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Pure Multi-Family REIT LP PMULF

"Pure Multi-Family REIT LP is a Canada-based real estate investment trust. It invests in multi-family real estate properties focused on luxury resort-style apartment communities in the United States, which offers investors exclusive exposure to U.S. multi-family real estate assets. Its portfolios are in Dallas, Texas, Arizona, Houston, Georgia, San Antonio, Phoenix, and Nevada. Its portfolio includes Pure Fillmore Appartments, Pure Farmers Market Apartments, Lansbrook At Twin Creeks, The Avenue


OTCQX:PMULF - Post by User

Post by marketsenseon Aug 22, 2017 6:16pm
171 Views
Post# 26609904

Shorts

ShortsWell,  they better start covering.  After the 2nd q stumble,  they got punished severely by the
market to the point that it was way overdone.  Now they are back on track to normal earnings
and healthier metrics,  so I expect the recovery in s/p to continue.  I like the markets they hold
their portfolio in and should sustain them nicely going forward.  The selloff instead of being a
disaster was in fact a great opportunity to buy or average down.  Love the dividend.
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