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Marketwired - Commercial Real Estate



Marketwired - Commercial Real Estate



Last Build Date: Tue, 21 Nov 2017 10:23:52 EST

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UPDATE: Following bankruptcy, Pacific Coast Flange's Mound House facility and assets to be sold in an online auction

Tue, 21 Nov 2017 09:51:14 EST

Machining and fabrication equipment to be sold a live webcast auction on Aucto.com




Clear Capital Leading The Way In Artificial Intelligence & Machine Learning Capabilities

Tue, 21 Nov 2017 09:01:00 EST

Ramping Up Team Resources To Lead The Charge




Following bankruptcy, Pacific Coast Flange's Mound House facility and assets to be sold in an online auction

Tue, 21 Nov 2017 09:00:00 EST

Machining and fabrication equipment to be sold a live webcast auction on Aucto.com




Nine proptech startups selected to compete at international MIPIM Startup Competition in Hong Kong

Tue, 21 Nov 2017 08:14:34 EST

PARIS, FRANCE--(Marketwired - Nov 21, 2017) - Nine companies from around the world have been chosen as finalists for the MIPIM Startup Competition, which takes place at Asia Pacific's annual property leaders' summit, the MIPIM Asia Summit 2017.




Outbound Investment Falls 51% to 14-Quarter Low

Tue, 21 Nov 2017 06:21:34 EST

HONG KONG, CHINA--(Marketwired - Nov 21, 2017) - According to Cushman & Wakefield's recent report "China Outbound Investment," Chinese outbound real estate investment fell 51% y-o-y to US$2.5 billion in Q3, the lowest total in 14 quarters. The decline came amid new outbound investment restrictions and investor caution prior to the 19th Party Congress meetings in Beijing.




Timbercreek Financial Declares November 2017 Dividend

Mon, 20 Nov 2017 17:00:00 EST

TORONTO, ON--(Marketwired - November 20, 2017) - Timbercreek Financial (TSX: TF.UN) (the "Company") is pleased to announce that its board of directors (the "Board") has declared a monthly cash dividend of $0.0575 per common share ("Common Share") of the Company to be paid on December 15, 2017 to holders of Common Shares of record on November 30, 2017.




Statement Regarding Withdrawal of Complaint Filed on Behalf of Senior Unsecured Noteholders

Mon, 20 Nov 2017 12:39:37 EST

This announcement is for informational purposes only, and is not intended to, and does not, constitute or form part of any offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for, any securities of the Algeco Group (as defined below). This announcement is not for distribution or release in or into any jurisdiction in which offers or sales would be prohibited by applicable law.




EXIT Realty Corp. International Awards Subfranchisor Rights for Arizona to Keith and Deanna Weaver

Mon, 20 Nov 2017 11:00:00 EST

LITCHFIELD PARK, AZ--(Marketwired - November 20, 2017) - EXIT Realty Corp. International announced recently that the subfranchisor rights to the state of Arizona have been awarded to Keith and Deanna Weaver.




Williams Scotsman Launches New Website Showcasing Its Company Culture and Career Opportunities

Mon, 20 Nov 2017 10:00:00 EST

BALTIMORE, MD--(Marketwired - Nov 20, 2017) - Williams Scotsman, the leading provider of modular space and storage solutions in North America, today announced the launch of a new professional career website: https://www.willscot.com/about/careers/en/. The site highlights the company's culture and the employee stories behind its lasting legacy while exemplifying Williams Scotsman's core values of collaboration, empowerment, excellence and innovation.




Dream Homes & Development Signs Letters of Intent for New Townhouse and Single-Family Home Developments in New Jersey with Retail Value of Over $88 Million

Mon, 20 Nov 2017 09:30:00 EST

Asbury Park Press names Dream Homes "Best Home Improvement Contractor" and "Best Modular Home Builder" in Ocean County




Victura Construction Group, Inc. Drastically Enhances Net Stock Holder Equity

Mon, 20 Nov 2017 09:00:00 EST

DALLAS, TX--(Marketwired - Nov 20, 2017) - Victura Construction Group, Inc. ("VICT") (OTC: VICT), a holding company focused on strategic acquisitions within the construction industry, announces that the board has recently voted to amend the company's Articles of Incorporation with the State of Wyoming to reflect a substantial reduction of authorized shares from an unlimited amount to 500,000,000 shares. The company has also reduced the Issued and Outstanding by 67% from 272,989,421 to 90,639,023 shares issued and outstanding, respectively.




Kingspan Insulated Panels Receive GREENGUARD Gold Certification

Mon, 20 Nov 2017 09:00:00 EST

Kingspan is the only metal panel manufacturer in North America to offer GREENGUARD or GREENGUARD Gold Certified products




The 7th FUNtastic QRE Festival - Fantastic activities will bring joy to Wan Chai in two consecutive weekends

Sat, 18 Nov 2017 03:31:59 EST

HONG KONG, CHINA--(Marketwired - Nov 18, 2017) - The 7th FUNtastic QRE Festival ("the Festival"), organised by Hopewell Holdings Limited, successfully kicked off today. The FUNtastic QRE Festival 2017 is one of the highlight events of Hong Kong Great November Feast, organised by the Hong Kong Tourism Board. The Festival includes the QRE Wine and Whisky Walk and the QRE Carnival. The former began at 2pm today while the popular QRE Carnival will be held on 25-26 November.




Timbercreek U.S. Multi-Residential Opportunity Fund #1 Wind-up Update

Fri, 17 Nov 2017 17:04:14 EST

TORONTO, ON--(Marketwired - November 17, 2017) - Timbercreek U.S. Multi-Residential Opportunity Fund #1 (the "Fund") today announced that, with the receipt of the Ontario Securities Commission Decision 2017/0601 (the "Decision"), the Fund is no longer a reporting issuer under applicable securities legislation. The cessation of reporting issuer status is a key milestone in the previously announced wind-up of the Fund (the "Wind-up").




SmartCentres Declares Distribution for November 2017

Fri, 17 Nov 2017 16:01:00 EST

TORONTO, ONTARIO--(Marketwired - Nov. 17, 2017) - SmartCentres Real Estate Investment Trust ("SmartCentres") (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2017 of CDN $0.14583 per trust unit, representing CDN $1.75 per unit on an annualized basis. Payment will be made on December 15, 2017 to unitholders of record on November 30, 2017.




Stantec Tower Grows Closer to Tallest Building in Western Canada With Topping-Off of Commercial Level

Fri, 17 Nov 2017 14:30:00 EST

Commercial level topping off makes way for SKY Residences construction




BBX Capital Announces Bluegreen Vacations Has Commenced Trading On the New York Stock Exchange

Fri, 17 Nov 2017 12:26:00 EST

FORT LAUDERDALE, FL--(Marketwired - November 17, 2017) - BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital" or the "Company") today announced that Bluegreen Vacations Corporation's (NYSE: BXG) ("Bluegreen Vacations" or "Bluegreen") common stock commenced trading on the New York Stock Exchange under the ticker symbol "BXG".




Bluegreen Vacations Corporation Announces Commencement of Trading on the New York Stock Exchange

Fri, 17 Nov 2017 12:26:00 EST

BOCA RATON, FL--(Marketwired - November 17, 2017) - Bluegreen Vacations Corporation ("Bluegreen Vacations" or "Bluegreen") (NYSE: BXG), announced today that its Common Stock commenced trading on the New York Stock Exchange ("NYSE") under the ticker symbol "BXG".




First GREEN Bank Lends Nearly $4 Million to Facilitate Debary Town Center Development

Fri, 17 Nov 2017 10:10:09 EST

Loan supports Charles Wayne for the development of mixed use land project in Debary Transportation Overlay District (TOD) surrounding SunRail Station




Bluegreen Vacations Corporation and BBX Capital Corporation Announce Pricing of Bluegreen Vacations' Initial Public Offering

Thu, 16 Nov 2017 21:00:00 EST

BOCA RATON, FL and FORT LAUDERDALE, FL--(Marketwired - November 16, 2017) - Bluegreen Vacations Corporation ("Bluegreen Vacations") and its parent company, BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), jointly announced today that Bluegreen Vacations has priced its initial public offering of 6,498,648 shares of its common stock at a price to the public of $14.00 per share. Bluegreen Vacations is offering 3,736,723 shares, and a wholly-owned subsidiary of BBX Capital is offering 2,761,925 shares as a selling shareholder. The shares are expected to begin trading on the New York Stock Exchange on November 17, 2017, under the ticker symbol "BXG." The offering is expected to close on November 21, 2017, subject to the satisfaction of customary closing conditions.




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

Thu, 16 Nov 2017 18:05:58 EST

VANCOUVER, BC--(Marketwired - November 16, 2017) - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN) (TSX: HOT.U) (TSX: HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit ("Unit") for the period of November 1, 2017 to November 30, 2017, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be paid on December 15, 2017 to unitholders of record at the close of business on November 30, 2017.




Statement Regarding Complaint Filed on Behalf of Senior Unsecured Noteholders

Thu, 16 Nov 2017 15:09:11 EST

This announcement is for informational purposes only, and is not intended to, and does not, constitute or form part of any offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for, any securities of the Algeco Group (as defined below). This announcement is not for distribution or release in or into any jurisdiction in which offers or sales would be prohibited by applicable law.




Allied Properties Real Estate Investment Trust Announces November 2017 Distribution

Thu, 16 Nov 2017 10:26:39 EST

TORONTO, ONTARIO--(Marketwired - Nov. 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 November 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on December 15, 2017, to unitholders of record as at November 30, 2017.




TaskEasy Raises $21.3M Series C to Expand On-Demand Lawn Maintenance Services

Thu, 16 Nov 2017 08:00:00 EST

TaskEasy brings online convenience to property and lawn maintenance nationwide, improves customer and property manager experience, and contractor efficiency




Brightness LLC and Revolution Lighting Technologies Selected by St. George College for Multi-Purpose Campus LED Lighting Retrofit

Thu, 16 Nov 2017 07:32:00 EST

Lighting distributor installs Revolution Lighting Technologies' industry leading LED Eco Thin Panels throughout the college's interior; lights decrease energy consumption while creating a more productive lighting environment for students and teachers




PROREIT Reports Third Quarter 2017 Financial and Operating Results

Wed, 15 Nov 2017 18:28:04 EST

MONTRÉAL, QUÉBEC--(Marketwired - Nov. 15, 2017) -




Northview Apartment REIT Announces $197 Million Strategic Acquisition of 1,250 Units in Key Growth Markets

Wed, 15 Nov 2017 17:38:42 EST

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Northview Apartment Real Estate Investment Trust ("Northview") (TSX:NVU.UN) today announced it has agreed to acquire a 1,250 unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. ("Starlight"), for an aggregate purchase price of $196.8 million, with a weighted average capitalization rate of 4.4%. In addition, Northview has agreed to a sale, to an independent third-party vendor, of a 216 unit non-core asset located in Kitchener, ON, for $37.7 million. Following these transactions, which are expected to close in early December 2017, Northview's multi-family portfolio will increase to over 25,000 units.




Talonvest Arranges a $13.4M Loan for State-of-the-Art Storage Facility

Wed, 15 Nov 2017 15:50:20 EST

IRVINE, CA--(Marketwired - November 15, 2017) - Talonvest Capital, Inc., a boutique self storage and commercial real estate advisor, successfully negotiated a $13,400,000 conduit loan to refinance Goodfriend Self Storage on behalf of venture partners, Post Management and Clark Investment Group. The state-of-the-art facility is located at 4301 Tonnelle Avenue, North Bergen, NJ. Originally built as an industrial warehouse, the property was recently converted into a two-story, class A, storage facility with 89,800 climate controlled, rentable square feet. The cash out loan repaid the existing construction/bridge loan, returned the original equity invested, and paid the accrued preferred return to the equity. A global investment banking firm, with whom Talonvest has a long-standing relationship, provided a 10-year, non-recourse loan with two years of interest only payments. Unique features of this assignment included using forward looking underwriting in the original sizing of the loan and final loan sizing based on a sub 8% debt yield. The aggressive approach to sizing the loan was influenced by the experience of the sponsorship, the quality conversion of the real estate, and the premiere market.




Chartwell Announces a Public Offering of $245 Million of Trust Units

Wed, 15 Nov 2017 15:29:36 EST

MISSISSAUGA, ONTARIO--(Marketwired - Nov. 15, 2017) -




Northview Apartment REIT Announces November 2017 Distribution

Wed, 15 Nov 2017 14:57:39 EST

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its November 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on December 15, 2017 to holders of trust units of record at November 30, 2017.




Alan B. Levan Named 2017 Broward County Chairman of the Year by South Florida Business & Wealth Magazine

Wed, 15 Nov 2017 13:00:00 EST

FORT LAUDERDALE, FL--(Marketwired - November 15, 2017) - BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital" or the "Company"), today announced that the Company's Chairman and Chief Executive Officer, Alan B. Levan, was named the 2017 Broward County Chairman of the Year by South Florida Business & Wealth Magazine at the 2017 Apogee Awards.




Solar Integrated Roofing Corporation Signs Vendor Deal with Lowe's Home Improvement Stores

Wed, 15 Nov 2017 10:00:00 EST

POWAY, CA--(Marketwired - Nov 15, 2017) - Solar Integrated Roofing Corporation (OTC PINK: SIRC) announced the signing of a vendor deal with Lowe's Home Improvement Stores.




Dalfen America Adds Three More Buildings to its Atlanta Portfolio

Wed, 15 Nov 2017 09:00:00 EST

DALLAS, TEXAS--(Marketwired - Nov. 15, 2017) -




Algeco Scotsman Announces Availability of Certain Information Relating to Williams Scotsman

Wed, 15 Nov 2017 08:27:36 EST

BALTIMORE, MD--(Marketwired - Nov 15, 2017) - Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, "Algeco Scotsman") today announced that, in connection with the previously announced offering of senior secured notes due 2022 by its wholly-owned subsidiary Williams Scotsman International, Inc. ("Williams Scotsman"), Algeco Scotsman has made available certain information relating to Williams Scotsman on its website, which can be accessed at Certain Information Relating To Williams Scotsman.




Causeway Bay defends title as Asia's most expensive retail street

Wed, 15 Nov 2017 02:53:34 EST

HONG KONG, CHINA--(Marketwired - Nov 15, 2017) -




Terra Firma Capital Corporation Announces Renewal of Normal Course Issuer Bid

Tue, 14 Nov 2017 16:25:27 EST

TORONTO, ONTARIO--(Marketwired - Nov. 14, 2017) - Terra Firma Capital Corporation (TSX VENTURE:TII) ("Terra Firma" or the "Company"), a real estate finance company, announced today approval by the TSX Venture Exchange (the "TSX-V") of the Company's renewal of its Normal Course Issuer Bid ("NCIB") which expired on November 3, 2017 (the "Prior NCIB"). Pursuant to the renewed NCIB, the Company proposes to purchase through the facilities of the TSX-V (or by other means as may be permitted by the TSX-V), from time to time over the next 12 months, if considered advisable, up to an aggregate of 4,255,765 common shares, being approximately 10% of the public float (as such term is defined under the TSX-V Corporate Finance Manual). The Company may not purchase more than 2% of the issued and outstanding common shares during any 30 day period, which as of the date of this announcement represented 1,279,205 common shares.




Lighting and Decor Professionals Offer a Practical and Safe Alternative for Do-It-Yourself Holiday Decorators

Tue, 14 Nov 2017 16:14:41 EST

Holiday decor specialists deliver high-impact holiday sparkle with safety and convenience




Algeco Scotsman Announces $300 Million Senior Secured Notes Offering by Williams Scotsman

Tue, 14 Nov 2017 15:17:29 EST

BALTIMORE, MD--(Marketwired - Nov 14, 2017) - Algeco/Scotsman Holding S.à r.l. ("A/S Holding" and, together with its subsidiaries, "Algeco Scotsman"), today announced that its wholly-owned subsidiary Williams Scotsman International, Inc. ("Williams Scotsman") is launching an offering of $300 million in aggregate principal amount of senior secured notes due 2022 (the "Notes"). The proceeds of the offering will be used together with funds from other sources to: (i) fund William Scotsman's planned business combination (the "Business Combination") with Double Eagle Acquisition Corp., a NASDAQ-listed special purpose acquisition company ("Double Eagle"), (ii) prepay certain existing third-party and intercompany indebtedness, (iii) pay fees and expenses incurred in connection with the Business Combination and (iv) provide cash for the combined company's balance sheet.