Replies to post #25640 on Reliance Global Group Inc (RELI)

[shanak10]

And keep in mind that his multi family properties have a 96% occupancy.
Here are some snippets from his PR's

11/19/19 Construction of the first 117 units was completed in 2017 and is 97% occupied.
We were attracted by the high occupancy rate and growth in the area.

10/29/19 The property consists of 176 apartment units, built in the late 1990s, located in a strong market in the central region of the US. The property currently has a high 95% occupancy rate.

8/19/2019 We are excited to announce the planned acquisition of this premier property. This acquisition is consistent with our strategy of acquiring undervalued properties with sustainable cash flows in attractive markets. The property is ideally located in an area experiencing strong job growth. This is reinforced by the 97% occupancy rate in the first phase of the project, as well as the fact that the second phase is already 40% leased and over 100% pre leased upon completion of construction. We look forward to providing further updates as the project progresses."