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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 > Who were the braniacs?
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Comment by Isyckleon Mar 01, 2022 5:07pm
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Post# 34472782

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Who were the braniacs?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Who were the braniacs?

If this was a real debt, it should have been used to pay back the mortgage, to compensate for the fair value adjustments, which it wasnt used.

So this debt is not a material change, pretty sure the money never even left Shelter/Manitoba accounts in the first place. 


So the assets diminished, trust deficit grew, and thats about it.

if that is in fact the play they are going for, a few of us here wont be happy, and ill be the first one to gather troops for class action. 


Im in since 2017, so i have the feeling they are in for the long run still.

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