Bullboard - Stock Discussion Forum 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... see more

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Artis Real Estate Investment Pref Shs Series E > IT'S ABOUT TO GET REAL

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Post by garyreins on Nov 01, 2024 7:07am

IT'S ABOUT TO GET REAL

Today is the one day I'm literally licking my chops ready to pound the buy orders. Why? It's the 8th consecutive day of potential losses, juicy yields, and caps a 11% correction. BRING IT U NASTY SHORTS!!

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Comment by Frankie10 on Nov 01, 2024 8:12am

I have to agree... we have reached a beautiful intersection of: 1) cheap capital that is only getting cheaper; and 2) cheap REIT valuations with rich yields. I have zero respect for you - but your levered REIT strategy admitidley looks like perfection at this moment. I will be buying back what I trimmed, and more. We have not endured hell to shy away now... forward.

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Comment by garyreins on Nov 01, 2024 8:47am

Thanks Frankie. Getting your blessing for my margin-up strategy means a lot. It does help that I freed up 200k not long ago and have some SPARE bills to play with. I gotta entertain the prospect of a flush, but right now seems like a significant portion can be put back to work. The shorts just dunked some names giving me a 2-3.5% spread on my 4.78% borrowing rate. GLTA

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