| Residential REITs Industry | Real Estate Sector | Sandy Ivan Poklar CEO | NEO-L Exchange | CA31833L1013 ISIN |
| CA Country | - Employees | 15 Jul 2022 Last Dividend | 3 Feb 2017 Last Split | - IPO Date |
Firm Capital Apartment Real Estate Investment Trust, referred to as the Trust, is a venture fundamentally focusing on the U.S. market within the real estate sector. Specializing in multi-residential income-producing properties and related debt investments, it operates on a model that comprises both wholly owned assets and joint ventures. The Trust actively manages a diverse portfolio, with ownership interests totaling 1,499 apartment units. These properties are strategically located across several key states, including Florida, Connecticut, Texas, New York, New Jersey, Georgia, and Maryland, reflecting a broad geographical distribution aimed at mitigating location-specific risks. Trading on the TSXV exchange under the symbols FCA.U and FCA.UN, the Trust establishes transparency and accessibility to investors seeking exposure in the U.S. real estate market. With its registered and head office operations based in Toronto, Ontario, the Trust is domiciled in Canada, underscoring its international footprint in real estate investment.
This encompasses the Trust's core activity of investing in multiple residential properties that are designed to generate income. These investments are spread across various states in the U.S., including Florida, Connecticut, Texas, New York, New Jersey, Georgia, and Maryland. By diversifying its portfolio geographically, the Trust aims to minimize risks associated with local economic downturns and capitalize on different market dynamics.
Alongside direct real estate investments, the Trust actively engages in debt investments related to the real estate sector. This includes financing projects or purchasing existing debt instruments that are secured by real estate assets, providing an additional layer of income generation and investment diversification. These debt investments are carefully selected to align with the Trust's overall risk and return objectives.
The Trust's investment strategy is not limited to direct ownership but also involves joint ventures with other entities. This approach allows for broader access to investment opportunities, spreading the associated risks and leveraging the expertise of partners. Whether through wholly owned properties or in collaboration with joint venture partners, the Trust seeks to maximize income and capital appreciation for its stakeholders.