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Pure Multi-Family REIT LP PMULF

"Pure Multi-Family REIT LP is a Canada-based real estate investment trust. It invests in multi-family real estate properties focused on luxury resort-style apartment communities in the United States, which offers investors exclusive exposure to U.S. multi-family real estate assets. Its portfolios are in Dallas, Texas, Arizona, Houston, Georgia, San Antonio, Phoenix, and Nevada. Its portfolio includes Pure Fillmore Appartments, Pure Farmers Market Apartments, Lansbrook At Twin Creeks, The Avenue


OTCQX:PMULF - Post by User

Bullboard Posts
Post by generaldiscon Apr 18, 2013 10:23pm
176 Views
Post# 21344951

Drat, another equity offering

Drat, another equity offering

This time at $5 - their original IPO price.
In other words, since its IPO last summer, they haven't gone anywhere.
Every time it goes into the $5.20 range, they beat it down with an equity offering far below that price.
I think the last one was at $5.15.
If they just leave it alone for a few months, I believe this can go to $5.35 or above.

Bullboard Posts