To follow-up on a story we posted Dec. 12, 2012, the underwriters for Killam Properties, Inc.’s public offering quickly took advantage of the opportunity to purchase an additional 375,000 shares of Killam’s common stock at $12. per share. Led by RBC Capital Markets, the public offering closed Dec. 10, 2012, and the additional $4,500,000 brings the total proceeds of the offering to $34,500,000, equaling 2,875,000 shares, according to NewswireCanada. As MHProNews understands, Killam is one of the largest MHC owners in Canada.

(Photo credit: Killam Properties, Inc.)