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Sun Residential Real Estate Investment Trust
Sun Residential Real Estate Investment Trust is an unincorporated open-ended real estate investment trust governed by the laws of the Province of Ontario and established pursuant to a declaration of trust dated January 22, 2019, as amended and restated on March 22, 2019 and November 4, 2020. The business of Sun is to acquire and operate multi-family residential properties located in the Sunbelt region of the United States. Our business operations commenced on January 28, 2020, when we completed a financing and concurrently acquired a 51% interest in Evergreen at Southwood, a “Class A” multi-family residential property located in Tallahassee, Florida comprising 12 buildings with 288 rental units. In June 2023, we acquired our second property, 4815 Tudor Drive, an 8-unit multi-family property located in Cape Coral, Florida.
Market Cap
CAD 1.5M
Volume
229.3K
Cash and Equivalents
CAD 2.7M
EBITDA
N/A
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
CAD 3.1M
Profit Margin
52.80%
52 Week High
CAD 0.08
52 Week Low
CAD 0.01
Dividend
38.00%
Price / Book Value
0.09
Price / Earnings
-65.75
Price / Tangible Book Value
0.09
Enterprise Value
CAD 44.0M
Enterprise Value / EBITDA
N/A
Operating Income
CAD 2.8M
Return on Equity
2.61%
Return on Assets
2.69
Cash and Short Term Investments
CAD 2.7M
Debt
CAD 31.4M
Equity
CAD 30.8M
Revenue
CAD 5.9M
Unlevered FCF
CAD 1.7M
Sector
Residential REITs
Category
N/A