TORONTO and DALLAS, March 15, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it will be added to the S&P/TSX Composite Index after the close of trading on Friday, March 18, 2016. The S&P/TSX Composite Index is the headline index and a primary broad market measure… [Read More]
Milestone Apartments REIT Reports 2015 Fourth Quarter and Year-End Results
– Rent increases, strong occupancy, continued portfolio expansion and operating efficiencies drive Q4 2015 AFFO growth of 27.0% and total and samestore NOI growth of 19.7% and 12.2%, respectively – – 2015 AFFO grew 30.0% with total and samestore annual NOI growth of 23.1% and 8.2%, respectively – TORONTO and DALLAS, March 3, 2016 /CNW/ – Milestone Apartments… [Read More]
Milestone Apartments REIT Announces February 2016 Distribution
– REIT Provides Update on Property Dispositions and Tax Treatment of Cash Distributions – TORONTO/DALLAS, Feb. 16, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of US$0.04583 per REIT unit for the month of February, representing US$0.55 per REIT unit on an annualized… [Read More]
Milestone Apartments REIT Announces Closing of US$502 Million Landmark Property Portfolio Acquisition and the Issuance of 9,591,000 REIT Units in Exchange for Subscription Receipts
– Transaction Adds 4,172 Apartment Units to REIT Portfolio and Establishes Strategic Relationship with Starwood Capital Group, Increasing Property Management Platform to Over 50,000 Units – /NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and DALLAS, Jan. 27, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”… [Read More]
Milestone Apartments REIT to Report Fourth Quarter and Fiscal 2015 Financial Results on Thursday, March 3, 2016
TORONTO AND DALLAS, Jan. 21, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) will report its fourth quarter and fiscal 2015 financial results after market close on Thursday, March 3, 2016. Robert Landin, CEO, Steve Lamberti, COO, and Ryan Newberry, CFO, will host a conference call for the… [Read More]
Milestone Apartments REIT Announces January 2016 Distribution
– Distribution Increase and Change to U.S. Dollar Denominated Cash Distributions Now Effective – TORONTO and DALLAS, Jan. 15, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of US$0.04583 per REIT unit for the month of January, representing US$0.55 per REIT unit on… [Read More]
Milestone Apartments REIT Announces December 2015 Distribution
TORONTO and DALLAS, Dec. 15, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of C$0.05417 per REIT unit for the month of December, representing C$0.65 per REIT unit on an annualized basis. Payment will be made on January 15, 2016 to unitholders of… [Read More]
Milestone Apartments REIT Announces November 2015 Distribution
TORONTO and DALLAS, Nov. 16, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced a cash distribution of C$0.05417 per REIT unit for the month of November, representing C$0.65 per REIT unit on an annualized basis. Payment will be made on December 15, 2015 to unitholders of record… [Read More]
Milestone Apartments REIT Reports 2015 Third Quarter Results
– 12.2% and 6.3% total and samestore rent increases and continued strong occupancy drive total and samestore NOI growth of 21.1% and 8.0% – TORONTO, DALLAS, Nov. 4, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced its financial results for the third quarter ended September 30,… [Read More]
Milestone Apartments REIT Announces Successful Closing of Subscription Receipts Offering and Exercise in Full of Over-Allotment Option for Gross Proceeds of Approximately C$143.9 Million
TORONTO and DALLAS, Oct. 30, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (the “REIT” or “Milestone”) announced today that it has completed its previously announced offering of subscription receipts (the “Subscription Receipts”) with a syndicate of underwriters co-led by BMO Capital Markets and CIBC, and including RBC Dominion Securities Inc., National Bank Financial… [Read More]
Milestone Apartments REIT to Report Third Quarter 2015 Financial Results on November 4, 2015
â REIT also Declares October 2015 Distribution â TORONTO and DALLAS, Oct. 15, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) will report its third quarter 2015 financial results after market close on Wednesday, November 4, 2015. Robert Landin, CEO, Steve Lamberti, COO, and Ryan Newberry, CFO, will host a… [Read More]
Milestone Apartments REIT Completes US$45.0 Million Property Acquisition in Dallas
– REIT also Provides Details on Property Disposition in Phoenix – TORONTO and DALLAS, Sept. 28, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has completed the purchase of Estates at Vista Ridge (“Vista Ridge”), previously known as Broadstone Vista Ridge, a 372-unit, Class A multifamily apartment community… [Read More]