TSX:MPCT.DB - Post by User
Post by
EstevanOutsideron Nov 17, 2024 1:40pm
55 Views
Post# 36317215
Minto call, useful listen
Minto call, useful listenMinto just sold a 1973 Ottawa building at $69 million ($285/door) high 3 cap rate.
On the call Jonathan Li said he thinks he could sell every building tomorrow at NAV.
Also spoke of a number of sales Minto saw on residential apartments, mid to high 3 caps.
Seems bullish for Impact.
Narrative and reality are two different thing. Apartments still have a bid under them.