Firm Capital American Realty Partners Corp ( ($TSE:FCA.UN) ) has provided an update.
Firm Capital Apartment REIT reported its financial results for Q4 and the full year 2024, alongside a strategic review update. The Trust is actively disposing of its wholly owned assets, having sold four out of six properties for $71.6 million, which facilitated significant debt repayment. The company is also involved in joint venture asset dispositions, with ongoing efforts to optimize unitholder value through strategic sales and refinancing activities. The Trust’s NAV per unit stands at $6.57, reflecting its asset management and disposition strategies.
More about Firm Capital American Realty Partners Corp
Firm Capital Apartment Real Estate Investment Trust operates within the real estate investment sector, focusing on acquiring and managing apartment properties. The company is primarily involved in the ownership and management of residential real estate assets, with a market focus on maximizing unitholder value through strategic asset dispositions and reinvestments.
YTD Price Performance: -21.46%
Average Trading Volume: 3,920
Technical Sentiment Signal: Buy
Current Market Cap: C$30.34M
See more data about FCA.UN stock on TipRanks’ Stock Analysis page.