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]
Allied Expands Assembly Between Front and The Esplanade in Toronto's St. Lawrence Market Area
TORONTO, ONTARIO–(Marketwired – Sept. 25, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into an agreement to acquire 70 The Esplanade in Toronto (the “Property”) for $17 million. “The property is immediately adjacent to 56 The Esplanade, which we acquired in June,” said Michael Emory, President and… [Read More]
Tricon Capital Group Provides Update on its Single-Family Rental Business
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Sept. 25, 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, provided an update today on its… [Read More]
Allied and Westbank Announce Decision to Proceed with Mixed-Use Development in Downtown Toronto
TORONTO, ONTARIO–(Marketwired – Sept. 21, 2017) – Allied Properties REIT (TSX:AP.UN) and Westbank today announced plans to proceed with the development of 19 Duncan Street in Toronto (the “Property”). Allied and Westbank have pre-leased the office space in the development, but will not lease the rental-residential space until construction is completed, which is scheduled for… [Read More]
Brookfield Residential 2017 Third Quarter Results Conference Call Notice and Corporate Update
CALGARY, ALBERTA–(Marketwired – Sept. 21, 2017) – Brookfield Residential Properties Inc. (“Brookfield Residential” or the “Company”) today announced its 2017 third quarter results conference call notice and corporate update. Third Quarter Results Conference Call Brookfield Residential announced that its 2017 third quarter results will be released after market closes on Thursday, October 26, 2017. The… [Read More]
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