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.
Frequently asked questions
What sector does Sun Residential Real Estate Investment Trust (SRES) operate in?
Sun Residential Real Estate Investment Trust belongs to the Real Estate sector and operates in the REIT - Residential industry.
What is Sun Residential Real Estate Investment Trust (SRES) current stock price?
As of the latest data, Sun Residential Real Estate Investment Trust stock price is CA$0.01, with a previous close of CA$0.01.
What is Sun Residential Real Estate Investment Trust (SRES) current market capitalization?
Sun Residential Real Estate Investment Trust market cap is approximately 1.02 million.
Does Sun Residential Real Estate Investment Trust (SRES) pay dividends?
No. Sun Residential Real Estate Investment Trust does not pay a dividend.
What is Sun Residential Real Estate Investment Trust (SRES) beta (volatility) score?
Sun Residential Real Estate Investment Trust has a beta of 0.415, indicating lower volatility than the overall market.
