Killam Apartment REIT T.KMP.UN

Alternate Symbol(s): KMMPF

Killam Apartment Real Estate Investment Trust (Trust) is a Canada-based residential real estate investment trust. The Trust owns, operates, and develops a $5.3 billion portfolio of apartments and manufactured home communities (MCHs). Its segments include Apartment, MHC, and Commercial. Its Apartment segment acquires, operates, manages and develops multifamily residential properties across Canada. Its MHC segment acquires and operates MHC communities in Ontario and Eastern Canada. Its Commercial segment acquires and operates stand-alone commercial properties in Ontario, Nova Scotia and Prince Edward Island. Its apartment portfolio consists of over 18,801 units, including 1,343 units jointly owned with institutional partners. It owns over 5,975 sites in 40 MHCs, also known as land-lease communities or trailer parks, in Ontario and Atlantic Canada. It owns the land and infrastructure supporting these communities and leases sites to tenants who own their own homes and pay Killam site rent.

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Killam Apartment REIT

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Post by Maxmoeon Aug 28, 2024 10:07am

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Post# 36199210

Trailer park gold

Forget the trash talk. I stayed in Freeport Maine last night and caught the local news. Ig story about some evil New York City financiers buying up trailer parks in Maine and surrounding states. They immediately start jacking up lot rental rates. It's not cheap or easy to move if you don't like the hike. Rates for one place went from $350 per month to over $500. Seems easier and quicker way to Jack up cash flow. Cold cruel world in America . Never heard of this happening in the maritimes where Kmp has so many parks.

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