CHC Realty Capital Corp.

January 15, 2015 16:51 ET

CHC Realty Capital Corp. Announces Appointment of VP Operations

TORONTO, ONTARIO--(Marketwired - Jan. 15, 2015) - CHC Realty Capital Corp. ("CHC" or the "Company") (TSX VENTURE:CHC) is pleased to announce that it has appointed Brad Williams as Vice-President, Operations of the Company. Mr. Williams has a wide range of experience in the student housing industry both in the United States and Canada. Previously, Mr. Williams served as Director of Operations for Rise Real Estate Inc. of Ancaster, Ontario, a developer of modern purpose-built student housing apartment buildings, including the Luxe I and II in Waterloo, Ontario and the Luxe London in London, Ontario, from 2011 to 2014. Prior to that, he served in a variety of capacities in the student housing industry, including as manager of off-campus housing for the University of Guelph, assistant director of residence life at the University of Denver, residence director at Colorado State University and residence director at the University of New Hampshire.

"We are extremely pleased that Brad has joined CHC," stated Mark Hansen, President and CEO of CHC. "He has a wealth of experience in the operation of student housing, and we are confident that Brad will be able to strengthen the management of CHC's properties and assist it in enhancing operations and financial results."

In connection with Mr. Williams' appointment, the Company has granted him stock options exercisable to purchase a total of 500,000 common shares of the Company at an exercise price of $0.12 per share for a period of five years from the date of grant. The options have been granted in accordance with and subject to the terms of the Company's stock option plan.

Mr. Williams' appointment and option grant are subject to acceptance by the TSX Venture Exchange.

About CHC Realty Capital Corp.

CHC Realty Capital Corp. is an owner and operator of student housing properties which is focused on acquiring high quality properties in close proximity to universities and colleges in primary and well understood secondary markets in Canada.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • CHC Realty Capital Corp.
    Mark Hansen
    President and Chief Executive Officer
    (647) 288-9355

    CHC Realty Capital Corp.
    Robert Waxman
    Chief Financial Officer
    (647) 288-9375