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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust (The Trust) is a Canada-based closed-end real estate investment trust. The investment properties of the Trust operate through three segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Its Fort McMurray Properties include 10 properties. Its Other Investment Properties includes three properties. It’s Held for Sale and/or Sold Properties includes four properties. The Trust's property portfolio consists of 13 rental properties, encompassing 12 multi-unit residential properties, including the unsold condominium units at Lakewood Townhomes.


TSXV:LRT.UN - Post by User

Lanesborough Real Estate Investment Trust > When the lenders come knocking...
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Comment by quicksilver545on Feb 11, 2022 3:57pm
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Post# 34421767

RE:RE:RE:When the lenders come knocking...

RE:RE:RE:When the lenders come knocking...How much delay are we talking here though? The debentures mature in June, and unless there is a proposal we accept to modify the payment date, the company goes into default.

Do you expect that management will offer alternative proposals before then, or do we inevitably enter into CCAA in June?
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