Marwest Apartment Real Estate Investment Trust V.MAR.UN

Real Estate REIT - Residential

Marwest Apartment Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is formed to provide unitholders with the opportunity to invest in the Canadian multi-family rental sector through the ownership of income-producing properties, with an initial focus on stable markets throughout Western Canada. The REIT properties include Element, Prairie View Pointe, Brio Brownstones and Kenwood Court. Element Townhomes include 112 multi-family units in Transcona. Element offers a resident clubhouse and is in close proximity to numerous shopping, dining and entertainment options within the neighborhood. Prairie View Pointe is located in North Winnipeg, with immediate access to the Perimeter Highway. Kenwood Court is located on the desirable South St. Vital neighborhood. Kenwood Court is surrounded by comfort, greenery, and riverside walkways. Brio Brownstones property includes approximately 148 units and luxurious clubhouse.

TSXV:MAR.UN - Post by User

Marwest Apartment Real Estate Investment Trust > PRICE CRASH

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Post by Stevesackon Dec 21, 2022 12:47pm

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Post# 35184986

PRICE CRASH

WOW stock price got killed today. Only 2 sellers though, I am assuming that they got tired of holding this company as it hardly ever trades and it was quite a bit higher earlier in the year. So tax loss selling could be a benefit for the more patient investor.It pays a small dividend and now at this stock price the div is just under 3%.

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