CALGARY, May 1, 2017 /CNW/ – MINT Income Fund (the “Fund”) announces that the Fund has determined, effective July 1st, 2017, the Fund will discontinue paying the service fees, which are currently paid to dealers that have investors who hold units of the Fund. The Fund believes ceasing to pay service fees will bring it in… [Read More]
Mosaic Capital Completes Acquisition of Ontario-Based Cedar Infrastructure Products
CALGARY, May 1, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M, M.DB) is pleased to announce that it has successfully completed the acquisition of a 75% interest in the business being carried on by Cedar Infrastructure Products, Inc. (“Cedar“). The remaining 25% is being retained by its founders, Matthew Genovese and Tony Maio. Cedar… [Read More]
Above Average Transaction Volumes, Persistent Demand and Foreign Capital Driving Canada’s Commercial Investment Property Market
Current phase of the real estate cycle considered durable Canadian Economic Outlook & Market FundamentalsFirst Quarter Update 2017 MISSISSAUGA, ON, May 1, 2017 /CNW/ – Above average transaction volumes, persistent demand and foreign capital are all driving Canada’s commercial investment property market, according to a new report issued by Morguard Corporation (“Morguard”) (TSX: MRC). The abundance of… [Read More]
Clarocity Corporation Announces New Contract with U.S. Government Backed Mortgage Purchaser
CALGARY, May 1, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce that it has been contracted by a U.S. Government Mortgage Purchaser, to introduce new review products and technology into their analytics workflow, including Clarocity’s Technology Platform. “While this new contract represents an estimated $1 Million CAD over the next… [Read More]
Urbanfund Corp. Reports Financial Results for the Year Ended December 31, 2016
TORONTO, ONTARIO–(Marketwired – April 28, 2017) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company“), confirmed today that the Company has filed financial statements for the year ended December 31, 2016 (the “Consolidated Financial Statements“). For the year ended December 31, 2016, the Company reported earnings before income taxes… [Read More]
Consolidated HCI Holdings Corporation Announces Voting Results of Special Meeting
WOODBRIDGE, ON, April 28, 2017 /CNW/ – CONSOLIDATED HCI HOLDINGS CORPORATION (the “Company”) announces that the special resolution approving the sale of substantially all of its assets comprising its 50% interest in its investment properties located at 7700 Keele Street and the adjacent property located at 2267 Highway 7, both in Vaughan, Ontario was passed… [Read More]
Halmont Properties Corporation: News Release
TORONTO, ONTARIO–(Marketwired – April 28, 2017) – HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today that the net income to common shareholders for the year ended December 31, 2016 was $2.01 million as compared to net income of $1.97 million for the year ended December 31, 2015. Year ended (in millions) December 31, 2016 December 31,… [Read More]
Milestone Apartments REIT Completes Going Private Transaction with Starwood Capital Group
TORONTO and DALLAS, April 28, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced the closing (the “Closing”) of the previously announced going private transaction whereby an affiliate of Starwood Capital Group (“Starwood”) acquired all of Milestone’s subsidiaries and assets (the “Transaction”), all outstanding trust units of… [Read More]
Automotive Properties REIT First Quarter 2017 Financial Results Release Date, Conference Call and Webcast
TORONTO, April 27, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) will release its 2017 first quarter financial results after market close on Thursday, May 11, 2017. Milton Lamb, Chief Executive Officer, and Andrew Kalra, Chief Financial Officer, will host a conference call for analysts and investors on Friday, May 12,… [Read More]
European Commercial Real Estate Limited Prices $30 Million Offering and Announces Filing of Final Prospectus and Private Placement
TORONTO, ONTARIO–(Marketwired – April 27, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES European Commercial Real Estate Limited (the “Corporation“) (TSX VENTURE:ERE) is pleased to announce today that the Corporation has filed and obtained a receipt from the securities regulatory authorities of all provinces and territories… [Read More]
Summit Industrial Income REIT Files Final Base Shelf Prospectus
TORONTO, April 27, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a final base shelf prospectus. The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on April 26, 2017… [Read More]
European Commercial Real Estate Limited Files 2016 Audited Financial Statements and Related MD&A
TORONTO, ONTARIO–(Marketwired – April 27, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES European Commercial Real Estate Limited (the “Corporation“) (TSX VENTURE:ERE) announced today that its audited consolidated financial statements and related management’s discussion and analysis for the period ended December 31, 2016 have been filed… [Read More]
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