TORONTO, Sept. 29, 2017 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be releasing its third quarter 2017 results on Tuesday, November 7, 2017 after market hours. Management will host a conference call the next day on Wednesday, November 8, 2017 at 10:00AM… [Read More]
Housing affordability relief still elusive in Canada in the second quarter as ownership costs continued to rise in Toronto: RBC Economics
Policy actions had not yet curbed Toronto’s escalating prices in the second quarter of 2017, further straining Canada’s housing affordability Ownership costs in Vancouver on the rise again after back-to-back declines Overall, Canadian housing affordability eroded for an 8th consecutive quarter to reach worst level since 1990 TORONTO, Sept. 29, 2017 /CNW/ – Becoming a… [Read More]
Temple Hotels Announces Sale of Property in Sherwood Park, AB, as Company Continues to Execute Strategic Business Plan
MISSISSAUGA, ON, Sept. 28, 2017 /CNW/ – Temple Hotels Inc. (“Temple” or “the Company”) (TSX: TPH) announced today that the Company has completed the sale of the Holiday Inn Express Hotel & Suites in Sherwood Park, a suburb of Edmonton, AB. The disposition was completed for $9.6 million, excluding taxes and transaction costs. “This divestiture… [Read More]
Pure Multi-Family REIT LP Announces Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Sept. 28, 2017 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that the TSX Venture Exchange (the “TSX-V”) has accepted its notice of intention to make a normal course issuer bid… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Provides Update on Australian Leasing, Acquisition, Development and Financing Initiatives at Generation Healthcare
TORONTO, Sept. 28, 2017 /CNW/ – NorthWest Healthcare Properties REIT (TSX: NWH.UN) (“NorthWest”) is pleased to announce that its wholly owned Australian subsidiary Generation Healthcare (“Generation”), has substantially completed or entered into agreements to complete significant leasing, acquisition, development and financing initiatives as follows: Successfully reached substantial completion of the A$110.0M (A$40.0M plus fit-out costs at… [Read More]
Terra Firma Capital Corporation Announces Closing of First Mortgage Transaction in Phoenix for US$11.7 Million (CDN$14.4 Million) Marking the First Transaction With Great Gulf Group
TORONTO, ONTARIO–(Marketwired – Sept. 28, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“) is pleased to announce the closing of a US$11.7 million (CDN$14.4 million) first mortgage loan (the “Loan”) secured by 245 lots, part of a 1,896 lot master planned community located in the Metropolitan Statistical Area (MSA) of… [Read More]
Sense over sensibility: Why homebuyers need to leave their emotions at the front door
TD survey finds 60 per cent of Canadians are willing to exceed their budget to buy a home TORONTO, Sept. 28, 2017 /CNW/ – As your biggest financial investment, house hunting should be a rational, logic-driven process. In reality though, buying a house is often an emotional rollercoaster that leads many Canadians to spend more… [Read More]
Terra Firma Capital Corporation Announces Repayment of Convertible Debentures
All amounts are stated in Canadian dollars. TORONTO, ONTARIO–(Marketwired – Sept. 27, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, is pleased to announce that, on September 12, 2017, it repaid in cash, all outstanding convertible unsecured subordinated debentures (the “Debentures”) in aggregate principal amount… [Read More]
OneREIT Obtains Final Order for Plan of Arrangement
TORONTO, ONTARIO–(Marketwired – Sept. 26, 2017) – OneREIT (TSX:ONR.UN) announced today that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) (the “Final Order“) with respect to OneREIT’s previously announced plan of arrangement involving, among others, OneREIT, Smart Real Estate Investment Trust and Strathallen Acquisitions Inc. (the “Transaction“). As… [Read More]
Terra Firma Capital Corporation Announces Closing of a First Mortgage Transaction on Premier Waterfront Development in Savannah, Georgia for US $18 Million (CDN$ 22 Million)
TORONTO, ONTARIO–(Marketwired – Sept. 26, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), is pleased to announce the closing of a US$18 million (CDN$22 million) first mortgage loan (the “Loan”) for the acquisition and development of an 11.3 acre residential infill land parcel located on the Savannah River in downtown… [Read More]
OneREIT Announces Results from Special Meeting of Unitholders
TORONTO, ONTARIO–(Marketwired – Sept. 25, 2017) – OneREIT (TSX:ONR.UN) announced today the voting results from its special meeting of holders of units and special voting units (the “Meeting“) held on Monday, September 25, 2017 in Toronto, Ontario. The total number of units (“Units“) and special voting units (“SVUs“, and together with the Units, the “Voting… [Read More]
Granite CEO, Michael Forsayeth, to Retire September 30, 2018
TORONTO, Sept. 25, 2017 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that Michael Forsayeth, Chief Executive Officer, has decided to retire from Granite effective September 30, 2018. Mr. Forsayeth will remain in his role as Chief Executive Officer until such time as a successor is appointed and will… [Read More]
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