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Bullboard - Stock Discussion Forum H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s):  HRUFF

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the... see more

TSX:HR.UN - Post Discussion

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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 Frankie10 on Nov 22, 2022 5:03pm
Yes, H&R is 100% of my real estate portfolio, which is levered (because I already sold all the riocan, smart and pmz i bought at this cycle's low for a tidy gain). Therefore, in order for me to unwind leverage, I must sell H&R as it is the only levered asset left for me to sell. I've been putting leverage on and taking it off all year with REITs - sell the rip, buy the dip ...more  
Comment by bttmfischer on Nov 23, 2022 3:25pm
Hello Mat. I really hope that your optimism is based on reliable information. I had HR (as well as REI) for years. I bought them while I kept on purchasing Dream reits for about six years, which when was bought out, I felt like winning the lottery. CRA was quite happy to collect $. I was thinking about Artis for a while, but never took the plunge. Since I paid $15 +/- for HR, I wasn't ...more  
Comment by CanSiamCyp on Nov 23, 2022 7:56pm
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