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Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s):  BOWFF

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. The Company provides homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle which, caters to a diverse demographic. Its objectives are to provide Resident Members with quality rental communities and the best tenant/customer service, provide its holders of Trust Units with stable monthly cash distributions, and to increase the value of the Trust Units through the effective management of its residential multi-family revenue producing properties, renovations and upgrades to its current portfolio, and the acquisition and/or development of additional, accretive properties or interests therein.


TSX:BEI.UN - Post by User

Boardwalk Real Estate Investment Trust
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Comment by WDMBellon Mar 30, 2020 10:08pm
307 Views
Post# 30862610

RE:RE:RE:RE:RE:RE:Cheap REIT

RE:RE:RE:RE:RE:RE:Cheap REITI agree with you on every level. To bring perspective I like to think that if you owned a 500K house on February 26, 2020 would you up and sell it for 200K today? Clearly there could be some short-term rent issues, however Boardwalk is well versed in this environment and know how to manage the situation to maximize long term shareholder value.  As well if you couldn't afford to move out and buy a house before the whole Wuhan Flu there is no way you are going to be able to in the near future once the whole pandemic subsides.
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