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British Columbia

Chartwell Retirement Residences holds firm in crisis

Steve McLean Residential Leasing Ontario Mar. 27 2020

Chartwell Retirement Residences (CSH-UN-T) had built plenty of business momentum through the last quarter of 2019 and the first two months of this year before the COVID-19 pandemic brought things to a screeching halt. The effects of the pandemic are

Melcor announces staff, salary and dividend reductions

RENX Staff Residential Market Trends International Mar. 26 2020

Melcor Developments (MRD-T) and Melcor REIT (MR-UN-T) are reducing investor payouts, executive and staff salaries and laying off about 25 per cent of their employees in response to the “unprecedented economic challenges” being presented by the COVID-19 virus pandemic. In a release issued

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