/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 1, 2016 /CNW/ – Kingsway Arms Retirement Residences Inc. (“Kingsway” or the “Company“) (TSX.V: KWA) today announced that it has filed a management information circular (the “Circular“) in connection with an annual and special meeting (the “Meeting“) at which… [Read More]
First Capital Realty Provides Update on Recent Executive Appointments
TORONTO, March 1, 2016 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), one of Canada’s largest owners, developers and managers of grocery anchored urban properties, announced today the recent appointment of three new senior executives to its leadership team. Mr. Jordan Robins will join First Capital Realty as Chief Operating Officer during… [Read More]
Choice Properties Real Estate Investment Trust to Issue $350 million of Series G and Series H Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 1, 2016 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it has agreed to issue $350 million aggregate principal amount of senior unsecured debentures of the Trust in two series…. [Read More]
Pure Multi-Family REIT LP Announces Closing of Two Previously Announced Properties in San Antonio, Texas for US$117.5 Million
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, March 1, 2016 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announces the successful closing of two previously announced multi-family apartment communities, located in San Antonio, Texas (collectively the “TPC Portfolio”), for a combined… [Read More]
Allied Properties REIT Announces Fourth-Quarter Results and Continuing Leasing Momentum
TORONTO, ONTARIO–(Marketwired – March 1, 2016) – Allied Properties REIT (TSX:AP.UN) today announced results for its fourth quarter ended December 31, 2015. “2015 finished as expected with leasing momentum continuing unabated into 2016,” said Michael Emory, President & CEO. “Allied’s outlook for this year is underpinned in large part by ongoing leasing activity that reflects… [Read More]
Artis Releases 2015 Annual Results: Reports Strong FFO Per Unit Growth of 7.7%; FFO Payout Ratio Improves to 72.5%
WINNIPEG, Feb. 29, 2016 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and twelve months ended December 31, 2015. All amounts are in thousands of Canadian dollars and are inclusive of Artis’ ownership in investments in joint ventures on a proportionate share… [Read More]
Home ownership in Canada remains affordable … for buyers outside Vancouver or Toronto: RBC Economics Q4 2015
It has never been so unaffordable to own a single-detached home in the Vancouver area Toronto is seeing rapid deterioration in affordability, particularly for single-detached homes Affordability in the majority of other Canadian markets is improved or stable TORONTO, Feb. 29, 2016 /CNW/ – Housing affordability generally remained stable across Canada in the fourth quarter… [Read More]
MCAN Mortgage Corporation Reports 33% Increase in Fourth Quarter Earnings and Record Annual Net Income
Stock market symbol TSX: MKP TORONTO, Feb. 26, 2016 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong earnings today for both the fourth quarter and fiscal year of 2015. Highlights Q4 Net Income Net income was $9.5 million in Q4 2015, up 33% from $7.1 million in Q4 2014 due to higher… [Read More]
Dream Office Real Estate Investment Trust Announces Redemption of Series H Debentures on March 31, 2016
TORONTO, ONTARIO–(Marketwired – Feb. 26, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DREAM OFFICE REAL ESTATE INVESTMENT (TSX:D.UN) or (“Dream Office REIT”) today announced that it will redeem all of its outstanding 5.50% Series H Convertible Unsecured Subordinated Debentures (the “Debentures“) on March 31, 2016 (the… [Read More]
Morguard Corporation Announces Strong 2015 Results and Regular Eligible Dividend
MISSISSAUGA, ON, Feb. 26, 2016 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2015. Operational Highlights: Acquisition of a garden-style property comprising 252 suites located in Cooper City, Florida for a purchase price of $73.9 million (US$56.0 million). Continued development of the Marquee… [Read More]
Temple Hotels Inc. Announces Renewal of Normal Course Issuer Bids for Debentures
WINNIPEG, Feb. 26, 2016 /CNW/ – Temple Hotels Inc. (“Temple“) today announced that it has received approval from the Toronto Stock Exchange (“TSX“) with respect to normal course issuer bids (the “NCIBs“) to purchase: (a) up to $2,192,200 aggregate principal amount of Series C convertible redeemable debentures (the “Series C Debentures“) (TPH.DB.C); (b) up to $3,313,700… [Read More]
Temple Hotels Inc. reports 2015 financial results
WINNIPEG, Feb. 25, 2016 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) today reported its financial results for the year ended December 31, 2015. The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the year… [Read More]
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