Firm Capital announces $10.7m multi residential acquisition

Firm Capital has announced the acquisiton in a multi residential building consisting of 69 units. They are located in Dartmouth, Nova Scotia. The acquisition price for is approximately $10.7 million. The property is being purchased for approximately $155,070 per unit. The transaction is being financed through a combination of existing cash resources and the assumption […]

Firm Capital announces completion of Early redemption of 5.40 debentures

Firm Capital Mortgage Investment Corporation announce that it has completed the early redemption and cancellation of its outstanding 5.40% convertible unsecured subordinated debentures. It were scheduled to mature on February 28,2019. Pursuant to the Redemption, the Debentures were redemed for cash and will cease trading on the Toronto Stock Exchange under the symbol FC.DB.B, subsequent […]