Transactional Premiums Written: $161 million Down 5% Y/Y, up 81% Q/Q Premiums Earned: $168 million Up 7% Y/Y, up 1% Q/Q Loss Ratio: 3% Down 17 pts Y/Y, down 12 pts Q/Q Net Income: $150 million Up 65% Y/Y, up 41% Q/Q Net Operating Income: $126 million Up 28% Y/Y, up 17% Q/Q Fully Diluted… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Continues Geographical Diversification and Improves its Portfolio Vintage with Highly Accretive Acquisition of 288 Suite Apartment Complex in Nashville, Tennessee Built in 2015
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 1, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) announced today that it has acquired Copperfield Apartments (“Copperfield“), a 288 suite, Class “A”, garden-style, apartment community constructed in 2015 and located in… [Read More]
Morguard North American Residential REIT Announces 2017 Second Quarter Results
MISSISSAUGA, ON, Aug. 1, 2017 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and six months ended June 30, 2017. Second Quarter Highlights On May 15, 2017, the REIT acquired a newly-constructed property comprising 60 rental townhomes located in Toronto, Ontario, for a purchase… [Read More]
Holloway Lodging Corporation announces second quarter 2017 results conference call
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Aug. 1, 2017 /CNW/ – Holloway Lodging Corporation (TSX: HLC HLC.DB HLC.DB.A) (“Holloway”) will release its 2017 second quarter results on Wednesday, August 9, 2017. An investor conference call will take place on Thursday, August 10, 2017 at 10:00 a.m. EST,… [Read More]
Canadian Commercial Investment Property Market Continues to Attract Healthy Demand as Global Economy Heats Up
Outlook remains strong and stable despite recent policy changes Canadian Economic Outlook & Market FundamentalsSecond Quarter Update 2017 MISSISSAUGA, ON, Aug. 1, 2017 /CNW/ – Despite the strengthening economy driving a rise in interest rates and less accommodative monetary policy, investors in Canadian commercial real estate can expect more of the same strong performance, according to… [Read More]
Clarocity Engaged by Leading Asset Management Firm to Perform Valuation Services
CALGARY, Aug. 1, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity”) is pleased to announce that it has been selected by a leading U.S. asset investment firm to provide appraisal services and technology to be used in their consulting and due diligence services division. Over the next several quarters, the firm will… [Read More]
/R E P E A T — Cominar Real Estate Investment Trust to Announce its Second Quarter 2017 Results on August 4, 2017/
QUÃBEC CITY, July 5, 2017 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today that it will release its financial results for the second quarter ended June 30, 2017 on Friday, August 4, 2017. Management will also hold a conference call on the same day at 11:00 a.m…. [Read More]
NewNorth Announces Results for the Quarter Ended June 30, 2017
CALGARY, July 27, 2017 NewNorth Projects Ltd. (“NewNorth”) (TSXV:NNP) today announced its financial results for the quarter ended June 30, 2017. Mr. Greg Herndier, President and Chief Executive Officer of NewNorth, reports a year to date net loss after tax at June 30, 2017 of $201,000. Year to date after tax loss per share is… [Read More]
Allied to Acquire Undivided 50% Interest in Westbank's Latest Vancouver Office Project
TORONTO, ONTARIO–(Marketwired – July 27, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into a transaction with Westbank to acquire an undivided 50% interest in Westbank’s office project at 400 West Georgia in Vancouver (the “Property”). “In addition to deepening our relationship with Westbank and ultimately expanding… [Read More]
Dream Global REIT Announces Completion of Transformative Netherlands Acquisition and Related Financing
TORONTO, ONTARIO–(Marketwired – July 27, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DREAM GLOBAL REIT (TSX:DRG.UN)(FRANKFURT:DRG), “Dream Global” or the “REIT”) today announced that it has completed the previously announced transaction (the “Transaction“) relating to a portfolio of 135 office and light industrial properties located in… [Read More]
Dream Office REIT Provides Reminder of Expiration Time and Supplements Information in Connection With Its $440 Million Substantial Issuer Bid
TORONTO, ONTARIO–(Marketwired – July 26, 2017) – DREAM OFFICE REAL ESTATE INVESTMENT TRUST (TSX:D.UN) (“Dream Office REIT”, the “Trust” or “our”) today provided a reminder that its offer (the “Offer“) to purchase for cancellation up to 24,444,444 of its REIT units, Series A (“REIT A Units“) for an aggregate purchase price not to exceed $440,000,000… [Read More]
SmartREIT and Mitchell Goldhar Announce Transit City Condos Third Tower Substantially Sold Out
TORONTO, ONTARIO–(Marketwired – July 26, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that, as a result of the selling out of the first and second towers at Transit City Condos (and the additional demand for units), a third tower was offered for sale, which tower is now… [Read More]
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