCOUVER, Canada–(BUSINESS WIRE)–Introducing the most significant innovation in the interior-door market in years, VanAir unveils the VanAir Door, featuring a patented, built-in ventilation system, exceptional acoustics, and superb aesthetics. Designed for both commercial and residential applications, the VanAir Door features staggered slot openings on the door’s opposing faces to create a unique through-door airflow channel for enhanced air circulation. The new VanAir Door is being showcased at the International Builder Show (IBS) in Las Vegas, in the BC Wood booth, C2449, Central Hall.




The need for ventilated doors is acute. Indoor air quality is critical for a healthy living environment. Air circulation helps reduce air pollutants such as CO2, which can lead to respiratory illnesses, poor sleep, and breathing disorders. Proper ventilation also helps dissipate humidity to prevent mold and bacteria growth in bathrooms, balances air pressure and temperatures throughout a building, and prevents heat buildup in laundry and mechanical rooms.

Aesthetically, the VanAir Door allows architects and interior designers to avoid unsightly vents, grills, and louvers, while meeting the most stringent building codes. The new ventilated door can be installed in a wide variety of interior environments, including commercial spaces, single and multi-family residential housing, hotels, schools, and healthcare facilities.

The VanAir Door also delivers outstanding sound privacy, with sound absorption on par with solid-core doors. Built-in acoustic baffles isolate sound at both low and high frequencies, achieving an independently-tested Sound Transmission Class (STC) rating of 26.

“We’ve needed a higher-performing interior door in our homes and in our workplaces for decades, one designed to promote better air quality and healthier indoor environments,” said Vick Yau, Co-Founder, VanAir. “The technology we’ve integrated into our VanAir Door not only promotes superior air quality, it offers outstanding acoustic performance, and has a look architects and interior designers covet.”

VanAir Door specs:

  • Designed to fit standard 1-3/4” and 1-3/8” door openings.
  • Available up to 4’0” in width and 10’0” in height.
  • Suitable for hinged, pocket, double door, and sliding applications.
  • Accepts all standard hardware, closers, and sweeps.
  • Provides the equivalent airflow of a 12” x 12” louver.
  • Delivers the sound privacy of a solid core door.
  • Available pre-primed for custom painting, or in five rich wood-grain finishes: Ash, Fir, Oak, Sapele, and Walnut.

For more information on the VanAir Door, visit VanAir or call 844 -757-6437

About VanAir

Inventor of state-of-the-art acoustical and ventilating solutions for interior doors, Vancouver BC-based VanAir is dedicated to the creation of aesthetically designed doors that provide better airflow and sound privacy throughout interior spaces. Designed for both work and home-living spaces, VanAir serves the commercial, multifamily, and single-family residence markets. The patented VanAir Door is available throughout North America. For more information, visit www.vanairdesign.com.

Contacts

Ray Vincenzo

rayvincenzo@vincenzomarketing.com
(206) 290-4431

Colliers International Group Inc. Completes US$300 Million Bought Deal Public Offering of Equity

February 28, 2024 By Globenewswire Tagged With: TSX:CIGI

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers” or the “Company”) is pleased to report that it has closed its previously announced bought deal public offering of 2,479,500 subordinate voting shares (the “Subordinate Voting Shares”), at a price of US$121.00 per Subordinate Voting Share for gross proceeds… [Read More]

Oh Canada! How Cornerstone Building Brands is Championing Product Innovation North of the Border

February 28, 2024 By Business Wire

CARY, N.C.–(BUSINESS WIRE)–Recent strides in product development are not only positioning Cornerstone Building Brands’ Canadian Business Unit as a frontrunner in the building materials sector — they are also contributing to a paradigm shift in architectural solutions across North America.




“In the building materials industry, where evolution is often a driver of success, we’re proud to introduce new and exciting innovations that continue to answer the needs of customers across the board,” says Lisa Domnisch, President of the Canadian Business Unit at Cornerstone Building Brands. “We’ve used materials science research to develop better performing and more sustainable products, and we’ve introduced pioneering designs by partnering with industry influencers. We’re excited to be incorporating new trends that are leading the market in form, structure and colour.”

SENTINEL ENTRY DOOR SYSTEMTM BY NORTH STAR WINDOWS & DOORS

Drawing inspiration from the vigilance of actual sentinels, the Sentinel Entry Door SystemTM is a testament to North Star Windows & Doors’ reliability and durability — but with a few modern twists. The system boasts a composite frame designed for longevity and weather resistance, and its closed cellular structure and rigid poly-fiber formulation prevent rot, decay and water absorption. This all contributes to a door system that will stand guard for years to come.

What truly sets Sentinel Entry Door SystemTM apart is the customization options. Customers can choose from one or two panels, single or double sidelites and optional rectangular or elliptical transoms, allowing homeowners to fine-tune an entrance that aligns with their unique aesthetic preferences. The variety of doorlite glass types, including Obscure, Decorative, Wrought Iron and Clear Low-E glass, further adds to the versatility. Whether customers are seeking the durability of steel or the elegance of fiberglass, Sentinel Entry Door SystemTM can make their home a bastion of style and security.

For further information, visit northstarwindows.com.

FUSION COLOUR WRAPTM BY PLY GEM®

For those who value form and function in equal measure, the Ply Gem® brand has introduced a brilliant solution to transform the appearance of dated vinyl windows and sliding patio doors. The innovative technology behind Fusion Colour WrapTM involves applying a multi-layered laminate film with precise heat application, creating a permanent bond between wrap and vinyl. The result is a sleek and durable surface area that is as tough as it is low maintenance. Interior film options for the Design Series allow for a modern, aluminum-clad exterior with enhanced and contemporary interior colour options through Fusion Colour WrapTM.

Resistant to scratches and abrasions and easy to clean with standard household products, Colour WrapsTM are an excellent choice for high-traffic areas both inside and outside the home. These wraps are impervious to common environmental pollutants like carbon monoxide and particulate matter, and are resistant to chipping and peeling. In contrast to painted alternatives, the product has been designed to withstand the extreme temperature fluctuations found in most parts of Canada. Coupled with a 20-year warranty, this means longevity is ensured even in the harshest climates.

For further information, visit plygem.ca.

WEST RIDGE SIDING BY MITTEN®

The West Ridge of Mount Everest is known as one of the most difficult ways to reach the top of the world. Only a handful of climbers have reached the summit using the route, and it requires incredible commitment, planning and teamwork to even muster an attempt. Mitten®’s West Ridge line embodies the essence of this achievement, highlighted by the product’s strength, rigidity and resilience in tough conditions.

West Ridge delivers the essence of genuine wood siding without the hassle of constant maintenance. Our 8” plank, with its .046” thickness, embodies the timeless elegance of hand-cut wood, offering enduring beauty with minimal upkeep. Expertly designed with an impressively broad 8” profile width and a stacked locking system, the plank boasts additional panel strength with a rigid foam backing — all while being ultra lightweight and incredibly easy to install in horizontal, vertical and porch ceiling applications. Available in eight must-have colours, West Ridge is backed by Mitten®’s lifetime warranty and signature No Fade Promise.

For further information, visit mittensiding.com.

LEARN MORE AT THE INTERNATIONAL BUILDERS’ SHOW

Cornerstone Building Brands is built for what’s next. With unrelenting customer focus, a strong emphasis on quality and performance and an expansive network of manufacturing hubs, distribution centers and sales branches, Cornerstone Building Brands is poised to forge ahead in 2024 as a leading provider for building professionals who are navigating the challenges of tomorrow, today.

Interested in learning more? Visit Cornerstone Building Brands at the 2024 International Builders’ Show® ️at Booth C3830 or online at cornerstonebuildingbrands.com.

ABOUT CORNERSTONE BUILDING BRANDS

Cornerstone Building Brands is a leading manufacturer of exterior building products for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair & remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multi-channel distribution platform and expansive national footprint includes approximately 18,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play.

Contacts

Jennifer Candlish

Communications Director

Jan Kelley

jcandlish@jankelley.com
905-537-6163

Northview Residential REIT, Newly Transformed $2.7 Billion REIT, Reports Strong 2023 Results, Including Multi-Residential Same Door NOI Growth of 7.8% and Western Canada Occupancy Gains of 390 bps

February 28, 2024 By Globenewswire Tagged With: TSX:NRR-UN

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (NRR.UN – TSX), today announced financial results for the three months and year ended December 31, 2023. “2023 was a successful year for Northview with strong… [Read More]

FirstService Residential Further Enhances Market Leadership Position in Florida

February 27, 2024 By Globenewswire Tagged With: TSX:FSV

Acquires Rizzetta & Company TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”). William “Bill” Rizzetta, Founder and President, will retain a significant equity stake… [Read More]

GE Appliances & Tantalus Systems Partner to Provide Energy Demand Management

February 27, 2024 By Business Wire

The GE Appliances EcoBalance System will work with Tantalus’ TRUSense Gateway™ to reduce peak energy usage of home appliances, HVAC and water heaters

LOUISVILLE, Ky. & BURNABY, British Columbia–(BUSINESS WIRE)–GE Appliances, a Haier company, and Tantalus Systems (TSX:GRID) today announce a partnership that will revolutionize the way home appliances, HVAC systems and water heaters use real-time data to manage energy delivery and consumption. The industry-first GE Appliances EcoBalance System in partnership with Savant will integrate with Tantalus’ TRUSense Gateway to cycle individual home appliances, including air and water heating products, to support grid modernization initiatives.




GE Appliances EcoBalance System in partnership with Savant provides market-leading capabilities allowing consumers to control their energy management of home appliances, HVAC systems and water heaters. Tantalus’ TRUSense Gateway is installed between existing meters and meter sockets, eliminating the costly and labor-intensive process of replacing all the meters in a utility service area.

“We helped electrify America, and with our portfolio of innovative smart products and the technology of Tantalus, we can use our shared capabilities to help save consumers money and help save the country’s electrical grid,” said Kevin Nolan, president and CEO of GE Appliances, a Haier company. “GE Appliances products are currently in half of all U.S. homes, and we have an install base of 26 million connectable appliances – so we have the capacity to work with demand management systems to make a significant impact on saving electricity.”

GE Appliances is America’s number one appliance company, the first choice for builders and the first to offer suites of connected appliances. Tantalus helps more than 285 utilities and energy providers modernize their distribution grids by harnessing the power of data across devices and systems deployed from the substation to home appliances, water heaters, HVAC systems, or electric vehicle chargers. By adding Tantalus to the GE Appliances EcoBalance System, products will be able to “communicate” with energy companies. For example, refrigerator defrost or ice cycles can run during off-peak hours, water heaters can be charged with energy for use later in the day, and HVAC systems can be adjusted a few degrees to save energy and reduce peak demand.

These capabilities can be leveraged to help utilities reduce their carbon footprint and balance energy load profiles – without sacrificing performance or style. In addition, the technology is useful when utilities are planning for natural disasters. Certain items, like water heaters, can be charged with electricity in advance of an incoming storm and used as a thermal storage device if power is disrupted.

“In partnership with GE Appliances and Savant, Tantalus’ new TRUSense Gateway will provide utilities with the visibility, command and control they need over the distribution grid and allow them to better serve customers as a wider range of smart appliances and electric vehicles are adopted. By harnessing the power of data from devices located behind the meter, we can further accelerate grid modernization efforts,” said Peter Londa, President & CEO of Tantalus Systems. “We are honored to join GE Appliances EcoBalance System and work alongside their team to improve a utilities’ resiliency, reliability and sustainability.”

The combined capabilities of GE Appliances’ EcoBalance System in partnership with Savant and Tantalus’ TRUSense Gateway will be displayed at the 2024 International Builders Show, DISTRIBUTECH International and TechAdvantage It will also be incorporated into upcoming field trials with utilities.

About GE Appliances, a Haier company

At GE Appliances, a Haier company, we come together to make “good things, for life.” We’re creators, thinkers and makers who believe that anything is possible and that there’s always a better way. We’re a company powered by our people, made stronger through our diversity — allowing us to grow closer than ever before to our owners, anticipate their needs and enhance their lives. In 2021 and 2022, 2023 we were certified as a Great Place to Work™, for the second year in a row named one of Fortune’s Best Places to Work in Manufacturing, honored as one of the Best Workplaces for Innovators by Fast Company magazine, garnered one of Best Companies for Multicultural Women by Seramount (formerly Working Mother Media), earned the Achievers 50 Most Engaged Workplaces® award, received a perfect score for the fifth year in a row on the Human Rights Campaign’s Corporate Equality Index, and named one of the Top 100 Internship Programs by WayUp.

Since 1907, we’ve built innovative, quality products that are trusted in half of all U.S. homes. We sell appliances under the Monogram®, Café™, GE Profile™, GE®, Haier™ and Hotpoint™ brands. Our products include refrigerators, freezers, cooking products, dishwashers, washers, dryers, wine & beverage centers, air conditioners, small appliances, water filtration systems and water heaters.

To learn more about our company, brands, Corporate Citizenship efforts, economic impact, and working for GE Appliances, visit geappliancesco.com.

About Tantalus Systems Holding Inc. (TSX:GRID)

Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. Learn more at http://www.tantalus.com/.

Forward-Looking Information:

This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, the adoption, performance, functionality, benefits and development of the joint solution of technologies from GE Appliances, Tantalus and Savant for consumers and utilities, the issues anticipated to face utilities and consumers relating to the modernization of the distribution grid and how those issues can best be addressed, and other statements that contain words such as “believe,” “expect,” “project,” “should,” “seek,” “anticipate,” “will,” “intend,” “positioned,” “risk,” “plan,” “may,” “estimate,” or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this news release is expressly qualified in its entirety by this cautionary statement.

Contacts

Allison Martin

Allison.martin@geappliances.com
502-452-4198

Timbercreek Financial Announces 2023 Fourth Quarter Results and Special Dividend

February 26, 2024 By Globenewswire Tagged With: TSX:TF

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2023 (“Q4 2023”). Full-Year 2023 Highlights1 Record net investment income of $124.2 million versus $109.8 million in 2022. Net income and comprehensive income of $66.4 million, up from… [Read More]

Hyphen Solutions and informXL Strengthen Partnership with Enhanced ERP Integrations

February 26, 2024 By Business Wire

DALLAS–(BUSINESS WIRE)–Hyphen Solutions, a leader in cloud-based residential construction technology, and informXL, the foremost data visualization platform, are excited to announce the expansion of their partnership. This enhanced collaboration integrates informXL’s robust analytics capabilities with Hyphen Solutions’ two flagship Enterprise Resource Planning (ERP) systems, BRIX and Hyphen HomeFront, to provide unparalleled efficiency and data management for Home Builders.


Hyphen BRIX: Revolutionizing Home Building Operations

Hyphen BRIX, a comprehensive ERP solution with a focus on North American Home Builders, continues to innovate in streamlining residential construction operations. In 2022, it facilitated the issuance of over 543,000 purchase orders, demonstrating its efficacy in automating tasks and connecting field staff with back-office operations. This integration with informXL will further empower Builders to extract actionable insights from their data, enhancing decision-making and operational efficiency.

Hyphen HomeFront: A Synthesis of Build Process and Data Management

Hyphen HomeFront, tailored for mid to large-size Home Builders, offers an intuitive ERP solution that encompasses the entire build process from sales to service and warranty. Its seamless integration with major accounting systems like QuickBooks and Sage underscores its adaptability. The collaboration with informXL will enable Builders to harness data more effectively, improving build times and reducing errors through enhanced information management.

informXL: At the Forefront of Data-Driven Decision Making

informXL takes pride in turning complex ERP data into actionable insights, aiding Builders in cost control, employee efficiency and executive decision making. As informXL grows, with over 100 years of combined Home Builder experience and servicing over 250 Builders, their partnership with Hyphen Solutions reflects a commitment to innovation and industry leadership in reporting and process solutions.

Hyphen Solutions: Celebrating 25 Years of Industry Leadership

Marking its 25th anniversary in 2024, Hyphen Solutions remains committed to connecting systems, data and teams in residential construction. Serving a third of new homes built in America, Hyphen Solutions is dedicated to providing software solutions that drive economical outcomes and further improve collaboration in the construction industry.

This enhanced partnership between Hyphen Solutions and informXL symbolizes a shared vision of innovation and efficiency. By integrating informXL’s data analysis expertise with Hyphen’s cutting-edge ERPs, this collaboration is set to redefine the landscape of residential construction technology.

Contacts

Jessica Katz

VP of Marketing

Hyphen Solutions

Phone: (972) 728-8100

Email: jkatz@ihyphen.com

Erin Morris

Director of Client Relations

informXL

Phone: (304) 676-5159

Email: erin@informxl.com

The Real Brokerage to Present at the Evercore ISI Payments & Fintech Innovators Forum

February 23, 2024 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing, publicly traded real estate brokerage, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the 8th Annual Evercore ISI Payments & Fintech Innovators Forum in New York on Thursday, February 29, 2024 at 10:30 a.m. ET. A live webcast of the presentation will be available at the link below, and a replay will be available shortly after the conclusion of the presentation on the investor relations section of the company’s website at https://investors.onereal.com/.


Presentation Details:

Date: Thursday, February 29, 2024

Time: 10:30 a.m. ET

Webcast link: https://wsw.com/webcast/evercore41/reax/2363904

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports more than 15,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at www.onereal.com.

Contacts

For additional information, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

StorageVault Reports Fiscal 2023 Annual Results; Highlighting NOI and AFFO Growth; Provides 2024 Outlook; Increases Dividend

February 23, 2024 By Globenewswire Tagged With: TSX:SVI

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reports the Corporation’s full year 2023 audited results. Iqbal Khan, Chief Financial Officer, commented: “Our team continued to deliver solid growth in 2023, achieving same store NOI growth of 4.5% and AFFO per share growth of 7.6% – these results… [Read More]

Melcor REIT Announces Commencement of Strategic Review Process and Suspension of Distribution

February 22, 2024 By Globenewswire Tagged With: TSX:MR.UN

EDMONTON, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces steps to strengthen its financial position and maximize unitholder value, including commencement of a strategic review process and a suspension of its monthly distribution. Strategic Review Process The Board of Trustees (the “Board”)… [Read More]

CAPREIT Reports Fourth Quarter and Year End 2023 Results

February 22, 2024 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today strong operating and financial results for the three months and year ended December 31, 2023. Management will host a conference call to discuss the financial results on Friday, February 23, 2024 at 9:00 a.m. ET. HIGHLIGHTS As… [Read More]

  • « Previous Page
  • 1
  • …
  • 75
  • 76
  • 77
  • 78
  • 79
  • …
  • 1145
  • Next Page »

Sign up for the Daily Digest Email!

Receive the latest news stories from the REIT Report every morning for FREE!

100% Privacy. No SPAM. We promise.

Daily Movers

Ticker News Price Chg Chg%
d.un:ca$14.92.7118.16%
csh.un:ca$9.340.545.78%
ax.un:ca$6.920.223.13%
kmp.un:ca$17.730.623.5%
nwh.un:ca$8.020.222.69%
mrt.un:ca$5.24-0.01-0.19%
grt.un:ca$81.72-0.11-0.13%
hot.un:ca$2.53-0.01-0.39%
fcr.un:ca$15.35-0.05-0.32%
dir.un:ca$14.22-0.41-2.87%
 

Market Snapshot

  • Advertise
  • About
  • Contact
  • Privacy Policy

Copyright © 2025 · REIT REPORT