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Granite Completes Offering Of $400 Million 3.873% Senior Debentures Due 2023 And Redemption Of Senior Debentures Due 2018

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TORONTO, Dec. 21, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN; NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP“) completed its previously announced offering (the “Offering“) of $400 million aggregate principal amount of 3.873% Series 3 Senior Debentures due 2023 (the “Debentures“) on December 20,… [Read More]

Temple Hotels Inc. Announces Insider Participation in Recently Completed Rights Offering

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MISSISSAUGA, ON, Dec. 21, 2016 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) is pleased to announce additional information regarding the participation of the insiders of Temple in the rights offering (the “Rights Offering”) of Temple that closed on December 14, 2016. Pursuant to the basic subscription privilege under the Rights Offering, 45,207,688 common shares of… [Read More]

Firm Capital Mortgage Investment Corporation closes $22,500,000 bought deal financing

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/NOT FOR DISTRIBUTION OVER U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 21, 2016 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation“) (TSX: FC) is pleased to announce that it has closed its previously announced bought deal prospectus offering of $22,500,000 aggregate principal amount of 5.20% convertible unsecured subordinated debentures of… [Read More]

NorthWest Healthcare Properties REIT announces full exercise of over-allotment option

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX: NWH.UN TORONTO, Dec. 21, 2016 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) announced today the issuance of an additional $10.5 million aggregate principal amount of 5.25% convertible unsecured subordinated debentures of the… [Read More]

Clarocity Corporation Announces Record $1.1 Million in Revenue for November

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CALGARY, Dec. 21, 2016 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce a record  $1.1 million CAD (unaudited) revenue in the month of November. “Despite only closing in early November, our recent acquisition of ValVets has already added tremendous financial and reputational value to Clarocity,” stated Shane Copeland, CEO of Clarocity… [Read More]

Mainstreet Health Investments Inc. Announces the Acquisition of Three Memory Care Communities

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TORONTO, Dec. 20, 2016 /CNW/ – Mainstreet Health Investments Inc. (TSX: HLP-U) (“the “Company“) announced today that it has closed on the previously announced acquisition of a portfolio of three memory care communities (collectively, the “Properties“) comprising 171 units for an aggregate purchase price of US$44.3 million. The Properties are located in Little Rock, Arkansas and… [Read More]

Automotive Properties REIT Agrees to Acquire Mercedes-Benz West Island Dealership Property in Montreal for $20.3 million

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− Not for distribution to U.S. News Wire Services or dissemination in the United States − TORONTO, Dec. 19, 2016 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced that it has entered into an agreement to purchase a Mercedes-Benz automotive dealership property in suburban Montreal, Quebec (the “Property”), for a… [Read More]

Mosaic Capital Corporation Confirms December 2016 Distribution in Respect of its Preferred Securities

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CALGARY, Dec. 19, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M,  M.PR.A and M.DB) is pleased to announce that the cash distribution for the month of December 2016 in respect of its preferred securities will be paid on January 16, 2017 to all holders of preferred securities of record as of December 30, 2016. … [Read More]

Allied Properties REIT Announces Renewal of Normal Course Issuer Bid

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TORONTO, ONTARIO–(Marketwired – Dec. 19, 2016) – Allied Properties REIT (TSX:AP.UN)(“Allied“) announced today that it has received approval from the Toronto Stock Exchange (“TSX”)for the renewal of its normal course issuer bid (“NCIB”) which will enable it to purchase up to 8,306,955 of its 84,731,533 issued and outstanding units (“Units”) as at December 7, 2016,… [Read More]

Trez Capital Senior Mortgage Investment Corporation Announces December 2016 Distribution

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TORONTO, Dec. 19, 2016 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) announced today that its board of directors has declared a distribution of $0.0485 per Class A share of the Company. The distribution, which constitutes a return of capital will be paid on January 16, 2017 to holders of Class A shares… [Read More]