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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $43.73)
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InterRent Real Estate Investment Trust (IIP.UN $13.17)
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Marwest Apartment Real Estate Investment (MAR.UN $0.77)
Q: Found this tiny REIT that has a portfolio of multi-family properties in Winnipeg. They trade at a significant discount to NAV; however, the debt is high and it is VERY illiquid primarily because there are a very low number of equity units O/S.
The Company is externally managed with a management agreement that pays fairly high fees.
Is this one worth the risk?
The Company is externally managed with a management agreement that pays fairly high fees.
Is this one worth the risk?