Westdale

XR Immersive Tech Inc. Announces Update to $3,000,000 Facility With Westdale Construction Co. Limited

Retrieved on: 
Saturday, February 26, 2022

VANCOUVER, British Columbia, Feb. 25, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (formerly known as Fantasy 360 Technologies Inc.) ("Immersive Tech" or the "Company") (CSE:VRAR) (FSE: 79W0) (OTCQB: FNTTF) is pleased to announce an update with respect to the loan facility from Westdale Construction Co. Limited ("Westdale"), as previously announced in a news release dated December 20, 2021.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 25, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (formerly known as Fantasy 360 Technologies Inc.) ("Immersive Tech" or the "Company") (CSE:VRAR) (FSE: 79W0) (OTCQB: FNTTF) is pleased to announce an update with respect to the loan facility from Westdale Construction Co. Limited ("Westdale"), as previously announced in a news release dated December 20, 2021.
  • The Finder's Warrants and any common shares issuable upon exercise thereof are subject to a four-month hold period in accordance with applicable securities laws.
  • For further information about Immersive Tech, please contact:
    ABOUT XR IMMERSIVE TECH INC.
  • This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws.

OverActive Media Completes Qualifying Transaction

Retrieved on: 
Monday, July 12, 2021

Of the 80,236,280 issued and outstanding OverActive Shares, 26,753,599 OverActive Shares are held by former Old OverActive Shareholders and are held in escrow pursuant to a TSXV Tier 1 Value Escrow Agreement.

Key Points: 
  • Of the 80,236,280 issued and outstanding OverActive Shares, 26,753,599 OverActive Shares are held by former Old OverActive Shareholders and are held in escrow pursuant to a TSXV Tier 1 Value Escrow Agreement.
  • Upon the completion of the Transaction, Westdale Construction Co. Limited (Westdale) acquired 13,248,071 OverActive Shares, representing approximately 16.5% of the issued and outstanding OverActive Shares.
  • Prior to completion of the Transaction, Westdale did not own any Abigail Shares.
  • Westdale intends to evaluate its investment in OverActive on an ongoing basis and may increase or decrease its ownership of OverActive securities from time to time, as it may determine appropriate for investment purposes.

Toronto-based Westdale Properties along with King Street Real Estate, and Cedar Capital Partners Purchase the Shelborne South Beach Hotel in Miami Beach for $120 Million

Retrieved on: 
Tuesday, February 4, 2020

TORONTO, NEW YORK and LONDON, Feb. 04, 2020 (GLOBE NEWSWIRE) -- A joint venture between Westdale Properties (Westdale), King Street Real Estate GP, L.L.C (King Street), and Cedar Capital Partners (Cedar Capital) today announced the acquisition of the Shelborne South Beach Hotel in Miami Beach, Florida for $120 million.

Key Points: 
  • TORONTO, NEW YORK and LONDON, Feb. 04, 2020 (GLOBE NEWSWIRE) -- A joint venture between Westdale Properties (Westdale), King Street Real Estate GP, L.L.C (King Street), and Cedar Capital Partners (Cedar Capital) today announced the acquisition of the Shelborne South Beach Hotel in Miami Beach, Florida for $120 million.
  • David Walch, Partner of King Street Capital Management, commented, Shelborne South Beach is a unique landmark located in a prime and distinguished Miami Beach district.
  • The Shelborne South Beach is a historic Miami Beach icon, said Ben Leahy, Partner at Cedar Capital Partners.
  • King Street Real Estate, the real estate investment arm of King Street Capital Management, manages several opportunistic real estate funds, which invest in equity and debt in dislocated markets and complex situations.

King Street Real Estate, Westdale Properties and Cedar Capital Partners Purchase the Shelborne South Beach Hotel in Miami Beach for $120 Million

Retrieved on: 
Monday, February 3, 2020

A joint venture between King Street Real Estate GP, L.L.C (King Street Real Estate), Westdale Properties (Westdale) and Cedar Capital Partners (Cedar Capital) today announced the acquisition of the Shelborne South Beach Hotel in Miami Beach, Florida for $120 million.

Key Points: 
  • A joint venture between King Street Real Estate GP, L.L.C (King Street Real Estate), Westdale Properties (Westdale) and Cedar Capital Partners (Cedar Capital) today announced the acquisition of the Shelborne South Beach Hotel in Miami Beach, Florida for $120 million.
  • David Walch, Partner of King Street Capital Management (King Street), commented, Shelborne South Beach is a unique landmark located in a prime and distinguished Miami Beach district.
  • The Shelborne South Beach is a historic Miami Beach icon, said Ben Leahy, Partner at Cedar Capital Partners.
  • King Street Real Estate, the real estate investment arm of King Street Capital Management, manages several opportunistic real estate funds, which invest in equity and debt in dislocated markets and complex situations.

Westdale Announces Uber's Move To The Epic

Retrieved on: 
Tuesday, August 20, 2019

Owned and developed by Westdale, The Epic currently features three buildings The Epic office tower, the historic Pittman Hotel and The Hamilton residential high-rise.

Key Points: 
  • Owned and developed by Westdale, The Epic currently features three buildings The Epic office tower, the historic Pittman Hotel and The Hamilton residential high-rise.
  • With its premier location, The Epic serves as a gateway to the most desired districts in the city's urban core.
  • The existing Epic office tower, also designed by global architecture firm Perkins+Will, offers 251,000 square feet of modern, sustainable office space.
  • The Hamilton is a 26-story luxury apartment tower with 310 residences from Westdale, StreetLights Residential and Looney Ricks Kiss architecture firm.