Post by
SNAKEYBOY on May 06, 2023 4:25pm
End game
These guys need to sell 1 or 2 more buildings at NAV and DIR and it's a privatization and improving debt or stands the same. I strongly feel they'll do one more by end of year, then DAM and Sandpiper pay a decent price for the very tiny amount left... if any. Good chance this happens between $16 and 22.
Comment by
SNAKEYBOY on May 06, 2023 4:54pm
Brookfield properties partner did this in 2021. SIB at $14.50. 5 months later buyout at $21 I think
Comment by
CANCDN on May 06, 2023 10:27pm
You seem to be big into reits. You should join the REIT discord I am part of. Tons of D bulls on there. Big bulls, like 200k share bulls lol.
Comment by
SNAKEYBOY on May 07, 2023 10:25am
CADCDN how do I join this reit discord? Yes I'm fully into REITS worked coming out of covid .. not so much now.
Comment by
CANCDN on May 07, 2023 9:31pm
Send me a PM and I'll get you a link to join.