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MCAN Mortgage Corporation Announces Fourth Quarter Earnings

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Stock market symbol TSX: MKP TORONTO, Feb. 23, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.8 million ($0.47 per share) for the fourth quarter ended December 31, 2017, up from $9.0 million ($0.39 per share) in Q4 2016.  Net income for fiscal 2017 was $39.9 million, down… [Read More]

Invesque Continues to Capitalize on Development Programs with Acquisition of Two Newly Developed Facilities

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TORONTO, Feb. 23, 2018 /CNW/ – Invesque Inc. (TSX:IVQ.U) (the “Company”) announced it acquired two state-of-the-art post-acute transitional care facilities (collectively, the “Properties”) from Mainstreet Property Group, LLC (“MPG”) for a total price of $51.9 million. The properties are located in desirable locations in San Antonio, Texas and Webster, Texas. Both of the properties are… [Read More]

Temple Announces New $35 Million Credit Facility

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MISSISSAUGA, ON, Feb. 23, 2018 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that it has agreed terms to enter into a new credit facility with Morguard Corporation (“Morguard”) in the amount of $35 million (“Credit Facility B”).  The credit facility is for a term of three years and bears interest at the rate… [Read More]

Morguard Corporation Announces 2017 Results and Regular Eligible Dividend

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MISSISSAUGA, ON, Feb. 23, 2018 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2017. Reporting Highlights Total revenue increased by $191.8 million to $1,113.8 million for the year ended December 31, 2017, compared to $922.0 million for the same period in 2016. Net… [Read More]

Chartwell Announces Fourth Quarter & Year End 2017 Results and Increase to Distributions

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MISSISSAUGA, ON, Feb. 22, 2018 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the fourth quarter and for the year ended December 31, 2017. Q4 2017 and 2017 Highlights Funds from operations (“FFO”) up 9.7% in Q4 2017 and up 5.7% in 2017 Same property adjusted net operating income (“NOI”)… [Read More]

Invesque Announces Details of Fourth Quarter and Year End 2017 Earnings Conference Call

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TORONTO, Feb. 22, 2018 /CNW/ – Invesque Inc. (the “Company”) (TSX: HLP.U) will release its fiscal 2017 fourth quarter and year end results on Wednesday, March 14, 2018 after markets open. Management of the Company will hold a conference call at 10:00 a.m. ET on Thursday, March 15, 2018 to review the financial results.       CONFERENCE… [Read More]

Artis Real Estate Investment Trust Announces Notice of Redemption of Series C Preferred Units Effective March 31, 2018

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, Feb. 22, 2018 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT“) announced today that it has delivered formal notice to the holder(s) of its Preferred Units, Series C (the “Series C Units“) that, on March… [Read More]

Plaza Retail REIT Announces its Year End Results

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– FFO per unit up for the year – developments/redevelopments, lower finance costs and lease buyout revenues drive increase FREDERICTON, Feb. 22, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its results for the three months and year ended December 31, 2017. Michael Zakuta, President and CEO said, “We are… [Read More]

InterRent REIT Results for the Fourth Quarter and 2017 Results

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Feb. 22, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the fourth quarter and year-ended December 31, 2017. Highlights Gross rental revenue for the three months ended December… [Read More]

Crombie REIT Reports Fourth Quarter 2017 Results

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NEW GLASGOW, NS, Feb. 21, 2018 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to report its financial results for the three months and year ended December 31, 2017. Fourth quarter 2017 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Funds From Operations (“FFO”): FFO for… [Read More]

Temple Hotels Inc. Reports 2017 Financial Results

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MISSISSAUGA, ON, Feb. 21, 2018 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the year ended December 31, 2017. The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis and the financial… [Read More]