Unhappy with years of discounted stock prices, FC Private Equity Realty Management Corp. is calling for Melcor REIT’s (MR-UN-T) majority shareholder Melcor Developments to take the trust private in a buyout to return about $100 million to minority shareholders.
Hallmark Hospitality has submitted its latest plans for a much-needed 151-room hotel along Vancouver's West Broadway. While the firm is anxious to move ahead, dealing with years of bureaucracy and a highly complex site has posed significant challenges.
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