Northview Residential REIT Shares January Distribution Update
Northview Residential REIT's January Distribution Announcement
Northview Residential REIT is making waves as it proudly reports its January 2025 cash distribution amounts. This not only highlights their commitment to providing steady income for investors but also serves as a testament to their robust operations. The distribution will be C$0.091146 per Unit, translating to an impressive C$1.09 on an annualized basis for their outstanding Class A Units, Class C Units, and Class F Units. For investors interested in the details, this amount will be payable on February 18, 2025, to all holders of Units recorded as of January 31, 2025.
About Northview Residential REIT
Northview Residential REIT stands as a significant player in the real estate investment trust (REIT) space. Formed under a declaration of trust, the REIT's primary objective is to indirectly acquire, own, and efficiently manage a portfolio of income-producing rental properties situated in secondary markets throughout Canada. As a publicly traded entity, Northview is dedicated to ensuring its properties meet the needs of diverse communities while maximizing returns for its investors.
Commitment to Investors
The management team at Northview Residential REIT understands the importance of transparency and regular communication with its investors. By announcing distributions well in advance, they provide investors with clarity on their expected income, fostering trust and encouraging long-term investment in the portfolio.
Growth Strategy
Northview Residential REIT continues to focus on strategic acquisitions of properties in high-demand regions, ensuring their portfolio remains competitive and capable of generating consistent revenues. Their investment strategy emphasizes sustainable growth, enhancing their ability to offer attractive distributions to their unit holders.
Leadership Team
Under the capable guidance of Todd Cook, President and Chief Executive Officer, Northview Residential REIT has navigated the complexities of the real estate market with finesse. His leadership ensures that the REIT not only acquires quality properties but also manages them in a manner that promotes long-term value creation. Alongside him, Sarah Walker serves as the Chief Financial Officer, overseeing financial strategies that support the REIT's growth and distributor commitments.
Contact Information
For further inquiries, stakeholders can reach out to the leadership team directly. Todd Cook can be contacted at (403) 531-0720, and inquiries may be directed to his email at tcook@nvreit.ca. Additionally, Sarah Walker is available at the same phone number, with her email contact being swalker@nvreit.ca. Their openness and approachability are indicative of Northview's operational philosophy.
Frequently Asked Questions
What is the cash distribution amount for January 2025?
The cash distribution amount for January 2025 is C$0.091146 per Unit, totaling C$1.09 on an annualized basis.
When will the distributions be paid?
The distributions will be payable on February 18, 2025, to holders of Units recorded as of January 31, 2025.
Who is the leadership team of Northview Residential REIT?
The leadership team includes Todd Cook as President and Chief Executive Officer, and Sarah Walker as Chief Financial Officer.
What is the primary objective of Northview Residential REIT?
Northview Residential REIT aims to acquire, own, and operate a portfolio of income-producing rental properties in secondary markets across Canada.
How can investors contact Northview Residential REIT?
Investors can contact Todd Cook at (403) 531-0720 or email tcook@nvreit.ca. Sarah Walker can be reached at the same phone number and her email is swalker@nvreit.ca.
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