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DRR / Dream Residential: Don't Dream It Is Over, Reiterate Buy

Dream Residential: Don't Dream It Is Over, Reiterate Buy
Dream Residential REIT is one of the most undervalued residential REITs with a strong outlook and conservative financing. DRR.U:CA trades at 11x its annualized Q1 2023 FFO, which is fairly cheap compared to its peers and is trading at a 43% discount to NAV. The company has a stock repurchasing plan in place that should narrow the gap between NAV and market price. Read More
Posted: Jun 4 2023, 23:41
Author Name: Seeking Alpha
Views: 102882

DRR News  

Dream Residential: One Of The Most Undervalued REITs In The Space

By Seeking Alpha
August 23, 2023

Dream Residential: One Of The Most Undervalued REITs In The Space

The market is now valuing the REIT at a ~10% cap rate while its assets have cap rates of 5.5%. Leasing spreads have been better than its Canadian resi more_horizontal

Dream Residential: Don't Dream It Is Over, Reiterate Buy

By Seeking Alpha
June 4, 2023

Dream Residential: Don't Dream It Is Over, Reiterate Buy

Dream Residential REIT is one of the most undervalued residential REITs with a strong outlook and conservative financing. DRR.U:CA trades at 11x its a more_horizontal

Dream Residential: Outperforming The Entire U.S. Residential REIT Sector

By Seeking Alpha
March 22, 2023

Dream Residential: Outperforming The Entire U.S. Residential REIT Sector

This residential REIT began its operations in 2022. It has taken the market time to warm up to it, but we saw the potential. more_horizontal

Dream Residential: 40% Discount To NAV And 5% Yield

By Seeking Alpha
January 20, 2023

Dream Residential: 40% Discount To NAV And 5% Yield

DRR is an open-ended real estate investment trust that IPO'd in May 2022. The REIT trades at a 40% discount to NAV and has a mouthwatering ~5% yield, more_horizontal


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