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Milestone Apartments REIT Completes Going Private Transaction with Starwood Capital Group

April 28, 2017 By NewsWire Tagged With: TSX:MST.UN

TORONTO and DALLAS, April 28, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced the closing (the “Closing”) of the previously announced going private transaction whereby an affiliate of Starwood Capital Group (“Starwood”) acquired all of Milestone’s subsidiaries and assets (the “Transaction”), all outstanding trust units of… [Read More]

S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices

April 21, 2017 By NewsWire Tagged With: TSX:MST.UN

A Deletion from the S&P/TSX Composite Index TORONTO, April 21, 2017 /CNW/ – S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:   The unitholders of The Milestone Apartments REIT (TSX:MST.UN) have approved the $US16.25 cash per unit takeover offer from Starwood Capital Group. The units of… [Read More]

Milestone Apartments REIT Announces Details Regarding Closing of Going Private Transaction with Starwood Capital Group and Increased Liquidating Distribution

April 19, 2017 By NewsWire Tagged With: TSX:MST.UN

TORONTO and DALLAS, April 19, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced details regarding the closing of the previously announced going private transaction whereby an affiliate of Starwood Capital Group (“Starwood”) will acquire all of Milestone’s subsidiaries and assets (the “Transaction”) and Milestone unitholders (“Unitholders”) will… [Read More]

Milestone Apartments REIT Receives Unitholder Approval for Going Private Transaction with Starwood Capital Group

March 28, 2017 By NewsWire Tagged With: TSX:MST.UN

TORONTO and DALLAS, March 28, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) announced that at the special meeting (the “Special Meeting”) of unitholders of the REIT (“Unitholders”) held earlier today, Unitholders approved the acquisition of all of Milestone’s subsidiaries and assets (the “Transaction”) by an affiliate of Starwood… [Read More]

Milestone Apartments REIT and Starwood Capital Group Agree to Revised Going Private Transaction That Will Result in Unitholders Receiving US$16.25 Per Trust Unit

March 22, 2017 By NewsWire Tagged With: TSX:MST.UN

Institutional unitholders representing approximately 16% of Milestone’s voting units have committed to vote in favor of the revised transaction TORONTO and DALLAS, March 22, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) and an affiliate of Starwood Capital Group (“Starwood”) today announced that they have agreed to amend their… [Read More]

Milestone Apartments REIT Announces 2016 Fourth Quarter and Year-End Results

March 22, 2017 By NewsWire Tagged With: TSX:MST.UN

TORONTO and DALLAS, March 22, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that the REIT has filed its Management’s Discussion and Analysis and Audited Consolidated Financial Statements for the year ended December 31, 2016 on SEDAR. These documents are available on the REIT’s website at www.milestonereit.com. In… [Read More]

Milestone Apartments REIT Declares March 2017 Distribution

March 15, 2017 By NewsWire Tagged With: TSX:MST.UN

TORONTO and DALLAS, March 15, 2017 /CNW/ –  Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of US$0.05041 per REIT unit for the month of March 2017, representing US$0.60492 per unit on an annualized basis. Payment will be made on April 13, 2017 to unitholders of record as at March 31, 2017.  About Milestone… [Read More]

Milestone Apartments REIT Postpones Special Unitholder Meeting to March 28, 2017

March 2, 2017 By NewsWire Tagged With: TSX:MST.UN

DALLAS, TX, March 2, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that the special meeting of unitholders to consider the proposed going private transaction of the REIT has been postponed to Tuesday, March 28, 2017 at 10:00 a.m. (Toronto time). As a result, the voting… [Read More]

/C O R R E C T I O N from CNW — Milestone Apartments REIT/

February 23, 2017 By NewsWire Tagged With: TSX:MST.UN

In the news release, Milestone Urges Unitholders to Vote “For” the Proposed Transaction with Starwood, issued 22-Feb-2017 by Milestone Apartments REIT over CNW, in the table column “What ISS Overlooked” in the “Robust Process” row, the text from the row beneath was inadvertently duplicated by CNW, as incorrectly transmitted. The complete, corrected release follows: Milestone… [Read More]

Leading Independent Proxy Advisor Glass Lewis Recommends Milestone Apartments REIT Unitholders Vote “FOR” the Going Private Transaction of the REIT

February 21, 2017 By NewsWire Tagged With: TSX:MST.UN

Unitholders will crystallize value with US$16.15 in cash for each Milestone Apartments REIT unit DALLAS, Feb. 21, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that Glass, Lewis & Co., LLC (“Glass Lewis”), a leading independent proxy voting advisory firm, has recommended that Milestone unitholders vote… [Read More]

Milestone Apartments REIT Declares February 2017 Distribution

February 15, 2017 By NewsWire Tagged With: TSX:MST.UN

TORONTO and DALLAS, Feb. 15, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of US$0.05041 per REIT unit for the month of February 2017, representing US$0.60492 per unit on an annualized basis. Payment will be made on March 15, 2017 to unitholders of record as at February 28, 2017.  About Milestone The… [Read More]

Milestone Apartments REIT to be Acquired by Starwood Capital Group

January 19, 2017 By NewsWire Tagged With: TSX:MST.UN

Milestone Unitholders to receive US$16.15 per Unit in cash reflecting an attractive premium of approximately 16% to the 30-day volume weighted average price per REIT Unit and an average price per apartment unit of approximately US$120,000 TORONTO and DALLAS, Jan. 19, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the… [Read More]

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