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Dream Impact Trust Announces Correction to Voting Results of Special Meeting of Unitholders

TORONTO--(BUSINESS WIRE)--DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”), announced today that, at its special meeting (the “Meeting”) of unitholders of the Trust (“Unitholders”) held earlier today, Unitholders approved the resolution (the “Amendments Resolution”) approving amendments to the terms of the Trust’s outstanding 5.50% convertible unsecured subordinated debentures due 2026 (the “Debentures”) to change the conversion price of such debentures from $31.02 per unit to...
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Dream Industrial REIT Appoints Chief Operating Officer

TORONTO--(BUSINESS WIRE)--DREAM INDUSTRIAL REIT (TSX: DIR.UN) or (the “Trust”) and DREAM OFFICE REIT (TSX: D.UN) or (“Dream Office”) are pleased to announce the appointment of Mr. Gord Wadley as the Trust's Chief Operating Officer effective January 1, 2026. In his new role with the Trust, Mr. Wadley will be responsible for all aspects of portfolio operations including property management and leasing. Mr. Wadley is currently the Chief Operating Officer of Dream Office REIT. He joined the company...
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Dream Impact Trust Announces Voting Results of Special Meeting of Unitholders

TORONTO--(BUSINESS WIRE)--DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”), announced today that, at its special meeting (the “Meeting”) of unitholders of the Trust (“Unitholders”) held earlier today, Unitholders approved the resolution (the “Amendments Resolution”) approving amendments to the terms of the Trust’s outstanding 5.50% convertible unsecured subordinated debentures due 2026 (the “Debentures”) to change the conversion price of such debentures from $31.02 per unit to...
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Dream Industrial REIT Announces Credit Rating Upgrade to BBB (High) From BBB by Morningstar DBRS

TORONTO--(BUSINESS WIRE)--Dream Industrial Real Estate Investment Trust (DIR.UN-TSX) (the “Trust” or “Dream Industrial REIT” or “Dream Industrial” or “we” or “us”) today announced receipt of its issuer rating and senior unsecured debentures credit rating upgrade to BBB (high) with Stable trends, from BBB, assigned by Morningstar DBRS (“DBRS”). “We are proud to announce an upgrade in our credit rating to BBB (high),” said Alexander Sannikov, President & Chief Executive Officer of Dream Indus...
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SmartStop Self Storage REIT, Inc. Grows Presence in Orlando MSA With Acquisition of Winter Garden Facility

LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. Grows Presence in Orlando MSA With Acquisition of Winter Garden Facility...
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FCPT Announces Sale-Leaseback of Two Hawaiian Bros Properties from Stine Enterprises for $5.9 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two Hawaiian Bros properties for $5.9 million from Stine Enterprises via sale-leaseback. Hawaiian Bros is a fast-casual restaurant concept specializing in fresh-food plate lunches with more than 60 locations...
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Orion Properties Announces that Director Nomination Notice from Kawa is Invalid

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the notice submitted by The Kawa Fund Limited (together with its affiliates, “Kawa”), which purported to nominate five candidates to stand for election to Orion’s Board of Directors at the Company’s 2026 annual meeting, is invalid. Orion’s Board of Directors reviewed Kawa’s notice and has unanimously determined that the submission did not meet several requirements set forth in Orion’s byl...
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Strategic Storage Trust VI, Inc. Reports Third Quarter 2025 Results

LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. Reports Third Quarter 2025 Results...
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Seritage Growth Properties Makes $130 Million Loan Prepayment

NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $130.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”). The prepayment is being made from the proceeds of recent property sales including the sale of the Company’s Aventura, FL...
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FrontView REIT Secures Long-Term Avis Lease at Former TriColor Site, Unlocking Value Through Real Estate Underwriting and Asset Management Execution

DALLAS--(BUSINESS WIRE)--FrontView REIT, Inc. (NYSE: FVR) (“FrontView”, “we”, or the “Company”) today announced the successful re-leasing of its former TriColor property in Marietta, Georgia to Avis Budget Group. FrontView executed a new 10-year absolute net lease with Avis at the former TriColor site with an initial annual base rent of $480,000 and 2.1% average annual rent escalators. Based on comparable long-term leases in the marketplace with similarly rated credits, we estimate the property...