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Pure Multi-Family REIT LP PMULF

Real Estate REIT - Diversified
"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

Pure Multi-Family REIT LP
Bullboard Posts
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Post by netgenxon Jan 20, 2015 3:15pm
207 Views
Post# 23340595

sold 1/3 today

sold 1/3 today
2000 shares @ C$5.60 (I don't really understand why Stockhouse doesn't show RUF.UN price) on concerns over the Texas rental market. RUF has reasonable turnover in their units and I suspect we'll see some softness in both revenue and NAV similar to what we've started to see in Alberta. Shale plays have been the driving force in Texas and are completely uneconomic at today's price of oil. Just sayin'
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities