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Bullboard - Stock Discussion Forum 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... see more

Bullboard (OTCQX:PMULF)

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Comment by maypeterson Aug 11, 2019 10:17pm

RE:RE:RE:RE:RE:RE:$10.07 :>))

already have it. Have a pretty large position in SMU (Summit Industrial) - I like industrial space though the cap compression is not good if you want to get in at this point of time. But the same is ...more  
Comment by TimeBuilderon Jul 21, 2019 5:26pm

RE:RE:RE:RE:RE:$10.07 :>))

maypters >>> You might also look @ NVU.un..... Sorry...completely forgot about this Long term holding, again in very early & still an Happy investor.....TB
Comment by maypeterson Jul 21, 2019 3:36pm

RE:Option?

Thanks Daniel. Already have NVU. Picked up a bunch after the drop when the merger was announced. Not done as well as IIP and some of the others but its still relatively much much cheaper. 
Comment by maypeterson Jul 21, 2019 3:35pm

RE:RE:RE:RE:RE:$10.07 :>))

goes low enough Rai will take it private. He is looooooooong term investor. 
Post by DanielDarden123on Jul 21, 2019 12:59pm

Option?

Indeed, our investment thesis remains well intact. At current unit prices, NVU trades at ~10x FFO turns below its broader domestic residential peer group, a valuation discount that we believe is ...more  
Comment by TimeBuilderon Jul 21, 2019 11:45am

RE:RE:RE:RE:$10.07 :>))

maypeters >>> Currently only own IIP.UN in this space + RUF.UN....In very, very early BUT it may to TOO late to get a good return on IIP.UN now. Did look @ KMP.UN & CAR.UN but never ...more  
Comment by bruloilon Jul 21, 2019 11:32am

RE:RE:RE:RE:$10.07 :>))

Morguard is fine investment, the problem is: it's owner Sahi Rai who is more interrested in buying the shares for cheap than seing them raise. mrt.un, twc are perfect exemple.
Comment by maypeterson Jul 20, 2019 3:46pm

RE:RE:RE:$10.07 :>))

Where do we find refuge now ?  Running out of companies owning aprtment complexes and listead in Canada. May have to move to the US ones.  Tricon has lot of potential but the market did ...more  
Comment by TimeBuilderon Jul 20, 2019 2:48pm

RE:RE:$10.07 :>))

maypeters >>   Note: we also owned Milestone & were not HAPPY with final out come BUT made a litle return :>)) Regards, TB
Comment by maypeterson Jul 19, 2019 7:35pm

RE:$10.07 :>))

Both the Pure companies have been moneymakers.  At least we did not get sold out by management like Milestone Apartments REIT. That Milestone portfolio would have been worth a lot of money today ...more  
Post by TimeBuilderon Jul 19, 2019 3:40pm

Note >>>> July 15th Distribution

Exchange rated @ 1.2875 CDN or .040236  CDN per share...GLTA
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