REIT REPORT

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U.S. Agency Selects Clarocity Corporation’s MarketValue Pro to Value Asset Portfolio

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CALGARY, April 18, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced that it has been engaged by a major U.S. agency to provide MarketValue Pro (MVP) as part of a comprehensive valuation of their asset portfolio. “This new opportunity is already underway with thousands of orders that are expected to… [Read More]

CAPREIT Announces April 2017 Distribution

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TORONTO, ONTARIO–(Marketwired – April 17, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its April 2017 monthly distribution in the amount of $0.10666 per Unit (or $1.28 on an annualized basis). The April distribution will be payable on May 15, 2017 to Unitholders of record on April 28, 2017. To… [Read More]

Granite REIT Declares April 2017 Distribution

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TORONTO, April 17, 2017 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution on Granite’s stapled units of CDN$0.217 per stapled unit.  The distribution will be paid by Granite on May 15, 2017 to stapled unitholders of record at the… [Read More]

Starlight U.S. Multi-Family (No. 5) Core Fund Announces April 2017 Distributions and Timing of Release of Q1-2017 Results

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 17, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) today announced its April 2017 cash distribution amounts on its outstanding Class A Units, Class C Units, Class D Units, Class E Units,… [Read More]

True North Commercial REIT Announces April 2017 Distribution

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/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 17, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) today announced its April 2017 monthly cash distribution in the amount of $0.0495 per trust unit (“Unit“), payable on May 15, 2017 to holders of Units of record… [Read More]

Killam Apartment REIT Completes Redemption of $46 Million of Convertible Debentures and $17 Million Property Disposition

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HALIFAX, NOVA SCOTIA–(Marketwired – April 17, 2017) – Killam Apartment REIT (TSX:KMP.UN) (“Killam”) is pleased to announce that it has completed the previously announced redemption of its $46.0 million of 5.45% convertible debentures. Proceeds from Killam’s $77 million public offering of trust units, which closed on March 13, 2017, were used to fund the redemption…. [Read More]

SmartREIT, Mitchell Goldhar and CentreCourt Set to Launch Transit City

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55 Storey Condo Marks First Residential Tower in 100-Acre Development; Condo to Include First BUCA-Branded Restaurant and BAR BUCA Outside of Downtown Toronto TORONTO, ONTARIO–(Marketwired – April 13, 2017) – Joint venture partners Smart Real Estate Investment Trust (SmartREIT) (TSX:SRU.UN), Mitchell Goldhar and CentreCourt Developments (CentreCourt) today released details of a planning application for the… [Read More]

Summit Industrial Income REIT Announces April 2017 Cash Distribution

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TORONTO, April 13, 2017 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on May 15, 2017 to Unitholders of record on April 30, 2017. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect to… [Read More]

Madison Pacific Properties Inc. announces the results for the six months ended February 28, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 13, 2017) – Madison Pacific Properties Inc. (TSX:MPC)(TSX:MPC.C) (the Company), a Vancouver-based real estate company announces the results of operations for the six months ended February 28, 2017. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the six months ended February 28, 2017,… [Read More]