REIT REPORT

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Media Advisory – Empire Company Limited Advisory of Q3 Fiscal 2018 Results Conference Call

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STELLARTON, NS, Feb. 28, 2018 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its third quarter 2018 financial results on Wednesday, March 14, 2018. The release will be followed by a conference call beginning at 8:30 a.m. (Eastern Daylight Time) with senior management. The dial-in numbers for the conference call are:(647) 427-7450(888) 231-8191 To secure a… [Read More]

First National Financial Corporation Reports Fourth Quarter and Annual 2017 Results

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TORONTO, Feb. 27, 2018 /CNW/ – First National Financial Corporation (TSX: FN, TSX: FN.PR.A, TSX: FN.PR.B) (the “Company” or “FNFC”) today announced its financial results for the three and 12 months ended December 31, 2017. The Company derives virtually all of its earnings from its wholly-owned subsidiary, First National Financial LP (“FNFLP” or “First National”)…. [Read More]

BTB Announces the Sale of a Property

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MONTRÉAL, Feb. 27, 2018 /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 1100 and 1108-1136 St-Joseph Boulevard, Drummondville, in the province of Québec, for total proceeds of $3.075 million. The net proceeds will be allocated to… [Read More]

NorthWest Healthcare Properties REIT Provides Update on Vital Healthcare Property Trust’s Strong Half Year Results

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TORONTO, Feb. 26, 2018 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) is pleased to announce financial results from NSX-listed Vital Healthcare Property Trust (“Vital Trust”) for the interim six month period ended December 31, 2017, released on February 27, 2018 in New Zealand. The REIT owns an approximate 25%… [Read More]

Report on First Distribution Relating to Investment in Industrial Complex in Brampton, Ontario

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TORONTO, Feb. 26, 2018 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has received its first distribution of $1,850,000 relating to a return of capital of $971,000 and income of $879,000 relating to 11-13 Edvac Drive, in Brampton, Ontario (the… [Read More]

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]