Apartment rentals
This part of the trust owns and operates rental apartments, townhomes, and other residential units. It handles leasing, maintenance, and day-to-day property management for the homes it owns.
Customers and revenue model
Canadian Apartment Properties Real Estate Investment Trust
OTC:CDPYF
Canadian Apartment Properties Real Estate Investment Trust
OTC:CDPYF
Price:
22.79
USD
0.84%
Market Closed
Market Cap:
$3.8B
Add Note
Add Target
Capture your thoughts and set a target
Decide at what price you'd be comfortable buying and we'll help you stay ready.
Based on
Margin of Safety
0%
10%
20%
30%
40%
50%
Your Price Target
Linked to
current price
· In Buy Zone
Loading
Note attached
Choose the stock you wish to monitor with a price target
Recently Viewed
|
C
|
Canadian Apartment Properties Real Estate Investment Trust
OTC:CDPYF
|
CA |
|
AUB Group Ltd
OTC:AUBBF
|
AU |
|
C
|
Cenovus Energy Incorporation
F:CXD
|
CA |
|
V
|
Volkswagen AG
OTC:VWAGY
|
DE |
|
Admiral Group PLC
LSE:ADM
|
UK |
Company Overview
Business Description
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- Canada CA
- Employees
- 1 097
- IPO date
- May 21, 1997
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a landlord-focused real estate trust that owns and manages rental housing. Its portfolio is made up mainly of apartment buildings, townhomes, and manufactured home communities in Canada, with some properties in Europe. The company’s job is to collect rent, maintain the properties, and keep occupancy high so the homes stay attractive to renters.
CAPREIT makes money in a simple way: tenants pay monthly rent, and that rent is the main source of cash flow. It also earns from services tied to housing operations, while spending money on property upkeep, leasing, utilities, taxes, and financing. Because it owns the buildings rather than just managing them for others, its business is tied to the day-to-day economics of residential real estate.
What makes CAPREIT different is that it is a large owner of rental housing rather than a developer or a homebuilder. It sits in the middle of the rental housing market, providing places to live for individuals, couples, families, and seniors who want long-term rental homes. For investors, it is a straightforward property-income business built around collecting rent from a broad base of tenants.
Continue CDPYF Research
Other Canadian Apartment Properties Real Estate Investment Trust listings: