BNET Industries
Last Fiscal Year Sales:$102.4M
- Public
- CA
Dow Jones Description
Northern Property Real Estate Income Trust (NPREIT) is an open-end real estate investment trust that invests in a portfolio of mainly residential income-producing properties. The REIT is the largest residential landlord in the Northwest Territories, Nunavut and the Province of Newfoundland & Labrador where many multi-family units are leased to government and corporations. The REIT is also a significant residential landlord in the strong economic areas of northern Alberta and British Columbia. NPREIT owns and leases back to independent operators, the buildings and lands associated with a portfolio of seniors' long term care and independent-living facilities. The Trust also owns commercial buildings and furnished executive suites in its main markets. NPR units trade on the Toronto Stock Exchange under the symbol NPR.UN.
President & CEO
B. James BrittonNumber of Employees 280
Contact Information
6131 6th Street Southeast Suite 110
Calgary, Alberta T2H 1L9
(403) 531-0720
Peer Companies
NAICS Code Educational Support Services: 611710
Recent Events
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Northern Property earns $6.82-million in third quarter
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Northern Property announces timing of third quarter earnings
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BRIEF-Raymond James upgrades CAP REIT to outperform
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Northern Property REIT to pay 12.33-cent July dividend
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Northern Property announces timing of second quarter earnings
News & Analysis
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finance and npr - All News and Analysis
NPR: How a Diverse Revenue Stream Works
In the comments thread following his excellent piece about NPR over on Mashable, Josh Catone documents one of the key business reasons public radio is faring better during the current media industry shakeout than are many commercial networks. It boils down to NPR's diversified set of revenue...
Media Roundup: China Blocks YouTube, Senate Bill May Give Tax Exempt Status to Newspapers and More
In Today's Media Roundup: China blocks YouTube, Senate bill may give tax exempt status to newspapers, Video games may be the next "5th Network,†NPR sees record ratings, Vibe launches two new digital platforms and TiVo and Blockbuster team up. by Sean Blanda
Donors mobilize to keep NPR affiliate KCPW local
A local group has succeeded in raising the $2.4 million required to purchase National Public Radio affiliate KCPW. Ed Sweeney, president of Wasatch Public Media Inc. and former general manager at KCPW, said Thursday that Wasatch Public Media has raised $815,000 from approximately 835 donors who have supported...
Quotable & notable
"I've been going as far as listening to NPR on my way home." --Drew Appelbaum, 25, telling Newsday that he felt "lost" while satirical, spoof news programs "The Daily Show" and "The Colbert Report" were in repeats due to the TV writers' strike "We're peeling back the burqa...
Air mail: NPR sees "community" in letters from listeners
Nearly every week, listeners of National Public Radio's news programs hear a musical segue and then the announcement, "Today we read from your letters ... " What follows is NPR's version of newspapers' "letters to the editor"--a segment in which NPR presents excerpts from listeners' comments. Each "letter" is clearly...
Nanjing Automobile Corp. MG president leaves Ardmore plans in doubt
In an interview on National Public Radio Friday, Nanjing Automobile Corp. MG President Yu Jianwei left some doubt regarding an MG plant for Ardmore. "I should say the Oklahoma project has been ongoing for a relatively long time," Jianwei said. "In that time there have been some factors...
Public Interest
Item! The most crucial, distinctive product of the newspaper business is neither news nor paper. And the best way to provide it may not be a business. Newspaper companies are still making money. But their average profit margin of 17% is down from 26% as recently as 2000--just one...
War protest is the ticket for venting
Life can be screwy, and if you don't think so, just ask Teresa Stepanek. There she was, exercising her conscience and her First Amendment rights, protesting the Iraq war Monday afternoon in Washington Square, just settling into Rocky Anderson's speech, when it dawned on her. She'd parked at...
Lithic Resources acquires zinc project
Lithic Resources Ltd., based in Vancouver, British Columbia, said Wednesday it will acquire a 100 percent interest in the Crypto zinc project about 100 miles southwest of Salt Lake City, from EuroZinc Mining Corp. Lithic said the deposit was discovered and explored by Utah International from 1961 to...
Spreading Good News: Akridge and IBEW Welcome National Public Radio to 900 Seventh Street
WASHINGTON -- Akridge and The International Brotherhood of Electrical Workers announce today that NPR leased a full floor of Class A office space at 900 Seventh Street in Washington's East End. The internationally acclaimed producer and distributor of non-commercial news will expand, taking 28,522 square feet just around the corner...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| B. James Britton | President & CEO |
| Debra Boyle | CFO |
| Todd Cook | Chief Financial Officer |
| Alan Vaughan | Vice President, Business Dev |
| Richard Anda | Vice President, Operations |
| Kenn Harper | Founder |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| B. James Britton | Board of Directors |
| C Donald Wilson | Board of Directors |
| Dennis G Patterson | Board of Directors |
| Dennis J. Hoffman | Board of Directors |
| Douglas H. Mitchell | Board of Directors |
| John C Charles | Board of Directors |
| Kabir Jivraj | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | CFO | Current |
Todd Cook was Chief Financial Officer of Calgary based TGS North American REIT which was purchased by a subsidiary of The Great-West Life Assurance Company in June, 2006. He possesses a Bachelor of Administration from the University of Regina and received his Chartered Accountant designation in 1993. Mr.Cook was Vice President, Finance of Northern Property REIT from November 2006 until May 1, 2007 when he was appointed as Chief Financial Officer.
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Chief Financial Officer | Current |
| Northern Property Real Estate Investment Trust | Vice President, Finance | Former |
Alan Vaughan joined Northern Property REIT in the fall of 2002. He has more than 20 years experience in government and business across northern Canada. Mr. Vaughan leads NP REIT's program of acquiring existing property and developing new facilities.
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Vice President, Business Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Vice President, Operations | Current |
| Northern Property Real Estate Investment Trust | Asset Manager | Current |
| Reit Corp | Current |
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Founder | Current |
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
| Northern Property Real Estate Investment Trust | President and Chief Executive Officer | Former |
| Northwest Territories Power Corporation | Vice Chair | Former |
C. Donald Wilson is a founding shareholder of Urbco. Mr. Wilson is a former President of Engineered Homes Ltd. and Vice President of Genstar. Mr. Wilson is a past president of the Housing and Urban Development Association of Canada.
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
Dennis G. Patterson was Premier of the Northwest Territories from 1987 to 1991. He has served as a Director of the Northwest Territories Law Foundation and as Chair of the Northwest Territories and Nunavut Legal Services Board until 2000. Since 2001, Mr. Patterson has acted as a private consultant. He is a member of the Law Society of Nunavut.
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
Dennis J. Hoffman retired as office managing partner and member of the Canadian Leadership Group from PricewaterhouseCoopers LLP in July of 2005 after more than 35 years in public practice. Mr. Hoffman is an Alberta Institute lecturer, member of the Institute of Corporate Directors (ICD), and a task force member of the Petroleum Accountants Society. Mr. Hoffman graduated from the University of Saskatchewan with a BComm and a BSc, and is a member of the Canadian and Alberta Institutes of Chartered Accountants.
| Organization | Position | Status |
|---|---|---|
| Icd, Inc. | Current | |
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
| University of Saskatchewan | Bsc | Former |
| Organization | Position | Status |
|---|---|---|
| Borden Ladner Gervais Llp. | Regional Managing Partner | Current |
| EPCOR Utilities, Inc. | Director | Current |
| Borden Ladner Gervais Llp. | Co-Chairman | Current |
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
| EPCOR Utilities, Inc. | Director | Current |
| Colorado College | Bachelor of Arts in Business Administration | Former |
| University of British Columbia | Bachelor of Law | Former |
| Organization | Position | Status |
|---|---|---|
| Prism Medical Ltd. | Managing Director | Current |
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
| Prism Medical Ltd. | Director | Current |
| Prism Medical Ltd. | Director & Vice-Chairman | Current |
| Northern Property Real Estate Investment Trust | Director and Vice Chairman | Former |
| Queen's University | Degree In Mathematics and Statistics | Former |
Dr. Kabir Jivraj is a Founding Director of AgeCare Investments Ltd. He has been a clinical professor at the University of Calgary, Faculty of Medicine, since July 2001 and has taught undergraduate and graduate students at U of C since 1988. Previously, Dr. Jivraj was the Senior Vice-President and Chief Medical Officer of the Calgary Health Region and the Vice Dean of the Faculty of Medicine. Dr. Jivraj served as the President of the Alberta Medical Association in 1996/1997 and also served as the Honorary Treasurer of the Canadian Medical Association. Currently, he is the Chair of the Board of the United Way of Calgary and Area, Chair of Focus Humanitarian Assistance Canada, a member of the Board of the Calgary Health Trust and a member of Siemens Canada Limited Health Care Advisory Council.
| Organization | Position | Status |
|---|---|---|
| Northern Property Real Estate Investment Trust | Board of Directors | Current |
Executive News
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Northern Property REIT to pay 12.33-cent July dividend


