$FCD-UN.TO

Firm Capital's C$218 Million MHC Portfolio Acquisition Gets Competition Bureau Clearance

Firm Capital Property Trust (FCD-UN.TO) has cleared the Competition Bureau's inquiry into its C$218 million acquisition of a 50% stake in a 10-property manufactured housing community portfolio in Alberta and Saskatchewan, the company said.Firm Capital is buying the portfolio through its existing joint venture deal with SunPark Communities, and will own 50% of the portfolio. SunPark will own the remaining 50%.The acquisition is expected to close during the third quarter of 2026.

Firm Capital Property Trust Files Final Base Shelf Prospectus

Firm Capital Property Trust (FCD-UN.TO) filed a final short form base shelf prospectus with the securities regulatory authorities in all provinces and territories of Canada and has obtained a receipt for the Final Base Shelf Prospectus, it said on Wednesday.The Final Base Shelf Prospectus allows the company to offer and issue, and certain current or future securityholders to offer and sell, from time to time, up to $250 million in aggregate of trust units, debt securities, subscription receipts, warrants or units or any combination of such securities, over a 25-month period.The prospectus may also qualify an "at-the-market distribution" of trust units, it said.Shares of the company were last seen down $0.01 to $6.78 on the Toronto Stock Exchange.Price: $6.78, Change: $-0.01, Percent Change: -0.15%

Firm Capital Property Trust Files Preliminary Base Shelf Prospectus

Firm Capital Property Trust (FCD-UN.TO), trading shy of 52 week highs, filed a preliminary short form base shelf prospectus with the securities regulatory authorities in all provinces and territories of Canada, the company said on Tuesday.The final short form base shelf prospectus will allow the company to offer and issue, and certain current or future securityholders to offer and sell, from time to time, up to $250 million in aggregate of trust units, debt securities, subscription receipts, warrants or units or any combination of such securities, over a 25-month period, it added.The base shelf prospectus may also qualify an "at-the-market distribution" of trust units, the company noted.Shares of the company were last seen unchanged at $6.81 on the Toronto Stock Exchange.

Earnings Flash (FCD-UN.TO) Firm Capital Property Trust Reports 5% Lift In NOI and "Improving" AFFO Payout Ratio In Q1 2026 Vs Year Earlier

Firm Capital Property Trust Acquires 50% Interest in MHC Site in Didsbury, Alberta

Firm Capital Property Trust (FCD-UN.TO) has acquired a 50% interest in a 103 site manufactured home community (MHC) in Didsbury, Alberta, for $8.5 million.The purchase price is for full ownership of the community, excluding transaction costs. Firm Capital closed on this acquisition through its joint venture arrangement with SunPark Communities, so that the trust owns 50% of this MHC and SunPark the remaining 50%.The trust is also purchasing a 50% stake in a 10 property, 1,649 site MHCs in Alberta and Saskatchewan for $218 million (100% ownership). That acquisition is expected to close in the second quarter. Firm Capital is also purchasing these MHCs through its SunPark joint venture.Firm Capital units closed up $0.09, to $6.50, on Tuesday on the Toronto Stock Exchange.

Firm Capital Property Trust Closes $8.5M MHC Acquisition, Advances $218M Portfolio Transaction