True North Commercial Real Estate Investment Trust announced that effective May 17, 2021, Daniel Drimmer will be stepping down as President and Chief Executive Officer of the REIT and Leslie Veiner, the current Chief Financial Officer of Northview Canadian High Yield Residential Fund, will serve as Chief Executive Officer and join the Board of Trustees of the REIT. Mr. Veiner's appointment will augment the REIT's existing senior management team led by Tracy Sherren, the REIT's current Chief Financial Officer, who has been promoted to serve as President of the REIT in addition to her existing position as Chief Financial Officer and as a Trustee of the REIT.