TORONTO and DALLAS, Sept. 7, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has entered into an agreement to purchase Park 9 Apartments (“Park 9” or the “Property”), a 275-unit, Class A multifamily apartment community located in Woodstock, a suburb northwest of Atlanta, Georgia, for a… [Read More]
Madison Pacific Properties Inc. Declares Special Dividend
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 6, 2016) – Madison Pacific Properties Inc. (TSX:MPC) (TSX:MPC.C), a Vancouver-based real estate company, announced today that it has declared the payment of a special cash dividend of $0.3415 per Class B common voting share and Class C non-voting share payable on September 30, 2016 to shareholders of record on… [Read More]
Zaio Corporation Appoints New Chief Financial Officer
CALGARY, Sept. 6, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) is pleased to announce that it has added Mr. Dave Guebert to its leadership team as Chief Financial Officer. Mr. Guebert will be succeeding Mr. Ron Love who has decided to leave the Company to pursue other opportunities. Mr. Guebert has… [Read More]
Starlight U.S. Multi-Family Core Funds to consolidate and add additional properties to create Starlight U.S. Multi-Family (No. 5) Core Fund comprised of 6,792 multi-family units with value of approximately CDN$1.4 billion
Led by experienced management team that delivered a weighted average internal rate of return of 35% across Existing Starlight Funds Unitholders to benefit from significantly increased and stable cash distributions and opportunity to participate in a larger, more geographically diversified fund with further upside potential Portfolio to be comprised of 23 properties across 10 metropolitan… [Read More]
Mosaic Capital Corporation Announces Quarterly Dividend on its Common Shares
CALGARY, Sept. 2, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.PR.A) is pleased to announce that its board of directors has approved a quarterly dividend on Mosaic’s common shares (TSX-V Symbol: M) of $0.10 per share (or $0.40 per share on an annualized basis). This dividend will be paid September 30,… [Read More]
Firm Capital Property Trust Announces Completion of Private Placement for Gross Proceeds of $7.1 Million.
TORONTO, Sept. 2, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it has closed a non-brokered private placement for $7.1 million consisting of 1,190,534 units of the Trust at a price of $6.00 per unit (the “Private Placement“). The Trust will use the proceeds… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Files Preliminary Base Shelf Prospectus
TORONTO, Sept. 2, 2016 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust announced today that it has filed a preliminary base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada. The preliminary base shelf… [Read More]
Mosaic Capital Corporation Files Preliminary Base Shelf Prospectus
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ CALGARY, Sept. 1, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.PR.A) announced today that it has filed, and received receipt for, a preliminary short… [Read More]
Media Advisory – Empire Company Limited Advisory of Fiscal 2016 Annual General Meeting and Q1 Fiscal 2017 Results Conference Call
STELLARTON, NS, Sept. 1, 2016 /CNW/ – Empire Company Limited (TSX: EMP.A) will hold its Annual General Meeting of Shareholders on Thursday, September 15, 2016, at Cineplex Cinemas, Aberdeen Mall, 612 East River Road, New Glasgow, Nova Scotia. The meeting is scheduled to begin at 10:00 a.m. (Eastern Daylight Time). Media Please note that cameras… [Read More]
Allied Announces Closing of Strategic Toronto Acquisitions
TORONTO, ONTARIO–(Marketwired – Aug. 31, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has closed the acquisition of the following properties in Toronto (the “Properties”) for $101 million: Address Total GLA Office GLA Retail GLA Parking Spaces 461 King Street West 81,091 43,771 37,320 35 642 King Street West… [Read More]
Zaio Corporation Provides Update on Court Proceeding, Arranges Standby Facility, New Debt Facility, Conversion and Issuer Bid for Convertible Debentures and Announces Shareholder Conference Call
CALGARY, Aug. 31, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) announces the decision by the Court of Queen’s bench Alberta in the application by a group of convertible debenture holders to set aside the results of the meeting of convertible debentures held May 25, 2016. The Court has decided that the convertible… [Read More]
Firm Capital Mortgage Investment Corporation announces a 50% increase in the discount rate to the Dividend Reinvestment Plan
TORONTO, Aug. 30, 2016 /CNW/ – Firm Capital Mortgage Investment Corporation (“FCMIC“) (TSX: FC) announces a 50% increase in the discount rate on its Dividend Reinvestment Plan (the “DRIP“) to 3% on shares issued from treasury. Shareholders may elect to reinvest their dividends in FCMIC Common Shares at a 3% discount on shares issued from treasury…. [Read More]
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