Northview Residential REIT T.NRR.UN

Alternate Symbol(s): NRRUF

Northview Residential REIT is a Canada-based real estate investment trust. The Company is engaged in indirectly acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. Its properties include multi-residential properties, commercial properties, and execusuite properties. Its multi-residential properties include Dawson Townhomes, Ridgeview Apartments, Parkview Apartments, Tuscany Manor, County Squire A and B, Willowbrook Townhomes, Mt. Glacier Apartments, and Springhill Apartments, among others. Its commercial properties include the Franklin Manor Building, Bristol Court Sun Life, Blackstone Federal Building, Mack Travel Building, Shoppers Drug Mart, NWT Commerce Place, and others. Its execusuite properties include Inuvik Capital Suites, Capital Suites, and Iqualit Capital Suites. Its portfolio consists of approximately 14,400 multi-residential suites and 200 execusuites across nine provinces and two territories.

TSX:NRR.UN - Post by User

Northview Residential REIT > Big discount to NAV.

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Post by Panic54321on Nov 11, 2023 12:14pm

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Post# 35730195

Big discount to NAV.

Large yield! 11%

67% payout ratio 2023

Over 50% discount to NAV

28% owned by starlight
22% owned by kingsett
3 others institutions own almost 30%

not sure when earnings are , but should be this coming week.

mostly residential properties ( apartment buildings ) - undervalued rents especially in western Canada.

they should be looking great going forward

debt. Is a little high, but sustainable.

it's really overlooked reit.

14'600 units
2.7 billion total assets.

I am buying as much as possible at these levels.

Good time to buy if you like sales

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