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Enterprising Investor

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Enterprising Investor

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Re: Enterprising Investor post# 39

Thursday, 11/10/2016 3:43:18 PM

Thursday, November 10, 2016 3:43:18 PM

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NXRT plans to increase investment in the Phoenix market.

In addition, management believes the time is right to enter Houston. One of the opportunities mentioned were 1990's era properties available at 6.5% cap rates. The trust mentioned that it may swap DFW properties valued at 5.25% cap rates and move into Houston at 6% plus.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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