Dream Residential Real Estate Investment Units T.DRR.UN

Alternate Symbol(s): DRREF

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.

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Dream Residential Real Estate Investment Units > Rob Lauzon -BNN - Top Pick

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Comment by Possibleidiot01on Mar 25, 2024 7:42pm

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Post# 35951880

RE:Rob Lauzon -BNN - Top Pick

TOP PICK

It has garden style town homes and apartments in Texas and Cincinnati. It appeals to middle class renters and could get rent increases. It is trading below its NAV by over 30% so is mis-priced. Its payout ratio is 65% to70% so the dividend of 6% is safe. Buy 7 Hold 1 Sell 0

(Analysts’ price target is $12.56)

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