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.

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Lanesborough Real Estate Investment Trust > 8 Hours to the Next Postponement

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Comment by Cbcdistressedon Mar 02, 2022 7:17pm

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Post# 34477198

RE:RE:RE:RE:RE:8 Hours to the Next Postponement

Isyckle wrote: There is no 100 million, it's just to cover for the fair value adjustments, the 100 million doesn't exist.

Change accounting method and poof! 100 million in magoc revenues. It goes both ways.

you need to stop posting this nonsense. The 100 million is on the book as debt they used the money to pay down the mortgage as the property value is lower and the original loan to value ratio doesn't make sense anymore so the bank has to cut the loan which is replaced by shelter's 100 million.

now you get it.

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