HALIFAX, NS, May 30, 2022 /CNW Telbec/ – (TSXV: NXLV) â NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today continuing strong operating and financial results for the three months ended March 31, 2022. Q1 2022 Operating and Financial Highlights: Significant growth in revenue and NOI Property revenue grew +45.7% to $2.6 million and net operating income… [Read More]
NexLiving Communities announces results for the year ended December 31, 2021
HALIFAX, NS, April 18, 2022 /CNW/ – (TSXV: NXLV) â NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today its annual results for the year ended December 31, 2021. 2021 Operating and Financial Highlights: Significant growth in revenue and NOI Property revenue grew by $3.9 million (108%) to $7.5 million during the year, with net operating income… [Read More]
NexLiving Announces Acquisition of a 58-Suite Building in Lindsay, Ontario
HALIFAX, NS, April 18, 2022 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announced today that it has acquired a 58-suite building in Lindsay, ON (“35 Angeline”) for $13.4 million. The acquisition will be financed with a combination of cash on hand and $10.1 million of new short-term debt, which will include… [Read More]
NexLiving Communities completes acquisition of 64-unit building in Riverview, New Brunswick
HALIFAX, NS, April 5, 2022 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) is pleased to announce that it has completed the previously announced acquisition of a 64-unit building in Riverview, NB (“Findlay Tower”) for $11.7 million, excluding closing costs. Findlay Tower is a four-storey building with an elevator and one level… [Read More]
NexLiving Communities Inc. Declares Quarterly Dividend
HALIFAX, NS, March 7, 2022 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announces that the board of directors of the Company has approved and declared a dividend of $0.0005 per common share for the quarter ending March 31, 2022, representing $0.002 per share on an annualized basis. The dividend is payable on March… [Read More]
NexLiving Announces Closing of Second Tranche of Private Placement
HALIFAX, NS, Jan. 7, 2022 /CNW/ – (TSXV: NXLV) NexLiving Communities Inc. (“NexLiving” or the “Company”) is pleased to provide an update on the second tranche of the previously announced non-brokered private placement (the “Private Placement”). The Company has upsized the second tranche from $1,000,000 to $1,200,000 and closed the offering with the issuance of 6,000,000… [Read More]
NexLiving Communities completes acquisition of 156 unit, 7 building portfolio in Riverview, NB and announces early repayment of convertible debenture
HALIFAX, NS, Dec. 22, 2021 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announced today that it has completed the previously announced acquisition of 156 units in Riverview, NB (“Whitepine & Cleveland“) for $21.3 million. Whitepine & Cleveland is comprised of seven two-story buildings (529/539/545/625 Whitepine Ave and 1008/1020/1037 Cleveland Ave), which… [Read More]
NexLiving Communities Inc. Announces Exercise and Closing of Over-Allotment Option in Connection with its Oversubscribed Marketed Common Share Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, NS, Dec. 9, 2021 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (the “Company”) announced today that the Agents (as defined below) of its previously announced marketed public offering of common shares have exercised their over-allotment option resulting in the issuance of… [Read More]
NexLiving Communities Inc. Declares Quarterly Dividend
HALIFAX, NS, Dec. 6, 2021 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announces that the board of directors of the Company has approved and declared a dividend of $0.0005 per common share for the quarter ending December 31, 2021, representing $0.002 per share on an annualized basis. The dividend is payable on December… [Read More]
Denis Arsenault Acquires Securities of NexLiving Communities
HALIFAX, NS, Dec. 1, 2021 /CNW/ – Denis Arsenault (“Denis“) announced today that he has acquired ownership of securities of NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving“), with its head office at 45 Alderney Drive, Suite 1805, Dartmouth, NS B2Y 3N6, for an aggregate purchase price of $3,000,000. The securities were acquired for investment purposes. Denis acquired ownership of… [Read More]
NexLiving Announces Closing of First Tranche of Private Placement Offering
HALIFAX, NS, Dec. 1, 2021 /CNW/ – (TSXV: NXLV) NexLiving Communities Inc. (“NexLiving” or the “Company”) is pleased to provide an update on the previously announced non-brokered private placement (the “Private Placement”). The Company has closed on the first of two tranches and has issued 17,250,000 common shares at a price of $0.20 for gross proceeds of $3,450,000. The Company expects… [Read More]
NexLiving Announces Closing of Oversubscribed Marketed Common Share Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ HALIFAX, NS, Nov. 26, 2021 /CNW/ – (TSXV: NXLV) NexLiving Communities Inc. (“NexLiving” or the “Company”) is pleased to announce that it has closed today on its previously announced marketed offering of common shares (the “Offering”). Pursuant to the Offering, the Company… [Read More]