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Dream Residential Real Estate Investment Units DRREF


Primary Symbol: T.DRR.UN

Dream Residential Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. The REIT owns a portfolio of approximately 15 investment properties consisting of 3,300 units total. The REIT's portfolio includes Mansions at Riverside, Ashton Glen, The Morgan, Aspen Village, Colt’s Crossing, Rochelle Plaza, Maple Oaks, Council Crossing, Winchester Run, The Commons, Carriage Court, Commons at Kettering, Oak Place, Ascent at Lake Worth, and Creekwood Place.


TSX:DRR.UN - Post by User

Post by EstevanOutsideron Sep 19, 2024 11:11pm
124 Views
Post# 36232417

9.6 % implied cap rate today

9.6 % implied cap rate todaystill a massive margin of error off current valuation.

been adding more in slow trenches. 

recent sales of drr's areas support a cap rate in the mid 5s. 

definetely hope we see the team pull off a deal soon to get bigger

size and liquidity holding the valuation down. could change quickly if things get hot
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