FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/25

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Have you got news our readers will want to hear?  Send us your appointment (or disappointment) notices, press releases, and industry news to: kolke@facilitycalgary.com

Would you like to advertise in FACILITYCalgary?  If you are interested in sponsorship/advertising, please contack: kolke@markkolke.com

 


SHAKERS AND MOVERS 
appointments and disappointments 

+ Angela Lekatsas to Director @ AltaGas Ltd.

+ Anthony Guglielmin to Interim CEO @ Westport Fuel Systems Inc.

+ Antoine Bernet to Country Division Head, Canada @ Bayer Crop Science

+ Bashir Makhoul to Pres. @ University Canada West    

+ David Johnson, CEO @ Westport Fuel Systems Inc., resigned

+ Genga Nadaraju to Director @ Avanti Helium Corp.

+ Laurie Powers to Director @ SSC Security Services Corp.

+ Lyn Cadence to Executive Director @ THIRD ACTion Film Festival

+ Martin Imbleau, Pres. & CEO @ Montreal Port Authority, resigned

+ Martin Imbleau, to Inaugural CEO @ VIA HFR – VIA TGF Inc.

+ Micheal O’Shea to Director @ Desert Mountain Energy Corp.

~ Note: links in this section are to LinkedIn profiles where available and otherwise to a relevant posting of the appointment. -  [ send us your appointment notices  kolke@facilitycalgary.com ]




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ Sept. 11; Rotary Stay In School Charity Golf Classic, Glencoe Golf & Country Club, Calgary; sponsor, register to golf

+ Sept. 21; Calgary’s 65 Roses Ladies Golf Classic in support of Cystic Fibrosis Canada, The Winston Golf Club, Calgary; info/registration

+ Sept. 28; Accessible Housing Annual Fundraising Gala, Dinner for Doors; Silver Springs Golf Cub, Calgary - tickets

+ send us your 2023 tournament information – we are happy to post them here

~ [please send your charity golf event notices to  kolke@facilitycalgary.com ]


 


 INTERESTING TRENDS IN MULTI-FAMILY 

+ Westbow Capital acquired Westview Heights apartments for $83.4 million




 INTERESTING TRENDS IN RETAIL 

+ Uniqlo will open its first Calgary location this week; 15,000 sq. ft. at CF Chinook Centre




 INTERESTING TRENDS IN OFFICE REAL ESTATE 

+ WeWork is trying a reverse stock split (1 for 40) in order to maintain stock market listing




 Mark Kolke - Agent/Realtor
VP Commercial, MaxWell Capital Realty

...

Pres, PLANDflex Corporation
- publisher, FACILITYCalgary
- publisher, Monday Morning Minute
- publisher, REITrag

CONTACT MARK KOLKE 
 AGENT - SALES and LEASING - CONSULTING
Nearly 40 years in the industry in Alberta; Edmonton (1972-1999)/in Calgary since 1999
 20 years with MaxWell / 20 year member Calgary Real Estate Board

- writer
- emcee
- speaker
- publisher
- facilitator
- interviewer

- sales
- leasing
- consulting
&
- rural land 
- residential
- commercial

 - 40 years in the industry
- Calgary and Edmonton

Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 



 SHAREHOLDER MEETINGS

+ Aug. 22; Lanesborough REIT, Annual General Meeting of Unitholders, Winnipeg

+ Aug. 30; Shiny Healht & Wellness Corp., Annual General Meeting, Toronto

+ Sept. 12; IOU Financial Inc., Special Meeting of Shareholders, Montreal

+ Sept. 28; Wescan Energy Corp., Annual General and Special Meeting, Vancouver

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

[ please send your event notices and AGM notices to  kolke@facilitycalgary.com ]




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 Sponsors of this week's issue:

 
EXECUTIVE SEARCH

 
 

Oliver Baezner, Managing Partner
oliver.baezner@altopartners.ca

64 OFFICES ACROSS 37 COUNTRIES



PUT YOUR 
COMPANY HERE
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SEE YOUR 
BRAND HERE



 
ROCKY VIEW COUNTY
Business & Economic Development



PUT YOUR 
COMPANY HERE
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SEE YOUR 
BRAND HERE



 
BennettJones.com



 
Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION

 


PUT YOUR 
COMPANY HERE
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SEE YOUR 
BRAND HERE



 
 


 
link to Premiere used furniture website
 
OFFICE FURNITURE SALES



 
 KUDOS  

+ to Ken Duke, winner of the Shaw Classic PGA Tour Champions event!




 QUOTES 

+ It’s so much easier to suggest solutions when you don’t know to much about the problem. – Malcolm Forbes

+ If you only have a hammer, you tend to see every problem as a nail. – Abraham Maslow




 REITs + TRUST NEWS 

+ Northview Residential REIT completed its recapitalization transaction, acquired three property portfolios for $742.0 million

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: March/2023 ~ Issue #1; April/2023 ~ Issue #2 ; May/2023 – Issue #3




CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



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 THIS WEEK - NEWS SUMMARY 

 August 16 ~ 22 / 2023 


+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$80.54/bbl, Brent @ US$84.12/bbl; prices wobbly as inventories, China demand and Saudi production all down as demand softens

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is 7:00 AM (MDT) every Tuesday; Calgary news focused on oil & gas, finance and the real estate industry; click here to sign up

+ fires and floods; Alberta wildfire concerns remain on high alert; currently 81 wildfires are burning in Alberta, 2 are not under control; wildfires and evacuations in BC and NWT dominated the news – weather changes seem to be abating; West Kelowna evacuated and damage/loss to more than 50 homes reported; Yellowknife evacuated and pace of fire approaching is slowed; kudos to our Canadian military and so many fantastic front line firefighters and support staff

+ Government of Alberta in turmoil over how it explains taking control of all lab work; DynaLIFE is transferring their entire operations to Alberta Precision Laboratories (owned by Government of Alberta), on a province-wide basis so this reversal of a previous UCP change to make things better for us … so, we’ll see how gets blamed next; was it ‘failure of its own due diligence’, or the Premier being a better manager than the board she fired? … tik tok

+ Highwood Asset Management Ltd. closed its acquisition of Castlegate Energy Ltd. and Boulder Energy Ltd.

+ LKQ Corporation completed its acquisition of UNI-SELECT Inc.

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up;  click here for this week’s message)

+ Petrus Resources Ltd. announced an increase in it’s 2023CapEx Budget from $60.0 million to $75.0 million

+ reader contributions: are always welcome. Please forward your comments, news items, and company appointment announcements; them to kolke@facilitycalgary.com

+ REITrag – is our publication covering REITs; available by subscription; March/2023 ~ Issue #1; April/2023 – Issue #2; May/2023 – Issue #3; sign-up form – get on our mailing list

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: down 12 to 642 this week; Canada: down 1 to 189 this week; full breakdown and international rig counts

+ Westbow Capital acquired Westview Heights apartments for $83.4 million




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Avanti Helium Corp. completed $1.0 million equity raise by private placement

+ Field Effect secured $30.0 million debt facility

+ Highwood Asset Management Ltd. closed a $35.0 million equity raise

+ Klimat X Developments Inc. is on the market to raise $1.0 million in equity by private placement

+ Oncolytics Biotech Inc. closed US$15.0 equity raise

+ Sabio Holdings Inc. closed $1.738 million in convertible debt raise by private placement

+ Reconnaissance Energy Africa Ltd. is on the market to raise $1.2 million in equity by private placement

+ Spectral Medical Inc. is on the market to raise $5.5 million in convertible debt

+ Targa Exploration Corp. closed $1.33 million first tranche of an equity raise by private placement

editor’s note: names of companies involved in arm’s length debt and equity financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings or non-arm’s-length transactions …




 SAVE THE DATE / upcoming events

+ Sept. 12 – 14; The Carbon Canada Conference, and Awards, Edmonton Convention Centre, Edmonton; info/register

+ Sept. 13-14; Oil Sands Conference (Shell Place) & Trade Show (Suncor Community Leisure Centre) , Fort McMurray; conference / trade show

+ Sept. 15-17; 7th World Geothermal Congress, Beijing, China -  info - register

+ Sept. 17-21; 24th World Petroleum Congress; Energy Transitions – the path to Net Zero, BMO Centre, Stampede Park / registration; early bird registration is open; exhibition features – what, where, when

+ Sept. 26-28; BOMEX Edmonton 2023; JW Marriott/Ice District, Edmonton; details/registration open

+ Sept. 26-29; International Energy Agency – Technical Collaboration Program, EOR 2023 Conference, Hotel Arts, Calgary; sponsor opportunities

+ Sept. 26-29; IFMA World Workplace Conference, Colorado Conventional Centre, Denver; register

+ Sept. 28; Canadian Energy Person of the Year – Award Gala Dinner, Calgary Petroleum Club; info/tickets

+ Oct. 16-17; The 2023 National Building Decarbonization Forum, National Arts Center, Ottawa – save the date

+ Oct. 18-19; BUILDEX Alberta, 20-24; Calgary – save the date

+ Oct. 21; Calgary Public Foundation - #LitGala2023 , Central Library; info/tickets

+ Oct. 27; Classroom Champions, Concert for Classrooms – Barney Bentall & The Caribou Express, Bella Concert Hall, Calgary; info/tickets (link to highlights of 2022 Toronto concert) ; save the dates – Calgary, Oct. 27 / Toronto,Nov. 2

+ Oct. 28 – Nov. 5; Banff Centre Mountain Film and Book Festival – info/program/tickets

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 6 & 5; 2023 Decentralized Energy Forum, Fairmont Chateau Lake Louise; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Ottawa - save the date

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

+ Nov. 30 – Dec. 12; COP28 UAE, Expo City, Dubai; info

 

~~~

2024

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]


Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025