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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (113393)5/18/2022 9:54:52 AM
From: Goose94Read Replies (1) of 202283
 
Canadian Apartment Properties REIT (CAR.UN-T) If you missed it, check out Andy’s conversation with Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) CEO Mark Kenney. On NIMBYism, he said there’s a “full-blown war” on high-density home construction that could imperil Canada’s economy. And he addressed an often overlooked segment of the market that could ease Canada’s supply conundrum: modular/mobile homes, which he said are unfortunately still carrying a stigma because of our memory of decades-old trailer parks. Read all about it here. Separately, we’ll point out here that RBC Capital Markets Analyst Jimmy Shan last night cut his price target on CAPREIT to $66.00 per share from $69.00 because of what he described as a “valuation conundrum.”
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