Post by
garyreins on Apr 16, 2024 8:55pm
Either way
DRM and Artis/Sandpiper can never exit this REIT (unless reits come super back in favor and they go sky high), without a sale of the REIT. I dont see how they can sell their shares to unwind a position. May not apply to cooper since hes a lifer but I would expect Sandpiper/Artis would want to cash in at some point
Comment by
colombuss on Apr 17, 2024 2:43am
Yes either they delist it, or sell it as a collection close to NAV. Possibly after 2025. They get paid well to wait. I hope to get paid as well.
Comment by
colombuss on Apr 17, 2024 3:28am
I guess delisting would make it possible to book it at NAV.
Comment by
colombuss on Apr 17, 2024 4:09am
Given a choice I would go private with them, and wait out a sale at nav.