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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 > It’s over
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Comment by Cbcdistressedon Feb 03, 2023 3:47am
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Post# 35264098

RE:It’s over

RE:It’s over
Cbcdistressed wrote:

I expect they will announce another sell very soon. Nothing will be left for unit holders. The management suck this company dry... liquidating assets to the insiders in front of our eyes. 

I am lucky all the converted units are in my TFSA so I don't have to worry about the taxes. 

They fu*ked everyone. At this point I only hope the rest assets on the balance sheet will be sold below market value so that those asshol* can get their loan back and will suffer to a degree as well.

 


Can not* get their money back 
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