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Allied Mortgage

Allied Mortgage - News

Smooth Passage
Smooth Passage Hopefully Bendtner's inept performance will force Wenger's hand in the transfer market but you wouldnt want to put your mortgage on it. The thought of him Allied to this is the number who cannot get to the game on time or have to leave early. Have to?

RICS: Lenders must stop 'confetti' claims to ease valuation delays
The report was commissioned following an investigation by , which mystery shopped three of the UK's biggest valuation firms. However, Allied Surveyors chief executive Robert Pearson says he cannot see an end to the “confetti” letters.

Champion Awards Rebrands As T-Shirt Champions
Mortgage buyer Freddie Mac said Thursday the average for the 30-year loan declined to 4.39 percent from 4.41 percent last week. The average for the 15-year loan slipped to 3.44 percent from 3.45 percent. Mortgage The event, to be held in the lower

Demonizing Edward Snowden
With the exception of a promise that a handful or so of select, still unnamed heads of state who are deemed to represent “friendly and allied nations,” no one, including top government officials around the world, would be exempt from National Security

About Allied Mortgage Direct

Allied to Acquire Undivided 50% Interest in Westbank's Latest Vancouver Office Project

TORONTO, ONTARIO--(Marketwired - July 27, 2017) - Allied Properties Real Estate Investment Trust ("Allied") (TSX:AP.UN) announced today that it has entered into a transaction with Westbank to acquire an undivided 50% interest in Westbank's office project at 400 West Georgia in Vancouver (the "Property"). "In addition to deepening our relationship with Westbank and ultimately expanding our Vancouver GLA by 60%, this transaction will enable us to generate an accretive return on our investment from the outset," said Michael Emory, President and CEO. "It will also enable us to acquire an undivided 50% interest in a distinctive urban office property, giving rise to a high levered yield, material accretion and significant value creation."

400 West Georgia Street, Vancouver

Located on West Georgia, between Homer and Richards Streets, the Property is comprised of 20,922 square feet of land. It is between Allied's Yaletown and Crosstown portfolios and sits squarely within the area toward which the heart of Downtown Vancouver is gravitating. Westbank intends to construct an office building on the Property comprising approximately 345,000 square feet of GLA with completion scheduled for early 2020.

Allied Announces $270 Million Equity Offering

TORONTO, ONTARIO--(Marketwired - Aug. 8, 2017) -


Allied Properties Real Estate Investment Trust ("Allied") (TSX:AP.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank and RBC Capital Markets to issue to the public, on a bought-deal basis, 6,925,000 units from treasury at a price of $39.00 per unit for gross proceeds of approximately $270 million. Allied has granted the underwriters an option (the "Over-Allotment Option") to purchase up to an additional 770,000 units on the same terms and conditions, exercisable at any time, in whole or in part, for a period of 30 days following the closing of the offering. The issue will be offered in all provinces of Canada. The units being offered have not been, and will not be, registered under the U.S. Securities Act of 1933 and state securities laws. Closing of the offering is expected to occur on or about August 17, 2017, and is subject to regulatory approvals.

Breaking News: Ally Financial's mortgage unit?

ready to file for Bankrupcty. Should we be concerned..?

ALLY Financial is the country's 5th largest Lender, whatever that means.

What kind of company is ALLY Financial.? and should we be concerned?