Jeffrey F. Olin
TransGlobe Apartment REIT
TGA.UN-T
BUY
Dec 21, 2011
Apartments. Have gone through some transition in the last year by internalizing management. Management is competent. Thinks the distribution is sustainable.
National apartment landlord trading at around $12 and is worth about $12.50-$13. Good management. If you are comfortable with an 8% all in total return you can find here, but he would wait for a little bit of a pullback.