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Bullboard - Stock Discussion Forum Northview Residential REIT T.NRR.UN

Alternate Symbol(s):  NRRUF

Northview Residential REIT is a Canada-based real estate investment trust. The Company is engaged in indirectly acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. Its properties include multi-residential properties, commercial properties, and execusuite properties. Its multi-residential properties include Dawson Townhomes... see more

TSX:NRR.UN - Post Discussion

Northview Residential REIT > Reit sector rallies. This one’s totally ignored.!!
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Post by Panic54321 on Nov 02, 2023 11:17am

Reit sector rallies. This one’s totally ignored.!!

Yes, the entire reit sector is rallying because it's been destroyed in the last year.

this reit has very low trading volume and has been totally ignored. It is a great time to pick up some of this.

It has not gone along for the ride.

this is almost all residential apartments, all over Canada, and extremely undervalue at the moment. 

time to buy!   Great yield !

Comment by incomedreamer11 on Nov 02, 2023 11:33am
No rush, I will wait Q3 results .Need to know what is AFFO payout, occupancy, liquidity and cash position ,debt situation.From previous experience, Drimmer and Co. used artificial high distribution like bait for some investor. Now, CEO  T.Cook more independent from them.but he is responsible for previous fiasco too.
Comment by DanielDarden on Nov 02, 2023 2:44pm
Because of the concessions to Yellowknifers during the wildfires Q3 results likely will not be a true indication of the AFFO going forward. This is likely a 2024 story insofar as numbers as no analysts are covering it presently. I am expecting some coverage then and of course more exposure. Additionally, the market cap and EV should be corrected to reflect the true size of NRR and its’ potential ...more  
Comment by incomedreamer11 on Nov 02, 2023 3:00pm
I opened for a while small position 10.8 CAD (gave a second chance for T.Cook) in my high yeld speculation portfolio.While T .Cook was at helm with NPR.UN they increased distribution regulary and were Dividend Aristocrat, but after invasion Drimmer with his TN.UN everything goes sour. I need confirmation situation turn around. For high yeld and safe distribution I can get Allied or some ...more  
Comment by JosephM1 on Nov 02, 2023 4:45pm
Be very hard,  nearly impossible to find a apartment reit with 10 percent yield,  trading 6.5 times AFFO,  and 55 percent discount to NAV.  
Comment by JosephM1 on Nov 02, 2023 7:30pm
Almost forgot,  67 prrcent payout ratio on AFFO!
Comment by Panic54321 on Nov 09, 2023 6:12pm
100% agree that this is totally overlooked reit.  (   residential apartment reit )   it's smaller it's totally overlooked. It's already cut the dividend in the restructuring.   Wait for the next quarterly earnings! it's a buy !!  Almost the entire riets sector has been thrown in the trash.   interest rates won't stay this high forever ...more