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ARTIS REAL ESTATE INVESTMENT TRUST AND RFA CAPITAL ("RFA") AGREE TO COMBINE TO FORM RFA FINANCIAL THROUGH A SHARE EXCHANGE TRANSACTION
ARTIS REAL ESTATE INVESTMENT TRUST AND RFA CAPITAL ("RFA") AGREE TO COMBINE TO FORM RFA FINANCIAL...
About this update from Rfa Financial Inc.
[{"type":"text","content":"\n\n\n\n ARTIS REAL ESTATE INVESTMENT TRUST AND RFA CAPITAL (\"RFA\") AGREE TO COMBINE TO FORM RFA FINANCIAL THROUGH A SHARE EXCHANGE TRANSACTION\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n COMBINATION CREATES A GROWTH-ORIENTED FINANCIAL SERVICES PLATFORM CENTRED ON A GROWING SCHEDULE I BANK\n \n\n\n\n The combined company, RFA Financial, will become a new public entity with its shares to trade on the Toronto Stock Exchange, with Artis Unitholders to own 68% of RFA Financial common shares outstanding upon closing\n \n\n\n\n Combination creates a scaled and dynamic financial services platform, featuring a Schedule I bank and a leading mortgage origination platform, supported by a high-quality commercial real estate portfolio\n \n\n\n\n Significant value creation opportunity through targeted capital rotation from Artis' commercial real estate portfolio into RFA's higher growth financial services platform\n \n\n\n\n RFA Financial will boast stable and growing earnings, enabling it to maintain a sustainable and increasing dividend\n \n\n\n\n Proven executive team to be led by\n \n Ben Rodney\n \n , the current Chair of Artis' Board of Trustees and President, CEO and Managing Partner of RFA, and the continuing stewardship of\n \n Samir Manji\n \n , current President, CEO, and Trustee of Artis\n \n\n\n\n Board of Trustees unanimously recommends that Artis Unitholders and the holders of Artis preferred units vote in favour of the Transaction\n \n\n\n\n\n WINNIPEG, MB\n \n and\n \n TORONTO\n \n\n ,\n \n\n Sept. 15, 2025\n \n\n /CNW/ - Artis Real Estate Investment Trust (\"\n \n Artis\n \n \" or the \"\n \n REIT\n \n \") (TSX: AX.UN) and RFA Capital Holdings Inc. (\"\n \n RF...