TORONTO, May 10, 2017 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) announced today that its board of directors has declared a special distribution of $0.66 per Class A share of the Company. The special distribution, which constitutes a return of capital pursuant to the winding-up of the Company’s business as approved by… [Read More]
Clarocity Corporation Announces Closing of Initial Tranche of Standby Financing for $4 Million and Repayment of Convertible Debentures
CARLSBAD, CA, May 10, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced that it has closed its first tranche of the previously announced (see August 31, 2016 press release) up to $5 million non-amortized term Facility (“Facility“) provided by StableView Asset Management Inc. (“StableView“) on behalf of managed accounts and funds… [Read More]
/R E P E A T — BTB will announce its 2017 first quarter financial results on Tuesday, May 9, 2017/
MONTRÃAL, April 19, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB”) announced today that it will release its financial results for the first quarter 2017, on Tuesday, May 9, 2017, after closing of the markets. On Wednesday, May 10, 2017, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial… [Read More]
Inovalis Real Estate Investment Trust reports financial results for the first quarter of 2017
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 10, 2017 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today reported its financial results for the first quarter of 2017. Inovalis REIT’s management team will be discussing results in a recorded podcast that will be… [Read More]
Granite Announces 2017 First Quarter Results
TORONTO, May 9, 2017 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) today announced their combined results for the three month period ended March 31, 2017. HIGHLIGHTS Highlights for the three month period ended March 31, 2017 are set out below: Rental revenue and tenant recoveries was $55.2 million in… [Read More]
Melcor Developments announces first quarter results, declares quarterly dividend of $0.13
EDMONTON, AB–(Marketwired – May 09, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2017. Revenue for the quarter was $38.57 million up 26% over Q1-2016. Revenue growth was driven by a significant increase in sales in the Community… [Read More]
Northview Apartment REIT Reports Q1 2017 Financial Results, Multi-Family Same Door NOI Growth of 0.5% Driven by 4.7% in Ontario, and Progress on 2017 Strategic Priorities
CALGARY, ALBERTA–(Marketwired – May 9, 2017) – Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN), today announced financial results for the three months ended March 31, 2017. Diluted FFO per unit was $0.44 for the three months ended March 31, 2017, compared to $0.49 for the same period in 2016, excluding Non-recurring Items. Todd Cook,… [Read More]
MCAN Mortgage Corporation Announces 32% Increase in First Quarter Earnings and 7% Increase to Quarterly Dividend
Stock market symbol TSX: MKP TORONTO, May 9, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported a 32% increase in Q1 2017 net income of $10.3 million, up from $7.8 million in Q1 2016. Earnings per share increased 29% to $0.44 in Q1 2017 from $0.34 in Q1 2016. Highlights Net… [Read More]
Dream Unlimited Corp. Announces Voting Results for Election of Directors
TORONTO, ONTARIO–(Marketwired – May 9, 2017) – DREAM UNLIMITED CORP. (TSX:DRM)(TSX:DRM.PR.A) announced that, at its annual meeting held today, all of the nominees for election as directors of Dream Unlimited Corp. (“Dream”), referred to in its management information circular for the meeting, except Ned Goodman whose retirement was announced earlier today, were elected by acclamation…. [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in First Quarter of 2017
Celebrating Twenty Years of Growth & Performance in 2017 TORONTO, ONTARIO–(Marketwired – May 9, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today strong operating and financial results for the three months ended March 31, 2017. For the Three Months Ended March 31, 2017 2016 Operating Revenues (000s) $ 155,610 $… [Read More]
Summit Industrial Income REIT Announces Strong Growth in First Quarter 2017
Announces Increase to Monthly Cash Distributions TORONTO, May 9, 2017 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today strong growth and solid operating performance for the three months ended March 31, 2017. Recent Highlights: Monthly cash distributions increased to $0.043 per unit, or $0.516 annualized, a 2.4% increase. … [Read More]
Lanesborough REIT reports 2017 first quarter results
WINNIPEG, May 9, 2017 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended March 31, 2017. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for… [Read More]
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