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Lanesborough Real Estate Investment Trust V.LRT.UN

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 > 8 Hours to the Next Postponement
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Comment by Cbcdistressedon Mar 02, 2022 7:17pm
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Post# 34477198

RE:RE:RE:RE:RE:8 Hours to the Next Postponement

RE:RE:RE:RE:RE:8 Hours to the Next Postponement

Isyckle wrote: There is no 100 million, it's just to cover for the fair value adjustments, the 100 million doesn't exist.

Change accounting method and poof! 100 million in magoc revenues. It goes both ways.

 

you need to stop posting this nonsense. The 100 million is on the book as debt they used the money to pay down the mortgage as the property value is lower and the original loan to value ratio doesn't make sense anymore so the bank has to cut the loan which is replaced by shelter's 100 million.

now you get it.

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