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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 > It’s over
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Comment by Cbcdistressedon Feb 03, 2023 3:47am
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Post# 35264098

RE:It’s over

RE:It’s over
Cbcdistressed wrote:

I expect they will announce another sell very soon. Nothing will be left for unit holders. The management suck this company dry... liquidating assets to the insiders in front of our eyes. 

I am lucky all the converted units are in my TFSA so I don't have to worry about the taxes. 

They fu*ked everyone. At this point I only hope the rest assets on the balance sheet will be sold below market value so that those asshol* can get their loan back and will suffer to a degree as well.

 


Can not* get their money back 
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