CALGARY, Sept. 7, 2017 /CNW/ – Genesis Land Development Corp. (the “Company” or “Genesis”) (TSX:GDC) is pleased to announce that the Toronto Stock Exchange (TSX) has accepted a notice filed by Genesis to renew its prior Normal Course Issuer Bid which terminates on September 11, 2017, for a one year period. The Bid will commence on… [Read More]
Terra Firma Capital Corporation Announces Closing of First Mortgage Transaction in Atlanta for $CDN 4.9 Million
TORONTO, ONTARIO–(Marketwired – Sept. 7, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“) is pleased to announce the closing of a $CDN 4.9 million first mortgage loan (the “Loan”) secured by development land located in Atlanta, Georgia. The Loan closed and was fully funded on September 5, 2017 through a… [Read More]
Pure Multi-Family REIT LP Provides Update on its Multi-Family Apartment Properties in Houston Texas
VANCOUVER, Sept. 7, 2017 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) is providing an update of the impact of Tropical Storm Harvey on its properties in and around Houston, Texas. Broadstone Walker Commons is in very good condition with only minor leaks and minimal damage. Deer Park Apartments… [Read More]
Mosaic Capital Corporation Announces Monthly Dividend on its Common Shares
CALGARY, Sept. 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 (TSX-V Symbol: M) of $0.035 per share (or $0.42 per share on an annualized basis). This dividend will be paid September 30,… [Read More]
Firm Capital Mortgage Investment Corporation provides shareholders with update on its operating line of credit, investment portfolio size and average interest rate on its investments
TORONTO, Sept. 6, 2017 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation“) (TSX: FC) is pleased to provide shareholders with an update on its operating line of credit, investment portfolio size and average interest rate on its investments. UPSIZING OF OPERATING LINE OF CREDIT TO $90 MILLION AND THE PROVISION OF US BORROWINGSThe Corporation… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Provides Update on Impact of Tropical Storm Harvey on Texas Portfolio
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Sept. 6, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) today updated the initial condition assessment of its multi-family properties located in the State of Texas and re-confirmed that none of the Fund’s properties… [Read More]
BTB announces the sale of a property
MONTRÃAL, Sept. 6, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“), further to the conclusions of its strategic review of its portfolio, announces the sale of a property located at 665-669 Thibeau Boulevard in Trois-Rivières in the province of Québec, for total proceeds of $1.825 million. The net proceeds will be mainly allocated to… [Read More]
Pure Industrial Real Estate Trust Provides Update on Impact of Hurricane Harvey
VANCOUVER, Sept. 5, 2017 /CNW/ – Pure Industrial Real Estate Trust (TSX: AAR.UN) (the “Trust”) is providing a preliminary property assessment of the impact of Tropical Storm Harvey on its properties in and around Houston, San Antonio and Austin, Texas. The Trust owns two industrial properties in Cedar Port Industrial Park, approximately 35 miles east… [Read More]
InterRent Announces $53.75 Million Acquisition in Montreal and $11.25 Million Acquisition in Hamilton
OTTAWA, ONTARIO–(Marketwired – Sept. 5, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located at 2121 and 2255 rue Saint Mathieu in Montreal,… [Read More]
David Sloan Resigns from CAPREIT Board of Trustees
TORONTO, Sept. 1, 2017 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that David Sloan has resigned from CAPREIT’s board of trustees (the “Board”) for personal reasons. “We are extremely grateful for David’s contribution to the Board and for the instrumental role he has played with CAPREIT since he was… [Read More]
MCAN Mortgage Corporation’s Wholly Owned Subsidiary Changes its Name to XMC Mortgage Corporation
Stock market symbolTSX: MKP TORONTO, Sept. 1, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”) today announced that Xceed Mortgage Corporation (in French, Corporation Hypothécaire Xceed), a wholly owned subsidiary of MCAN, will change its name to XMC Mortgage Corporation (in French, Corporation Hypothécaire XMC), effective September 1, 2017. “This new name is an important step… [Read More]
Artis Real Estate Investment Trust Provides Notice of Series A Preferred Unit Reclassification Date and Distribution Rates
WINNIPEG, Sept. 1, 2017 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding Preferred Units, Series A (“Series A Units“) (AX.PR.A) on September 30, 2017. As a result, and subject… [Read More]
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