TORONTO, Oct. 23, 2023 /CNW/ – Northwest Healthcare Properties Real Estate Investment Trust (the “REIT” or “Northwest“) (TSX: NWH.UN), is pleased to announce the appointment of Craig Mitchell, as permanent Chief Executive Officer (“CEO“) effective today and Karen Martin as Interim Chief Financial Officer (“CFO“) effective October 30, 2023. Chief Executive Officer Craig Mitchell has… [Read More]
Dream Office REIT Q3 2023 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office”) will be releasing its financial results for the quarter ended September 30, 2023, on Thursday, November 9, 2023.
Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.
Conference Call: |
|
Date: |
Friday, November 10, 2023 at 10:00 a.m. (ET) |
Audio: |
1-800-319-4610 (toll free) |
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416-915-3239 (toll) |
Webcast: |
A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream Office’s website at www.dreamofficereit.ca and click on the link for the webcast. |
Digital Replay:
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A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream Office’s website. |
About Dream Office
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.
Contacts
Michael J. Cooper
Chairman and Chief Executive Officer
(416) 365-5145
mcooper@dream.ca
Jay Jiang
Chief Financial Officer
(416) 365-6638
jjiang@dream.ca
Nexus Industrial REIT Announces Q3 2023 Results Date and October and November Distributions
TORONTO, Oct. 20, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended September 30, 2023 before the opening of the TSX on Wednesday, November 15, 2023. Management of the REIT will host a conference call at 1:00 PM Eastern Standard… [Read More]
The Real Brokerage Inc. Names Christian Wallace Chief of Integrated Home Services
Former Rocket Homes, Better.com, Opendoor executive brings experience building and scaling platforms and consumer experiences
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that Christian Wallace, who has held leadership positions at some of the best-known real estate technology companies, has joined the company as Chief of Integrated Home Services.
In the newly created role, Wallace will oversee Real’s consumer-facing products, which are central to the company’s mission to simplify life’s most complex transaction. By combining every touchpoint of home buying and selling into a seamless experience, Wallace’s work will help empower consumers to manage every aspect of the transaction lifecycle through a simple mobile application. She reports to Real Chairman and CEO Tamir Poleg.
“Just as Real is changing the landscape for real estate professionals, we are equally committed to revolutionizing the homeownership journey from start to finish for consumers,” Poleg said. “Christian brings the unique combination of being an agent who has also built the customer experiences at some of the leading disruptors in the real estate industry, all of which are in the race to change how people buy and sell homes. I couldn’t be more pleased that Christian will be driving our integrated services platform, which today consists of mortgage and title businesses, but has the potential to become so much more.”
Wallace joins Real from Rocket Homes where she oversaw a number of functions, including business development, back-end operations and the partner real estate agent network. During her tenure at Rocket, she was responsible for a number of initiatives designed to improve the customer experience, which led to improved conversion and retention rates and higher customer satisfaction.
Prior to joining Rocket Homes in 2022, she served as Head of Real Estate Services at Better.com where she was responsible for building a 25-state brokerage business and growing the company’s real estate team from 10 to 2,000 professionals. Earlier, she was a Region Home Advisor Director at Opendoor, where she helped to build and scale all aspects of the iBuyer business.
“There are a lot of companies looking to make it easier for consumers to become homeowners. At Real, the company has made a huge investment by acquiring mortgage and title businesses and everybody is moving in the same direction to help both our agents and their clients be successful,” Wallace said. “As someone who is obsessed with creating the best experience imaginable, Real provides the runway to change the game for consumers.”
Wallace began her real estate career in 2014 following a decade with FedEx Services in a regional sales leadership role. She earned her bachelor’s degree at Texas Tech University and MBA from Rochester Institute of Technology.
About Real
The Real Brokerage Inc. (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 49 states, D.C., and four Canadian provinces with more than 12,000 agents. Additional information can be found on its website at www.onereal.com.
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding the success of Real’s mortgage and title businesses.
Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns and Real’s ability to attract new agents and retain current agents. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Contacts
Investor inquiries:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515
For media inquiries:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Terra Firma Capital Corporation Announces Shareholder Approval of Plan of Arrangement
99.74% of Votes Cast by Shareholders Voted in Favour of Transaction With GM Capital Corp. TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (“Terra Firma” or the “Company”) (TSX-V: TII) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (the “Shareholders”) held today, the Shareholders voted… [Read More]
Allied Announces 2023 GRESB Scores
TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced its GRESB scores for 2023, based on the 2022 reporting year. Allied achieved a score of 85 for its standing investments and a score of 87 for its developments, representing continuous improvement overall. The following initiatives contributed to… [Read More]
Internationally Acclaimed Canadian Artists Come Together to Donate Major Artworks to Support Vancouver Chinatown Foundation’s 58 West Hastings Project
58 West Hastings is a ten-storey community-oriented social housing and health centre located in Vancouver’s Downtown Eastside
VANCOUVER, British Columbia–(BUSINESS WIRE)–Over several decades, poverty, homelessness, drug addiction, and an urgent need for critical mental health services have come to characterize Vancouver’s Downtown Eastside (DTES). This November, seven prominent artists have aligned themselves with the Vancouver Chinatown Foundation in championing a new innovative social housing and health care facility that is setting the precedent for cities across Canada – 58 West Hastings. Participating artists include Dana Claxton, Douglas Coupland, Stan Douglas, Angela Grossmann, Ken Lum, Martha Sturdy, and Lawrence Paul Yuxweluptun.
Led by the Vancouver Chinatown Foundation, the project will provide 231 new social and affordable housing units and bring together multiple levels of government support, including BC Housing and Canada Mortgage and Housing Corporation and $30 million from the Chinatown Foundation. It will also house the Lily Lee Community Health Centre, a 50,000-square-foot integrated health centre operated by Vancouver Coastal Health (VCH). It will provide critical resources and accessible health care to support the unique needs of the Chinatown and DTES residents, including access to specialized mental health and addiction care.
“58 West Hastings will stand as the gold standard for affordable housing projects in Vancouver and across Canada. It is a project that has community and care at its core,” said Carol Lee, Chair of Vancouver Chinatown Foundation. “Having this collective of Canada’s leading artists provide their works to raise additional funding is an absolute gift. This project is truly paving the way forward for what can be done when we join forces as a community.”
Inspired by this innovative and important initiative, Angela Grossmann and Martha Sturdy spearheaded conversations amongst Vancouver’s community of artists who have lived, worked, and studied in the neighbourhood. When asked to contribute artwork to this pivotal project for Vancouver, the response from each artist approached was a resounding ‘yes.’ An impressive collection of generously donated artworks will be auctioned this fall at a live event in support of the project. Reproductions of each donated work of art will be translated into the design of the building.
Notably, Stan Douglas, who represented Canada at the Venice Biennale in 2022, has contributed one of his most iconic photographs directly from his personal collection entitled Every Building on 100 West Hastings. Douglas’s work involves extensive historical research and is known to pinpoint localized moments that speak to broader societal shifts. The 16-foot-long chromogenic print is constructed from 21 carefully staged images digitally stitched together and purposefully devoid of traffic or people, offering viewers a layered narrative of the empty street. The monumental work is included in museum collections, including The Museum of Fine Arts Houston (MFAH) and The Vancouver Art Gallery (VAG) and has not been offered for sale publicly in over a decade.
In addition, Vancouver-based Hunkpapa Lakota (Sioux) artist Dana Claxton, the 2023 Audain Prize winner, has offered a unique work entitled NDN Ironworkers Tool Still Life from her 2018 solo exhibition Fringing The Cube at the Vancouver Art Gallery.
This significant collection includes seven works in total, with new works created specifically for the project by Douglas Coupland, Ken Lum, Lawrence Paul Yuxweluptun, Martha Sturdy, and Angela Grossmann.
“Each work donated was offered with the residents of the building in mind, realizing that placing works in a domestic space is a great privilege and comes with a huge responsibility,” says Grossmann. “Putting art into a building can be transformative, and I felt it was crucial that we include works from artists with a history of living and working in this neighbourhood and whose works address issues of social responsibility.
“I think the artists saw this as an opportunity to give work that speaks from their heart,” adds Grossmann.
Two titans of culture in Canada are the Honorary Co-Chairs of the committee spearheading this initiative, Michael Audain and the late Phil Lind. The collection will be previewed at the Vancouver Art Gallery on Tuesday, November 7th, with the live auction taking place on Thursday, November 9th, at the Vancouver Chinatown Foundation Autumn Gala hosted at Fairmont Hotel Vancouver. Funds realized will directly benefit the project, with partial funds allocated to installing reproductions of the artworks in the lobby and on each floor of the building. Absentee and telephone bidding is available for those who cannot attend the event. For more information, please contact Tom Gautreau at getithandled@me.com.
For more information about 58 West Hastings and the auction, visit https://www.chinatownfoundation.org/auction.
About Vancouver Chinatown Foundation
The Vancouver Chinatown Foundation is a registered charity committed to the revitalization of Chinatown, one of Canada’s most iconic neighbourhoods in the historic heart of Vancouver. The Foundation builds more resilient and inclusive communities by promoting the well-being of those in need while preserving Chinatown’s irreplaceable cultural heritage.
Contacts
Media
Stuart Martin
Talk Shop Media
213-235-8581
stuart@talkshopmedia.com
National Homes and Brixen Developments Unite to Donate $500,000 to Brampton’s New Hospital
BRAMPTON, Ontario–(BUSINESS WIRE)–National Homes and Brixen Developments have joined hands in a partnership to contribute $100,000 annually for the next five years, totaling a $500,000 donation towards the construction of Brampton’s new hospital for the William Osler Health System. This significant commitment, by two prominent names in the real estate and development industry, exemplifies their unwavering dedication to the well-being and prosperity of the Brampton community.
With a shared vision for a healthier and stronger Brampton, National Homes and Brixen Developments have stepped forward to provide vital support to the city’s healthcare infrastructure. Their generous donation will play a pivotal role in the transformation of health care in Brampton and Etobicoke. Peel Memorial Centre for Integrated Health and Wellness (Peel Memorial) will include a new multi-storey patient tower, new and enhanced outpatient services and day programs and the expansion of the existing Urgent Care Centre to 24/7 operations – enhancing healthcare services, improving patient care, and ensuring that the local community receives excellent state-of-the-art medical treatment.
In recognition of this contribution, Mayor Brown and the Brampton City Council expressed their gratitude by presenting a special gift at a recent public event attended by all members of Council. The gift, a signed Tavares Toronto Maple Leafs jersey, symbolizes the city’s appreciation for National Homes and Brixen Developments’ dedication to Brampton’s healthcare future. In a heartfelt gesture, National Homes and Brixen Developments have decided to donate the signed jersey back to the hospital, where it will be gifted to a child in need.
Mayor Brown remarked on the company’s long standing history with the community by saying “thank you very much Jason (Pantalone) for your support in all City initiatives.” He spoke about how this significant donation will undoubtedly make a substantial difference in the lives of Brampton residents and patients at the new hospital.
The pledge from these industry leaders reaffirms their belief in the potential of Brampton as a vibrant and thriving community. “We can think of half a million reasons why we love Brampton,” said Jason Pantalone, President and CEO Managing Partner of National Homes, who went on to say “We’ve developed thousands of acres in Brampton and built roughly 6,000 homes there since 1992,” says Pantalone, expressing their commitment to the city’s future.
The new hospital, a vital addition to Brampton’s healthcare infrastructure, will serve as a beacon of hope and healing for the community, thanks to the invaluable support from National Homes and Brixen Developments.
This philanthropic partnership sprung from the 2023 National Homes and Brixen Developments successful release of Duo Condos in Brampton, a luxurious 25-storey condominium conceived and created with inputs received from investors and community stakeholders. Right from its location, its focus on transit to its many inspired amenities, DUO represents the culmination of a vision – the introduction of a connected and convenient way of living in Brampton.
National Homes and Brixen Developments invite other community leaders and businesses to join them in supporting the growth and well-being of Brampton. Their commitment to making a positive impact on the city is a testament to the power of collaboration and community spirit.
ABOUT NATIONAL HOMES
Since 1992 National Homes has been in the business of designing, building, marketing and selling new homes based on understanding and responding to our customers’ needs.
ABOUT BRIXEN DEVELOPMENTS
Brixen Developments was launched in 2019 by Alexander D’Orazio and Andrew Iacobelli based on a shared commitment to quality, desire to build communities, and the underlying belief that people come first.
Contacts
For media inquiries or further information, please contact:
Lianne McOuat
lianne@partnership.ca
416-953-0380
SmartCentres Declares Distribution for October 2023
TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of October 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on November 15, 2023 to unitholders… [Read More]
FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST TO HOST CONFERENCE CALL FOR THIRD QUARTER 2023 RESULTS
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Oct. 17, 2023 /CNW/ – Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Wednesday, November 15, 2023 at 8:30 a.m. ET to discuss the REIT’s third… [Read More]
Slate Office REIT to Release Third Quarter 2023 Financial Results
TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it will be releasing its third quarter 2023 financial results by the end of business on Tuesday, November 14, 2023. Senior management will host a live conference call at 9:00 a.m. ET on Wednesday, November 15, 2023 to discuss the results and ongoing business initiatives of the REIT.
Conference Call Details
The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1636214&tp_key=fa2c2e128c. A replay will be accessible until November 29, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 068482#) approximately two hours after the live event.
About Slate Office REIT (TSX: SOT.UN)
Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.
About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.
Forward-Looking Statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.
SOT-FR
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
Melcor REIT announces October distribution of $0.04 per unit
EDMONTON, Alberta, Oct. 16, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of October 2023 unchanged from previous months. The October distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]
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