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National

Development financing continues despite COVID-19: Canada ICI

Steve McLean Residential Development National May. 27 2020

Canada ICI Capital Corporation was established by Dale Klein in 1993 as a boutique mortgage origination firm and has since been involved with funding transactions worth more than $20 billion. However, it wasn’t until very recently that it had to

H&R pares distributions, writes down $1.3B in property value

Don Wilcox Residential Shopping Centres National May. 25 2020

After cutting its distribution in half, and paring the IFRS value of its assets by about $1.3 billion, H&R REIT chief executive officer Tom Hofstedter believes the trust has positioned itself for virtually any eventuality created by the COVID-19 pandemic

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