Pure Multi-Family REIT LP PMULF

$10.07 :>))

[TimeBuilder]

Will hang on to the bitter end as long as any deal is only CASH....A Great long term holding...sorry to see it go... GLTA TimeBuilder

[maypeters]

Both the Pure companies have been moneymakers.  At least we did not get sold out by management like Milestone Apartments REIT. That Milestone portfolio would have been worth a lot of money today. That management cashed out as soon as they internalized. 

[TimeBuilder]

maypeters >>   Note: we also owned Milestone & were not HAPPY with final out come BUT made a litle return :>)) Regards, TB

[maypeters]

Where do we find refuge now ?  Running out of companies owning aprtment complexes and listead in Canada. May have to move to the US ones.  Tricon has lot of potential but the market did not like the purchse of SFH portfolio from Starlight.  Morguard has some apartments in the US.  # Am waiting for WPT Industrial to get taken out next. 

[bruloil]

Morguard is fine investment, the problem is: it's owner Sahi Rai who is more interrested in buying the shares for cheap than seing them raise. mrt.un, twc are perfect exemple.

[maypeters]

goes low enough Rai will take it private. He is looooooooong term investor. 

[TimeBuilder]

maypeters >>> Currently only own IIP.UN in this space + RUF.UN....In very, very early BUT it may to TOO late to get a good return on IIP.UN now. Did look @ KMP.UN & CAR.UN but never pulled the trigger....NOW I think we have to start our search again for an RUF.UN replacement. Really like the space BUT where do we go from here !!! Regards, TimeBuilder PS: Please let us know what you

[TimeBuilder]

maypters >>> You might also look @ NVU.un..... Sorry...completely forgot about this Long term holding, again in very early & still an Happy investor.....TB

[maypeters]

already have it. Have a pretty large position in SMU (Summit Industrial) - I like industrial space though the cap compression is not good if you want to get in at this point of time. But the same is happening with the apartments also. SMU distribution is 100% ROC (return of capital). So great for holding this in the corporate account where the greater than $50K passive income messes around with

[TimeBuilder]

Thanks for that info.....Currently cash poor....But have them on our watch listing.....May have some extra funds on the 15th & 30th this month & will review them as time goes by...Regards & sucessful investing TA , TimeBuilder