Post by
Frankie10 on Nov 22, 2022 3:38pm
Selling
Pains me to sell this to reduce leverage but HR is now 100% of my real estate portfolio... selling from 12.51 all the way up - 3% of total units per resistence level (already close Riocan position - last tranche @21.49). Agreesively taking profit and paying down debt for the fourth time this year... this has allowed me to turn the leverage back up every bottom. It has worked out nicely. My conservative nature would rather realize gains and reduce risk by paying debt that's at prime - 5.95% plus I expect another 25-50 bps in December. Anybody else own this or other REITs with some leverage?
Comment by
materialsgirl on Nov 22, 2022 4:36pm
Your blog is not very clear to me. HR is now 100% of your real estate portfoilio.? HR is my favourite too. I foresee it double by December 2026 including reinvested distributions. That is why I am not selling mar
Comment by
CanSiamCyp on Nov 23, 2022 7:56pm
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