What is Boardwalk real estate investment trust?

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada.

Is Boardwalk REIT a good buy?

Boardwalk REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings. According to analysts' consensus price target of C$77.00, Boardwalk REIT has a forecasted upside of 16.2% from its current price of C$66.27.

How much money does boardwalk get from unencumbered assets?

At the time of the release of the Q1 report, Boardwalk had locked in the interest rate for $197.6 million of the mortgages maturing in 2023 at an average rate of 4.44%. On the liquidity front, in addition to the $244 million noted below, Boardwalk can get an additional $96.5 million against its unencumbered assets, which comprise 866 rental suites.

How many homes does boardwalk have?

Providing homes in more than 200 communities, with over 33,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.