PR

Former Buyside PM turned Private Investor. Following with a passion…Oilers, ND Fighting Irish, Longhorns, Wine and Stocks (especially REITs).

[PR @pjreddy]

Amazing!!!

[Freddy🇩🇪 @FreddyLA7]

@houstonpolice Thanks for taking the time and the gifts🙏

[Freddy🇩🇪 @FreddyLA7]

Our most American experience so far🇺🇸

We met with the Houston Police department and ate typical Texan BBQ together. It looked in there just like in the movies. They even put on Ella Langley just for us.😂

[PR @pjreddy]

@JoePompliano Love this so much. The level of respect and care really needs to be appreciated.

[PR @pjreddy]

Out of $NXE.TO and added a little $hr.un.

[Chris in Canada 🍁 @tsxman]

$Hr.un down 2.9% on Blackstone update. One of the biggest vol days of all time. Net buyer from block buyers. Probably small lot guys were mostly retail running for hill before "Tom fumbles it again." Most bagholders and hot money flushed here imho. Very excited for next steps.

[PR @pjreddy]

@tsxman There is no reason to delay filing for approval with the TSE unless you think you’re gonna get a deal. $HR.UN

[PR @pjreddy]

@TheCity0fChamps Do not re-sign Dickinson. So not worth that.

[PR @pjreddy]

@NonObviously $HR.UN.TO the stock looks even more attractive with the decline in the Canadian dollar recently and more than half their assets in the US.

[PR @pjreddy]

I think you are right on this take.

[Weekday Ski Pass @NonObviously]

I will carve out some time btwn watching World Cup games to re-listen to the $HR.UN Q1 call, from perspective that CEO Tom was already discussing w/ Blackstone.

I suspect it might show that HR Reit already in discussions with Blackstone. "Balls in the air, just wait n see"-vibe.

[PR @pjreddy]

@tsxman Blackstone takes Landtower and H&R cleans up industrial and the rest of the properties and maybe we get a $14 or $15 per share. Could explain why Tom has been so quiet on many fronts on the call, in addition to not starting the buyback.

[PR @pjreddy]

@FreddyLA7 Get after it!! What a wild ride.

[PR @pjreddy]

Livin’

[PR @pjreddy]

#geauxtigers

[PR @pjreddy]

Been there in the Bayou and loved it.

[Freddy🇩🇪 @FreddyLA7]

Lives were changed.

[Cole Smead @Cole_Smead]

Lots of REITs don’t make sense in public markets. They lack scale and aren’t efficient as they should be. They also got involved in too many different asset types. Cap rates are lower in private markets too. HR-U is a good example of that.

They have now disposed assets to focus their capital base. Like other recent buyouts with mutli-family housing, private markets value them more highly than public markets.

[PR @pjreddy]

@UmbrielCap We’ll see.

[PR @pjreddy]

Very interested to see what the price is and what that meant a year ago when the sales process was happening. $HR.UN.TO

[PR @pjreddy]

@NuggetCapital Let’s see $14! $HR.un

[Chris in Canada 🍁 @tsxman]

Great to see US shelter inflation rising into the end of a supply wave with a collapse in new construction. Hopefully the start of a nice reversal for the 🇺🇸multifamily space.

$HR.UN $GO.U $MAA $AVB $NXRT $MRG.UN

[PR @pjreddy]

@utddahnny @FreddyLA7 Amazing