TORONTO, Nov. 24, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (âUrbanfundâ or the âCompanyâ), confirmed today that the Company has received its second distribution, in the amount of $1,500,000, relating to a return on investment in the One Bloor East real estate project (the âProjectâ). In September… [Read More]
Urbanfund Corp. Announces Acquisition of 50% Interest in Brampton Industrial Complex
TORONTO, Nov. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture:UFC) (âUrbanfundâ or, the âCompanyâ), announced today that, further to its press release dated October 10, 2017, together with its joint venture partner, Takol Real Estate Inc. (âTakolâ), it acquired an industrial complexlocated at 4 Alfred Kuehne Blvd…. [Read More]
Urbanfund Corp. Announces Closing of the Acquisition of a 20% Interest in a 1,354 Unit Residential Portfolio Located in Dartmouth, Nova Scotia
TORONTO, Oct. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture:UFC) (âUrbanfundâ or, the âCompanyâ), announced today that the Company, along with Westdale Construction Limited, (âWestdaleâ) completed the previously-announced acquisition of the 1,354 unit Highfield Park multi-family residential portfolio located in Dartmouth, Nova Scotia. A newly-incorporated corporation,… [Read More]
Urbanfund Corp. Announces Agreement in Principle to Form Joint Venture to Acquire 50% Interest in Brampton Industrial Complex
TORONTO, Oct. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX-V:UFC) (âUrbanfundâ or, the âCompanyâ), announced today that Urbanfund has entered into a letter of intent to form a joint venture, with an armâs length real estate investment firm, to purchase, renovate, change to condominium title and sell… [Read More]
Urbanfund Corp. Announces Refinancing of Shopping Centre in Belleville, Ontario
TORONTO, Oct. 06, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX-V:UFC) (the âCompanyâ), confirmed today that the Company completed a refinancing of North Front Centre, its 72,760 square foot shopping centre located in Belleville, Ontario. The mortgage financing, provided by a large Canadian financial institution, is in the… [Read More]
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