/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 13, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its previously-announced public offering (the “Offering”) of 14,375,000 units at a price of $7.20 per unit for total… [Read More]
Mainstreet Equity Corp Releases FY 2017 Results
CALGARY, Dec. 13, 2017 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2017. Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, says, “These results prove the resilience and effectiveness of our… [Read More]
Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
Boardwalk Real Estate Investment Trust (“BEI.UN” – TSX)Mainstreet Equity Corporation (“MEQ” â TSX) CALGARY, Dec. 13, 2017 /CNW/ – Boardwalk Real Estate Investment Trust (“Boardwalk”, “The Trust”) is pleased to announce the sale of a 641-unit apartment portfolio in Regina, Saskatchewan formally known as Boardwalk Estates to Mainstreet Equity Corporation (“Mainstreet”) for $71.65 million, which includes… [Read More]
Empire Company Reports Improved Fiscal 2018 Second Quarter Results
Company to Launch FreshCo Discount Format in Western Market Second Quarter Summary Same-store sales excluding fuel increased 0.4% Loss per share of $0.09 due to restructuring expenses Adjusted earnings per share of $0.27 compared to $0.12 last year Project Sunrise expenses in second quarter of $129.2 million ($92.8 million after tax) Project Sunrise transformation on… [Read More]
Plaza Retail REIT to Leverage Core Strengths to Capitalize on Changing Retail Landscape
̶ Acquisition of former Sears store in Saguenay seen as first of multiple opportunities ̶ FREDERICTON, Dec. 12, 2017 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has closed the previously announced acquisition of a 50% interest in a prime retail property in Saguenay, Quebec for $3.25 million. The… [Read More]
Resolve Acquires Additional Claims Adjacent to New Nadina Explorations’ Silver Queen Property
VANCOUVER, Dec. 12, 2017 /CNW/ – Resolve Ventures Inc. (TSX-V: RSV) (the “Company” or “Resolve“) is pleased to announce that it has entered into an option agreement, whereby the Company may acquire a 100% interest in the Son Property (the “Property“) located 51 kilometres southeast of Houston, British Columbia, Canada from two arm’s length vendors. The… [Read More]
Tricon Capital Group Prices $365 Million 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. 12, 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 (“TAH”)… [Read More]
Summit Industrial Income REIT Announces Waiver of Conditions on Ontario Portfolio and Underwriters’ Full Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 11, 2017 /CNW/ – Summit Industrial Income REIT (“Summit”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a previously disclosed 100% interest in a ten property portfolio (the “Portfolio”) for a purchase price of… [Read More]
Automotive Properties REIT Agrees to Acquire Mazda Dealership Property in Montreal for $8.0 million
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 11, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced that it has entered into an agreement to purchase the Mazda des Sources automotive dealership property in suburban Montreal, Quebec (the “Property”) for… [Read More]
Brookfield Real Estate Services Inc. Declares Monthly Dividend
TORONTO, Dec. 11, 2017 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) today announced the payment of a cash dividend of $0.1125 per restricted voting share payable on January 31, 2018, to shareholders of record on December 29, 2017. About Brookfield Real Estate Services Inc.Brookfield Real Estate Services Inc. (“BRESI”) is a leading provider of… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Completes Strategic Recycling of Capital and Improves Portfolio Vintage with Acquisition in Dallas, Texas
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec, 8, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund”) announced today it has acquired The Callie, a 261-unit multi-family property completed in 2016 and located in Dallas, Texas at 8025 Forest Lane. The… [Read More]
Brookfield Real Estate Services Inc. Announces Acquisition of Franchise Agreements
TORONTO, Dec. 8, 2017 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE) announced today that it has approved the acquisition of certain franchise agreements from Brookfield Real Estate Services Manager Limited (“the Manager”). Acquisition of Franchise Agreements Under the Royal LePage and Via Capitale brands, the Company will acquire franchise agreements representing… [Read More]
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