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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Comment by Winnipeg40on Oct 19, 2010 10:48pm
169 Views
Post# 17585541

RE: RE: RE: RE: RE: RE: RE: RE: RE: Winnipeg - Deb

RE: RE: RE: RE: RE: RE: RE: RE: RE: Winnipeg - DebWhere have you been. In fact, it is buyers of apartments that have to be very aggressive in their purchases in most cities in Canada (unfortunately for LRT...not Fort Mac) and it is not the seller that needs to wine and dine but the reverse.

I am sorry that you worked in a job for so many years. I stopped working for others when I was 32 and started buying apartments across Canada and Minneapolis. Only through good luck did I buy in Calgary in 1983 and Vancover in the mid 80's..things were like 10-15 a door in Calgary and 40-50 in Vancouver. and rode a huge wave up. Again strictly luck when I decided to slow down in 2007 and started selling off everything. Bored now.
I am just entertaining myself here and playing some junior mining and oil stocks. Still considering doing something with this dog..private, it could do well with a capital injection over the next few years as things stabilize in fort mac.

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