TORONTO, Dec. 27, 2017 /CNW/ – Summit Industrial Income REIT (“Summit”) (TSX: SMU.UN) announced today that it has entered into a joint venture partnership with Urbacon Montreal Limited Partnership (“Urbacon”) to develop, own and operate high-yielding, state-of-the-art digital data centres in key markets across Canada. Summit has exclusive rights to participate in Urbacon’s future data… [Read More]
Clarocity Corporation Announces Retention of Financial Advisor by Strategic Alternatives Committee
CARLSBAD, CA, Dec. 27, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity”) is pleased to announce that its Board’s Strategic Alternatives Committee has retained Keefe, Bruyette & Woods, Inc. (“KBW”), an investment bank, as part of the Company’s previously announced strategic alternatives review. KBW has been engaged to provide certain financial advisory services… [Read More]
Termination of First National Mortgage Investment Fund
TORONTO, Dec. 22, 2017 /CNW/ – Further to its announcement on November 15, 2017, Stone Asset Management Limited (the “Manager”), the manager of the First National Mortgage Investment Fund (the “Fund”) (TSX: FNM.UN), announces that the Fund was terminated effective December 22, 2017. The units of the Fund were delisted from the Toronto Stock Exchange as… [Read More]
Inovalis Real Estate Investment Trust Presents Increased GAAP Disclosure in Revised Management’s Discussion and Analysis
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 22, 2017 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that it has amended and refiled its management’s discussion and analysis (“MD&A“) for the year ended December 31, 2016, for the three months ended March… [Read More]
True North Commercial Real Estate Investment Trust Adds 298,000 square foot Institutionally Owned Business Campus in Halifax, Nova Scotia
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 21, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed the acquisition of a business campus located at 120, 130, 134 and 140 Eileen Stubbs Avenue, Halifax, Nova Scotia (“Bluefrog“). Situated… [Read More]
InterRent Announces December 2017 Distributions
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Dec. 21, 2017 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (âInterRentâ) announced today that its distribution declared for the month of December 2017 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized… [Read More]
Artis Real Estate Investment Trust Provides Update on Development Projects and Property Acquisitions and Dispositions
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]
Melcor REIT Completes $17 Million Subscription Receipt and $23 Million Extendible Convertible Debenture Public Offering
EDMONTON, AB–(Marketwired – December 21, 2017) –
Buying a home in Canada is less affordable than any time since 1990: RBC Economics
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
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]
Trez Capital Mortgage Investment Corporation Announces December 2017 Distribution
TORONTO, Dec. 20, 2017 /CNW/ – Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the “Company”) announced today that its board of directors has declared a distribution of $0.0583 per Class A share of the Company. The distribution, which constitutes a return of capital, will be paid on January 15, 2018 to holders of Class A shares… [Read More]
Tricon Capital Group Completes $365 Million Single-Family Rental Securitization
/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]
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