Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by maypeterson Mar 05, 2018 11:09am
62 Views
Post# 27661216

RE:SP

RE:SPThe stock moves both ways (mainly downside these days) on low volume most times. 

Management is good - got internalized. Sister company got sold. Milestone got sold just after internatlization so that the management could cash in right away. Milestone should have sold at a higher multiple. Totally scammed the shareholders. 

Who knows. Maybe Pure sells itself also. Good assets. Have been upgrading quality of assets and disposing the old ones. 

Lot of inventory was going to come on board in 2017. Not so much in 2018. Should have better numbers for occupancy in 2018. Also the back to back bought deals really brought the stock down. The money was waiting to be deployed and this will affect the FFO per unit. 

The money has now been deployed and management internalization has been completed.

I see good things ahead. Steady stock to hold. 

TCN is also becoming good value - RBC's top pick in the small cap space. 


GLTA

Lostchannel wrote: I have been invested in this for about 5 years and regardless of the Sp I have been happy with this stock especially using the drip. I am wondering If anyone has an opinion on what holds this stock back. Milestones was bought out and I made a nice profit. These guys have top of the line properties and operate in a good geographic location. What does the future hold?


<< Previous
Bullboard Posts
Next >>