Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s): BOWFF

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. It provides homes in more than 200 communities, with over 33,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle. Its three-tiered brands, namely Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, caters to a diverse demographic. Its objectives are to provide Resident Members with superior quality rental communities and the best tenant/customer service, provide its holders of Trust Units with stable monthly cash distributions, and to increase the value of the Trust Units through the effective management of its residential multi-family revenue producing properties, renovations and upgrades to its current portfolio, and the acquisition and/or development of additional, accretive properties or interests therein.

TSX:BEI.UN - Post by User

Boardwalk Real Estate Investment Trust

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Comment by WDMBellon Dec 07, 2015 10:10am

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Post# 24360957

RE:COMPANY NOT PROFITABLE...

Actually they are profitable on a cash flow basis the write down is due to IFRS and simply offsets the increases that the company occured years prior. All of those write downs and increases are non cash transactions. When it comes to trusts it sort of industry standard to look at AFFO and FFO for a better understanding of profitability. They have also been purchasing and insane amount of unit lately.

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This small-cap gold stock keeps notching high-grade gold in Nevada