Yorkton Equity Group Inc V.YEG

Yorkton Equity Group Inc. is a Canada-based real estate investment company. The Company is focused on providing shareholders with assets through accretive acquisitions, organic growth, and the active management of multi-family rental properties with significant upside potential. Its business objectives are to achieve growing net operating income as well as the asset values in its multi-family rental property portfolio in strategic markets across Western Canada. It primarily owns a portfolio of multi-family rental properties in Alberta and British Columbia. Its geographical focus is on secondary markets in Western Canada. Its residential properties include townhouses and low and mid-rise apartments located in Alberta (Edmonton) and British Columbia (Kelowna, Langford, Penticton, and Fort St. John). It owns over nine multi-family rental properties, such as the Dwell, Larson Place, Pacific Central, Winton Terrace, Canterbury Estates, Midtown Apartments, Riviera Gardens, and others.

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Yorkton Equity Group Inc > Overhead costs are top heavy

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Post by pennydredfulon Nov 11, 2022 9:36am

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Overhead costs are top heavy

Plus they incurred huge bad debt ----must be renting to dead beats and have poor credit checks in place or non existent or perhaps what one can expect in BC. ?

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