Timbercreek Alternatives LP and Aspen Properties Close Acquisition of Calgary's 1 Palliser Square Office Building to Commence Office-to-Residential Conversion Project [Yahoo! Finance]
Raymond James Financial, Inc. (RJF)
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Source: Yahoo! Finance
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Timbercreek Alternatives LP, a subsidiary of Timbercreek Capital, and Aspen Properties today announced the closing of the previously announced acquisition of the 1 Palliser Square Office Building in Calgary, Alberta for the purpose of converting approximately 418,000 square feet of office into 418 residential units and amenities. 1 Palliser Square is a 27-storey, vacant B-class office building centrally located next to the Calgary Tower, with direct access to residential amenities, entertainment and transit. The project is part of the City of Calgary's Downtown Development Incentive Program designed to transform vacant office space into new rental housing stock. 1 Palliser Office-to-Residential Project Highlights: 418 rental residential units High conversion efficiency Optimized suite layouts 20,000+ SF amenity integration Connected to the +15 “Skywalk” Network Upscale unit quality Urban revitalization Affordable housing
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News
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- Raymond James (NYSE: RJF) had its "equal weight" rating re-affirmed by analysts at Wells Fargo & Company. They now have a $169.00 price target on the stock, up previously from $152.00.MarketBeat
RJF
Earnings
- 10/23/24 - Beat
RJF
Sec Filings
- 12/18/24 - Form 8-K
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- RJF's page on the SEC website