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Capitan Investment Ltd V.CAI

Alternate Symbol(s):  SAHRF

Capitan Investment Ltd. is a Canada-based company. The Company’s primary business is investment in real estate development projects. The Company invests in two real estate development projects in the United States, namely the Auden Project and Air Albany Project. The Auden Project is a student housing project situated at 2915-2949 North Forest Road, Amherst, New York. The site covers an area of approximately 5.39 acres, inclusive of certain undevelopable areas, in the vicinity of the University at Buffalo campus. The Auden Project consists of 154 residential units and 481 beds, and a lower-level parking area having 283 parking spaces, together with ancillary amenities and improvements, in a four-story building containing approximately 213,438 square feet.


TSXV:CAI - Post by User

Post by Nemesis01on Jan 25, 2018 2:04pm
113 Views
Post# 27433884

Investible?

Investible?
Found this company looking for companies that have a book value more than their market cap.

Looks like a make work project for establishing credentials for management. Not much in the way of business activity. Having said that, I'm interested if any one has heard anything about the new management actually wanting to make a business of this.

I may take a very small position in the hopes that they may do something.

Thoughts?
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