CDPYF News and Press, Canadian Apartment Properties Real Estate Investment Trust Tr Units From 09/05/23

TORONTO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, since its last transaction press release on June 8, 2023, it has closed on six non-core dispositions in Canada, and has entered into ...

2023-09-05 09:30:00 ET Summary Four of the big five Canadian banks have allowed floating-rate customers to extend and pretend by making the same mortgage payments as when floating rates were sub-2%. Higher debt-service payments are a headwind for debtors and the overall economy. ...

2023-08-30 11:30:00 ET Summary Canada’s housing bubble is crystal clear unless you are paid not to see it (wilfully blind) or painfully naive. The average national home price of 754K in July is ten times the average household income of $75k. From a 52-year low last summ...

2023-08-29 09:25:19 ET Summary Minto Apartment REIT has been one of the worst residential REIT performers amongst those that own Canadian apartments. We examine the risks from the debt load and compare vs. peers. We also take a look at the implied cap rate vs. the NAV cap rate...

2023-08-22 15:24:00 ET Summary Today’s home affordability is the lowest on record, thanks to elevated prices and the highest mortgage rates in 23 years. The combination of sky-high prices and historically average interest rates puts the median Canadian home price some 32% a...

2023-08-21 11:55:00 ET Summary Housing market holding up despite rate hikes. Some weakness in Greater Toronto Area. Immigration to outstrip housing supply. Interest rates have been on the rise, but it hasn’t been enough to dampen the housing market. MoneyTalk&...

2023-08-16 09:33:03 ET Canadian Apartment Properties Real Estate Investment Trust (CAR.UN:CA) declares CAD 0.1208/share monthly dividend , in line with previous. Forward yield 2.95% Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30. See CAR.UN:CA D...

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) --  Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The August distribution wi...

2023-08-07 16:53:17 ET Summary CAPREIT had a solid Q2-2023 with strong occupancies and a robust increase in operating revenues. Despite inflationary headwinds, CAPREIT managed to increase FFO per unit through unit repurchases. We look at the investment case based on historic m...

2023-08-04 14:48:08 ET Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Q2 2023 Earnings Conference Call August 04, 2023 09:00 AM ET Company Participants Nicole Dolan - Associate Director of Investor Relations Mark Kenney - President & Chief Exe...