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Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.


TSX:AX.PR.E - Post by User

Post by Mongoose1234on Nov 27, 2023 12:41pm
289 Views
Post# 35754619

Artis Reit - Snake/Gary/et al

Artis Reit - Snake/Gary/et alI used to cringe at Snake/Gary's posts totally embarassing himself. Now, i just laugh. 
He clearly has no idea of reality and this guy is the textbook example of why unsophisticated retail investors should not manage their own money.
If he bought this stock on margin, he's an absolute fool.
If he put in more htan he can afford to lose, he's an absolute fool.
If he bought this expecting a sure thing, he's an absolute fool.

Gary, heres a couple quick pointers. Get a pen and write these downs.
REITS are not 100% correlated to the bond market or cap rates. Go do some reading. it depends on NOI (which has a bunch of driving factors), Cap Rates, Future Growth expections of rents and many other factors. They will not (and i'll repeat that for you as you likley need it) NOT BE correlated strongly with bond markets. 

There are huge frictional costs associated with a windown or even someone taking private has to factor in frictional losses. 
As you clearly are not involved in commercial real estate, if you were, you'd know that liquidty for physical assets is low, and trades are infrequent for office/land/industrial. It is really slowed / slowing down. Samir can't just sell this stuff, this isn't a liquid asset....you need to do some reading on how large commercial real estate transactions take place. 
I won't even ask you to read up on frictional costs, as you won't understand that.

Secondly, this isn't coming back to $10 anytime soon...
Rates will slowly drift down (i'm not even going to try to ask you to understand forward yield curves) but nothing is happening quickly.

People will head back to the malls, and the office, but it'll take years to recover.

You made a poor investment, you need to live with that. No one is going to bail you out.

And no, Samir isn't in the same boat as you. he's in a very different boat, you'll never really understand that.

i would strongly recommend you hiring a financial advisor and stop trying to trade yourself as (if you haven't already) caused yourself disastrous losses, you very likely will.

and please stop posting your useless commentary
you are just embarassing yourself

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