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Preview: Market Wire - Real Estate and Construction: Commercial Real Estate

Marketwired - Commercial Real Estate



Marketwired - Commercial Real Estate



Last Build Date: Wed, 18 Oct 2017 18:01:56 EDT

Copyright: Copyright: (C) Marketwired
 



American Hotel Income Properties REIT LP Announces October 2017 U.S. Dollar Cash Distribution

Wed, 18 Oct 2017 17:30:00 EDT

VANCOUVER, BC--(Marketwired - October 18, 2017) - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN) (TSX: HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit ("Unit") for the period of October 1, 2017 to October 31, 2017, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be paid on November 15, 2017 to unitholders of record at the close of business on October 31, 2017.




Foundry Commercial's Nashville Office to Relocate to The Pinnacle at Symphony Place in Downtown Nashville

Wed, 18 Oct 2017 11:26:23 EDT

Commercial real estate firm to grow team, enhance client accessibility at new location




First GREEN Bank Loans $8 Million to CERTUS Senior Living to Construct New Facility in Mount Dora

Wed, 18 Oct 2017 10:07:07 EDT

Community bank approves loan for CERTUS Premier Memory Care Living, an assisted living facility to accommodate seniors suffering from Alzheimer's and dementia




Cite Partners Sees Explosive Growth and New Office Space

Wed, 18 Oct 2017 09:20:04 EDT

Central Florida commercial real estate firm nearly doubles in size, adds new Retail and Retail Investment teams and moves to larger office space




LIG Assets, Inc., Secures New Office & Manufacturing Facility and Additional Steel Framing Contracts

Wed, 18 Oct 2017 09:00:00 EDT

NASHVILLE, TN--(Marketwired - Oct 18, 2017) - LIG Assets, Inc. (OTC PINK: LIGA) (also known as the "Leader in Green Assets" or "LIGA") announced today the Company's new wholly-owned subsidiary, LIG Developments, LLC., a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella, has secured its new offices and a separate manufacturing facility in the Dallas area to manage and implement the Company's business and manufacturing operations for the entire state of Texas. Full operational capabilities of the new manufacturing facility are currently underway and photographs of the facility and operations will be made available at LIGA's Social Media Twitter.com/LIGAssets and Corporate website. The new offices are located in the Roanoke Center, 610 Byron Nelson Blvd, Suite 111 in Roanoke, Texas. The new facility will focus on the mass production, sales and use of steel framing units, magnesium oxide boards, LIGA's exclusive R-60 insulation materials and other Plarr systems to be used in the Company's future construction projects and direct to consumer sales that go into creating LIGA's exclusive disaster resistant and fully sustainable homes and structures.




Terra Firma Capital Corporation Announces Closing of First Mortgage Transaction in Jacksonville, Florida for US$14.8 Million (CDN$18.6 Million)

Wed, 18 Oct 2017 08:00:00 EDT

TORONTO, ONTARIO--(Marketwired - Oct. 18, 2017) - Terra Firma Capital Corporation (TSX VENTURE:TII) ("Terra Firma" or the "Company"), is pleased to announce the closing of a US$14.8 million (CDN$18.6 million) first mortgage loan (the "Loan") secured by 267 lots, part of a 642 lot master planned community located in one of the most desirable residential submarkets in the fast growing Metropolitan Statistical Area (MSA) of Jacksonville, Florida.




RICS and Macdonald & Company released its 11th annual salary and benefits study; Result indicates young professionals are highly valued in Asia's property sector

Wed, 18 Oct 2017 06:10:16 EDT

HONG KONG, CHINA--(Marketwired - Oct 18, 2017) - RICS (Royal Institution of Chartered Surveyors) and Macdonald & Company released its 11th annual salary and benefits study for the Asian property sector. The survey revealed that the age group between 25-30 years old received the largest average salary increase, as a result of employers being willing to offer attractive compensation packages to young professionals. Furthermore, RICS-qualified respondents continue to enjoy higher base salaries than their non-qualified counterparts, marking the importance of obtaining a professional qualification, with the earnings gap landing at 12.4 per cent based on the survey results.




Timbercreek U.S. Multi-Residential Opportunity Fund #1 Announces Intention to Apply to Cease to be a Reporting Issuer

Tue, 17 Oct 2017 21:10:57 EDT

TORONTO, ON--(Marketwired - October 17, 2017) - Timbercreek U.S. Multi-Residential Opportunity Fund #1 (the "Fund") today announced that, in connection with its previously announced wind-up (the "Wind-up"), the Fund intends to apply to cease to be a reporting issuer in all jurisdictions in which it is currently a reporting issuer on or about November 1, 2017 (the "Application").




Fortis Inc. reçoit le Prix de la CCGG pour ses bonnes pratiques de gouvernance

Tue, 17 Oct 2017 17:30:57 EDT

ST. JOHN'S, TERRE-NEUVE-ET-LABRADOR--(Marketwired - 17 oct. 2017) -




Algeco Scotsman Announces Additional Notes Funding

Tue, 17 Oct 2017 16:41:19 EDT

BALTIMORE, MD--(Marketwired - Oct 17, 2017) -  Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, "Algeco Scotsman"), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that its subsidiary, Algeco Scotsman Global S.à r.l. (the "Issuer"), entered into a notes indenture (the "Indenture") with an affiliate (the "Holder") of its ultimate majority shareholder, TDR Capital LLP, pursuant to which the Issuer issued $72.0 million of 8.5% senior secured notes (the "Notes") to the Holder. The Notes will be due on the earlier of (i) October 15, 2018 and (ii) the date, notified by the Issuer to the Holders, which is no later than the 15th Business Day after closing of the sale by AS Holding or any of its affiliates of all of the capital stock of its North American modular space and portable storage operations ("Williams Scotsman"). The Notes bear interest, payable semi-annually. The Indenture contains covenants and events of default similar to those of the indenture governing the senior secured notes (the "Senior Secured Notes"), entered into by, among others, Algeco Scotsman Global Finance plc and dated as of October 11, 2012. The Indenture also includes a covenant by the Issuer to use commercially reasonable efforts to complete, within 45 calendar days of a request to the Issuer from holders of not less than a majority in aggregate principal amount of the then outstanding Notes, (i) the accession of Algeco Scotsman Global Finance plc and the guarantors of the Senior Secured Notes to the Indenture as guarantors, and (ii) the execution of substantially the same security documents (as amended for structure) as entered into for the issuance of the additional Senior Secured Notes on May 24, 2017. Algeco Scotsman will use the proceeds from the Notes for general corporate purposes. The additional liquidity provided by the Notes will enable Algeco Scotsman to continue to pursue organic and inorganic growth opportunities primarily in relation to the improving macro-economic environment in Europe and to support the rebuilding and restoration efforts following the natural disasters in the U.S.




RioCan and Allied Announce Results of Condo Marketing Program at King Portland Centre in Toronto's Downtown West

Tue, 17 Oct 2017 16:16:26 EDT

TORONTO, ONTARIO--(Marketwired - Oct. 17, 2017) - RioCan REIT (TSX:REI.UN) and Allied Properties REIT (TSX:AP.UN) today announced that the residential condominium units at King Portland Centre are substantially sold out, subject to customary closing conditions and rights of rescission. RioCan and Allied expect the profitability of these units to exceed initial expectations.




Holiday Lighting Specialists Help Relieve Seasonal Stress

Tue, 17 Oct 2017 15:02:20 EDT

Christmas Decor decorators advise property owners to plan now for great holiday decorating results




Solar Integrated Roofing Corporation Eliminates Financial Roadblocks to Going Solar

Tue, 17 Oct 2017 10:00:00 EDT

POWAY, CA--(Marketwired - Oct 17, 2017) - Solar Integrated Roofing Corporation (OTC PINK: SIRC) announces they have entered into a national agreement with TPO, third-party-ownership and finance company, to enhance their financing options for their solar and roofing customers.




Metrospaces Issues November 2017 Shareholder Letter

Tue, 17 Oct 2017 09:15:00 EDT

NEW YORK, NY--(Marketwired - Oct 17, 2017) - Metrospaces, Inc. (OTC PINK: MSPC) today issued a letter to shareholders explaining the current state of projects, with revenue guidance on Etelix and new projects in consideration.




Cherubim Interests Inc. Acquires Flagship Property for Launch of Technology and Business Concept

Tue, 17 Oct 2017 08:30:00 EDT

PORTLAND, OR--(Marketwired - Oct 17, 2017) -  Cherubim Interests, Inc. (OTC PINK: CHIT) ("the Company"), an expansion-stage alternative construction and real estate development company, announces that it has acquired its Flagship location to deploy its BudCube Cultivation Systems technology and hybrid business concept. The property, located in Lowell, Oregon, will serve as the company's flagship leasing center, comprising of more than twenty acres zoned F2 or Impacted Forest Land. F2 zoned property is primarily resource land to be used for forestry, agriculture and related activities. 




Northview Apartment REIT Announces October 2017 Distribution

Mon, 16 Oct 2017 17:15:28 EDT

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2017) - Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its October 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on November 15, 2017 to holders of trust units of record at October 31, 2017.




Fortis Inc. présente ses nouvelles perspectives quinquennales et annonce une augmentation du dividende trimestriel de 6,25 %

Mon, 16 Oct 2017 17:03:24 EDT

ST. JOHN'S, TERRE-NEUVE-ET-LABRADOR--(Marketwired - 16 oct. 2017) - (TSX:FTS)(NYSE:FTS)




Fortis Inc. Receives CCGG Award for Good Governance Practices

Mon, 16 Oct 2017 16:35:08 EDT

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Oct. 16, 2017) -




Allied Properties Real Estate Investment Trust Announces October 2017 Distribution

Mon, 16 Oct 2017 15:42:27 EDT

TORONTO, ONTARIO--(Marketwired - Oct. 16, 2017) - Allied Properties REIT (the "REIT") (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1275 per unit for the month of October 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on November 15, 2017, to unitholders of record as at October 31, 2017.




Sienna Senior Living Announces Proposed Acquisition of Two Luxury Retirement Residences in Ontario and $100 Million Bought Deal Public Offering of Common Shares

Mon, 16 Oct 2017 15:35:20 EDT

MARKHAM, ONTARIO--(Marketwired - Oct. 16, 2017) -




OmniMax International, Inc. announces new President, Americas

Mon, 16 Oct 2017 12:58:00 EDT

NORCROSS, GA--(Marketwired - October 16, 2017) - OmniMax International, Inc. announced today that, effective October 16, 2017, Harold Bevis will join the Company as President, Americas reporting to Richard C. Brown, Chief Executive Officer. Mr. Bevis previously served as President and CEO of Xerium Technologies from 2012 to 2017 and has broad industry expertise in building products, consumer products, aerospace, telecommunications, data communications, industrial systems, packaging, paper, and industrial textiles. He holds an MBA from Columbia Business School and a BS in Industrial Engineering from Iowa State University.




Defender Technologies Introduces PermaStrong Building System

Mon, 16 Oct 2017 12:26:10 EDT

Offers increased structural support to better withstand damage from hurricanes and tornados




SG Blocks Secures Largest U.S. Verizon Wireless Retailer for Prototype Retail Store in Colorado and Leading Southeast Developer for Outdoor Retail Venue in Upstate South Carolina

Mon, 16 Oct 2017 08:31:00 EDT

Exclusive ESR Certification Ensures Both Projects will Exceed All Building Codes and Have Increased Speed to Market




Fortis Inc. Provides New Five-Year Outlook and Announces 6.25% Quarterly Dividend Increase

Mon, 16 Oct 2017 06:00:00 EDT

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Oct. 16, 2017) - Fortis Inc. (TSX:FTS)(NYSE:FTS)




Melcor REIT declares October, November and December distributions; announces Q3-2017 conference call details

Fri, 13 Oct 2017 16:30:00 EDT

EDMONTON, AB--(Marketwired - October 13, 2017) - Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2017.

The October, November and December distributions will be payable as follows:




Supporting Their Growing Team, Intermarkets Moves into New Office Space

Thu, 12 Oct 2017 11:26:15 EDT

Intermarkets Selects One Freedom Square in Reston Town Center as Larger Headquarters




Apto Announces Angela Tucci as New CEO

Thu, 12 Oct 2017 10:13:00 EDT

DENVER, CO--(Marketwired - Oct 12, 2017) - Apto, the leading web-based commercial real estate software for brokers, today announced that it has hired Angela Tucci as chief executive officer. Tanner McGraw, Apto's founder and former CEO, will continue as chairman of the board and will take on a new role as the company's chief strategy officer. 




Three Leading MLSs -- CRMLS, MetroList and High Desert -- Achieve Platinum Certification for RESO Data Dictionary 1.6

Thu, 12 Oct 2017 10:00:00 EDT

New Features Include Accessibility, Showing Data, Saved Searches, Internet Tracking and More




True North Commercial Real Estate Investment Trust Announces An Increase To The Previously Announced Equity Offering To $35 Million

Thu, 12 Oct 2017 08:58:42 EDT

TORONTO, ONTARIO--(Marketwired - Oct. 12, 2017) -




Revolution Lighting Technologies Announces Third Quarter 2017 Earnings Report Date

Thu, 12 Oct 2017 07:32:00 EDT

STAMFORD, CT--(Marketwired - October 12, 2017) - Revolution Lighting Technologies (NASDAQ: RVLT), a leader in advanced LED lighting technology solutions, today announced that it will issue a press release reporting financial results for the third quarter ended September 30, 2017, prior to market open on October 26, 2017.




Black Diamond Group Limited Announces Third Quarter 2017 Results Conference Call

Thu, 12 Oct 2017 07:30:00 EDT

CALGARY, AB--(Marketwired - October 12, 2017) - Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX: BDI), a leading provider of modular workspace solutions and workforce accommodation, today announced the timing of its 2017 third quarter webcast.

Black Diamond will release its 2017 third quarter results after markets close on Tuesday, November 7, 2017, and hold a conference call and webcast at 8:30 a.m. MT (10:30 a.m. ET) on Wednesday, November 8, 2017.




2017 MIPIM Asia Awards Winners Unveiled

Thu, 12 Oct 2017 07:18:07 EDT

PARIS, FRANCE and HONG KONG, CHINA--(Marketwired - Oct 12, 2017) - Reed MIDEM, organiser of MIPIM Asia, today announces the 33 winners of its 2017 MIPIM Asia Awards competition.




Co-working trend keeps Hong Kong office active as rents keep growing

Thu, 12 Oct 2017 06:58:44 EDT

HONG KONG, CHINA--(Marketwired - Oct 12, 2017) -




Chubb Appoints Edward Rayfield as Singapore's Head of Casualty

Wed, 11 Oct 2017 23:50:31 EDT

SINGAPORE--(Marketwired - Oct 11, 2017) - Chubb announced today that Edward Rayfield has been appointed as Head of Casualty in Singapore. In his new role, he reports to Liam Burrell, Division Head of Property & Casualty (P&C).