Northview Residential REIT T.NRR.UN

Q3 Payout Reported

[DanielDarden]

I For the twelve months ended September 30, 2023, the AFFO payout ratio of 139.5% was higher than 99.5% for the twelve months ended September 30, 2022. The AFFO payout ratio is calculated using a trailing twelve month period, which therefore does not reflect the annualized impact of the distribution reduction in June 2023. For the three months ended September 30, 2023, distributions declared in this period represented 86.6% of AFFO. See also “Distributions to Unitholders” for further discussion of Northview’s distributions.

Try reading the 2nd last sentence, twice if you need to. Please correct your misleading post. Thanks.

[JosephM1]

And if you add back the 4 million in rent relief,  or 13.4 cents per unit. Then q3 ffo was ffo was 49 perent and AFFO was 62 percent.  Don't fool yourself out of your money! Not to mention upcoming savings on  the internalizaiton of management, another .10 cents annually.