Opinions
Patrick Horan
CHC Student Housing Corp.
CHC-X
WAIT
May 28, 2015
$7.900
Stock price when the opinion was issued
REAL ESTATE
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
They are a small cap REIT. For the most part he is not interested in REITs. These guys go to university towns and reformat buildings to facilitate university residence. Their big competitor is the university itself, which find buildings cost too much when you consider the services to operate residences. This business model has been exploited in the US and UK and thinks it is coming to Canada. There is a new stock issue coming and it appears to be an attractive business model. Talk to your advisor. No yield yet and highly illiquid. Don’t buy it today, but wait for the new issue. Their returns per unit of housing are quite high.