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Lanesborough Real Estate Investment Trust V.LRT.UN

Real Estate REIT - Residential
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

Lanesborough Real Estate Investment Trust
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Comment by estebancaballoon May 02, 2015 1:10pm
94 Views
Post# 23688230

RE:RE:Debt being paid down

RE:RE:Debt being paid downIf they can sell the seniors' homes as they have supposedly been trying to do for the last several years then they may be able to pay down the debt significantly and get back into the black.....but the current slowdown in FM probably delays that scenario for another year....a long slog....all imho.
Bullboard Posts
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