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Clarocity Corporation Names Eric Pitt as Director of National Sales

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CALGARY, Feb. 28, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce that Eric Pitt has joined the Company as Director of National Sales, responsible for further executing and strengthening the Company’s sales strategy going forward. Mr. Pitt has an extensive background in the real estate appraisal industry, spanning four… [Read More]

Dream Hard Asset Alternatives Trust Reports Strong 29% Year Over Year AFAD Per Unit Growth and Increased New Investment in Toronto Development Projects

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TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM HARD ASSET ALTERNATIVES TRUST (TSX:DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for the… [Read More]

CAPREIT Reports Another Year of Strong Performance

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Proven Value-Enhancing Strategies Continue to Deliver Solid and Sustainable Growth TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today solid portfolio growth and strong operating and financial results for the year ended December 31, 2016. Three Months Ended Year Ended December 31 December 31 2016 2015… [Read More]

CAPREIT Announces Increase in Monthly Cash Distributions

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TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that its Board of Trustees had approved a 2.4% increase in monthly cash distributions to $0.1067 per Unit, or $1.28 per Unit on an annualized basis. The increase effective with the March 2017 distribution payable on April… [Read More]

Slate Office REIT Announces Renewal of Normal Course Issuer Bid

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TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – Slate Office REIT (TSX:SOT.UN) (the “REIT”), a leading owner of office properties in Canada, announced that the Toronto Stock Exchange (the “TSX”) has accepted the REIT’s notice of intention to make a normal course issuer bid for a portion of its trust units (the “Units”). As of February… [Read More]

Tricon Capital Group Announces Bought Deal Offerings

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Comprised of C$150 Million of Subscription Receipts and US$150 Million of Extendible Convertible Debentures in Conjunction With Acquisition of Silver Bay Realty Trust TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES This news release does not constitute an offer to sell or… [Read More]

Tricon Capital Group to Acquire Silver Bay Realty Trust Corp.

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Transformative Acquisition for Tricon American Homes TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. All dollar amounts are expressed in U.S. Dollars unless otherwise stated Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX:TCN), a principal investor and asset manager focused on… [Read More]

Agellan Commercial Real Estate Investment Trust Completes $55 Million Bought Deal Financing

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TORONTO, ONTARIO–(Marketwired – Feb. 27, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the “REIT”) announced today that it has closed its previously announced bought deal public offering of 4,807,000 units of the REIT (the “Units”) at a price of… [Read More]

Firm Capital American Realty Partners Corp. Announces New Chief Executive Officer and Director and Provides Update Regarding Debt Repayment, Single Family Home Inventory and Current Investment Portfolio

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All amounts are in $US Dollars unless otherwise stated TORONTO, Feb. 27, 2017 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV : FCA.U) is pleased to announce the appointment of Kursat Kacira as President, Chief Executive Officer and a Director of the Company. In addition, the Company is pleased to announce the repayment… [Read More]

MCAN Mortgage Corporation announces fourth quarter earnings and record annual net income

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Stock market symbolTSX: MKP TORONTO, Feb. 24, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced Q4 2016 net income of $9.0 million ($0.39 per share) compared to $9.5 million ($0.42 per share) in Q4 2015.  We also announced record net income for the second consecutive year of $40.2 million in fiscal 2016,… [Read More]

InterRent Announces Increase to Previously Announced Equity Offering to $75 Million

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OTTAWA, ONTARIO–(Marketwired – Feb. 24, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent” or the “REIT”) announced today that due to strong demand, the REIT has increased the size of its previously announced public offering to 9,770,000 trust units… [Read More]