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Bullboard - Stock Discussion Forum Flagship Communities Real Estate Investment Units T.MHC.UN

Alternate Symbol(s):  MHCUF

Flagship Communities Real Estate Investment Trust (the REIT) is an internally managed open-ended real estate investment trust. The REIT is formed for the purpose of owning and operating a portfolio of manufactured housing communities (MHC) located in Kentucky, Indiana, Ohio, Tennessee, Illinois, Arkansas, and Missouri, including a fleet of manufactured homes for lease to residents of such... see more

TSX:MHC.UN - Post Discussion

Flagship Communities Real Estate Investment Units > Stephen Takacsy - BNN - PAST TOP PICK
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Post by Possibleidiot01 on Jan 23, 2024 4:10pm

Stephen Takacsy - BNN - PAST TOP PICK

One year later , he returns with a comment

PAST TOP PICK

Flagship Communities REIT(MHC.U-T)

23/01/2024
Flagship Communities REIT
 
(A Top Pick Jan 31/23, Up 0.7%)

A pure-play manufactured home communities company with over 60 in the US midwest. Most of their residents own their own homes mortgage-free, so the base is solid. Low capex. A fragmented industry. Free cash flow is growing through rising rents and strong demand. They grow their dividend. The stock has performed well against REITs.

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