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Is Canadian Apartment Properties REIT a Buy After a Strong Q2?

Canadian Apartment Properties REIT  (TSX:CAR.UN) released its quarterly results earlier this month. I’ll look at how the company did, the strength of its financials, and if you should consider buying the stock. The company owns and operates residential rental properties , including apartments and townhomes, in many large urban centres in various locations across Canada. Although it’s predominantly in Canada, Canadian Apartment Properties has locations in Europe as well, specifically in Ireland and the Netherlands. The stock is a little different than many other REITs in that it focuses on apartments and residential spaces; other trusts rely more on commercial tenants. This stock would allow… Canadian Apartment Properties REIT (TSX:CAR.UN) released its quarterly results earlier this month. I’ll look at how the company did, the strength of its financials, and if you should consider buying the stock. The company owns and operates residential rental pr...

Abode Properties Grows Portfolio with Acquisition of 160-Unit Oak Hollow Apartments in Seguin, Texas

SEGUIN, TX - Abode Properties announced its most recent transaction, adding another Class A multifamily asset to its steadily growing portfolio . Abode Properties welcomes Oak Hollow Apartments to its family of Class A multifamily residential properties . Oak Hollow is a 160- unit community located in Seguin, TX approximately 35 minutes east of San Antonio. Seguin is the county seat for Guadalupe County which currently sits as the 8th fastest growing county in Texas with a 47.75% increase in population from 2000-2010. Seguin is the retail hub for 3 counties, Guadalupe, Gonzalez and Wilson. Oak Hollow is the perfect place to call home. This master planned community is constructed with quality, sustainable materials, and is unsurpassed in providing energy efficient green initiatives as a standard feature. “We are excited to add this new asset to our portfolio. Oak Hollow is a premier gated community that provides tenants with a safe, stylish, energy efficie...

Chinese buyers keeping apartments empty 'an urban myth'

After a UBS housing report pointed to as many as one in four homes owned offshore by mainland Chinese buyers being kept empty, and a further quarter used on a "temporary" basis, experts have been quick to say the results do not apply to Australian real estate . Among the naysayers is Jane Lu, head of Australia for Chinese international property site Juwai . She said there was "no hard data" and called the idea of vacant apartments held by offshore buyers as an "urban myth". "Most Chinese buyers of inner- city apartments are not so wealthy that they can afford to leave their property vacant ??? rather than renting it and earning some sort of income. There are some who do not live there full-time, because it is their second home. " Chinese investors are no more likely to turn down easy rent money than are Australians ... Australian second-home owners probably have more vacant properties in Ballina and Byron Bay than Chinese investors do...

PROGREEN US : Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-K)

The following discussion of our financial condition and results of operations should be read in conjunction with the financial statements and notes thereto and other financial information included elsewhere in this report. Certain statements contained in this report, including, without limitation, statements containing the words "believes," "anticipates," "expects" and words of similar import, constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel ; changes in our business strategy or development plans; competition; business disruptions; adverse publici...

Griffis Residential Completes Fourth Acquisition in Austin With Purchase of Falcon Ridge Apartments

DENVER, CO--(Marketwired - Aug 12, 2015) - Griffis Residential , a Denver- based multifamily investment and management firm, announced today that it has acquired Falcon Ridge Apartments , a 296-unit Class-A multifamily community located in the vibrant South Congress area of Austin, Texas. With the Falcon Ridge acquisition , Griffis Residential currently owns and manages approximately 6,700 apartment units in Colorado, Texas, Nevada and Washington. " Falcon Ridge Apartments is an institutional quality asset in a superior location near Austin's employment- rich Central Business District ," said Griffis Residential Executive Chairman , Ian Griffis. "Falcon Ridge is a perfect choice for renters who are looking for close proximity to Austin's urban employers and high- quality amenities at a more attractive price point than new midrise properties in the area." Effective immediately, Falcon Ridge Apartments has been renamed Griffis SoCo Austin . For commun...

Boardwalk Reit (TSE:BEI.UN) target price bumped down to $42.50, released a research note earlier today by Scotia Capital

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Scotia Capital bumped down the target of Boardwalk Reit (TSE:BEI.UN) to $42.50 stating a potential upside of 0.02%. On 5/15/2017, CIBC World Markets released a statement on Boardwalk Reit (TSE:BEI.UN) bumped up the target price from $42.00 to $46.00 that suggested a downside of -0.06%. Boasting a price of $41.83, Boardwalk Reit (TSE:BEI.UN) traded 0.00% even on the day. With the last close up 0.00% from the two hundred day average , compared with the S&P 500 Index which has increased 0.05% over the date range. Boardwalk Reit has recorded a 50-day average of $0.00 and a two hundred day average of $0.00. Volume of trade held steady , with 0 shares of BEI.UN changing hands on par with the typical 0 Performance Chart With a total market value of $0, Boardwalk Reit has with a one year low of $0.00 and a one year high of $0.00 . More About Boardwalk Reit (TSE:BEI.UN) Boardwalk Real Estate Investment Trust (the Trust) is an open- ended real estate investment trust (REIT). The Company...

Champions Walk apartments sell for $58 million

The 376- unit Champions Walk apartment complex sold for $58 million on Aug. 8, making it the latest in a number of high dollar sales of multi- unit residential properties in Manatee County . The complex at 4148 53rd Ave. W. is located between IMG Academy and Electa Arcotte Lee Magnet Middle School . Champions Walk , built in 1996, last sold for $30.1 million in 2013, according to the Manatee County Property Appraiser ’s Office. Champions Walk of Bradenton LLC, whose address is listed as care in of Abington Holdings in New York City, sold the property to Merion Champions Walk L.P., whose address is listed as 308 E. Lancaster Ave., Suite 300, Wynnewood, Pa. Merion Champions Walk is listed as a pooled investment fund in a filing with the U.S. Securities and Exchange Commission. Although representatives of the company did not immediately respond to a request for comment, the Champions Walk web site , championswalkapartments.com is already touting new ownership, new management and b...

Apartments for Rent in Irving, TX - 1386 Rentals

If you're looking for an apartment in a beautiful, masterplanned community known for its outstanding schools and thriving economy, then you' ll love living in Irving. Irving apartments are located in Dallas County about 20 minutes from Fort Worth and 15 minutes from downtown Dallas. Irving is divided into two large masterplanned communities , Las Colinas and Valley Ranch. Las Colinas is a 12,000- acres major business center (with some residential properties) that is home to 2,000 corporations and is the global headquarters of four Fortune 500 companies: Exxon Mobil, Kimberly-Clark, Fluor and Commercial Metals. The area is clean, well-lighted and meticulously landscaped. In addition to office towers, Las Colinas has a number of man-made lakes and ponds, and beautiful winding walkways along its canals. Like Las Colinas, Valley Ranch is also a masterplanned community, though largely comprised of residential properties. It is home to some 30,000 residents, has ample affordable a...