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REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

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Tricon Capital Group Announces an Increase of the Previously Announced Bought Deal Offering of Subscription Receipts to C$175 Million

February 28, 2017 By Globenewswire Tagged With: TSX:TCN

TORONTO, ONTARIO–(Marketwired – Feb. 28, 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 a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not… [Read More]

Clarocity Corporation Names Eric Pitt as Director of National Sales

February 28, 2017 By NewsWire Tagged With: TSX VENTURE:CLY

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

February 28, 2017 By Globenewswire Tagged With: TSX:DRA.UN

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]

Crombie REIT Announces Offering of an Additional $75 Million Series B Notes

February 27, 2017 By NewsWire Tagged With: TSX:CRR.UN

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ NEW GLASGOW, NS, Feb. 27, 2017 /CNW/ – Crombie Real Estate Investment Trust (TSX: CRR.UN) announced today that it entered into an agreement with a syndicate of agents, co-led by TD Securities Inc. and CIBC World Markets Inc. and including BMO Nesbitt… [Read More]

CAPREIT Reports Another Year of Strong Performance

February 27, 2017 By Globenewswire Tagged With: TSX:CAR.UN

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

February 27, 2017 By Globenewswire Tagged With: TSX:CAR.UN

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

February 27, 2017 By Globenewswire Tagged With: TSX:SOT.UN

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

February 27, 2017 By Globenewswire Tagged With: TSX:TCN

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.

February 27, 2017 By Globenewswire Tagged With: TSX:TCN

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

February 27, 2017 By Globenewswire Tagged With: TSX:ACR.UN

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

February 27, 2017 By NewsWire Tagged With: TSX VENTURE:FCA.U

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

February 24, 2017 By NewsWire Tagged With: TSX:MKP

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]

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