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27 CAD
0.51
1.93%
Last update Apr 1, 1:39 PM EDT
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Day range
27
27
Previous close
26.49000
Open
27
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Flagship Communities Real Estate Investment T...
27.00
0.51
1.93%

Overview

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Description

Flagship Communities Real Estate Investment Trust is a real estate investment trust specializing in the acquisition, leasing, and management of manufactured housing communities. Its primary function is to provide stable, reliable cash flow through rental income from its residential property portfolio. These communities mainly cater to low-to-moderate income residents, providing affordable housing solutions, which distinguishes this REIT in the residential real estate sector. By investing in manufactured housing properties across the U.S., particularly in states like Kentucky, Ohio, and Indiana, Flagship Communities seeks to capitalize on the persistent demand for affordable housing options. The trust plays a crucial role in the real estate market by offering investors exposure to the manufactured housing segment, which typically exhibits lower turnover rates and stable occupancy levels compared to other residential real estate types. This market stability makes it an essential asset for those looking to diversify their real estate investment portfolios with a focus on reliable income generation and growth potential.

About

CEO
Mr. Kurtis Keeney
Employees
230
Address
2220 Grandview Drive
Suite 280
Fort Mitchell, 41017, KY
United States
Phone
859 568 3390
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Residential
Country
Canada
MIC code
NEOE
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Market closed

Pre-market opens in 2 days 1 hour 22 minutes
Main market opens in 2 days 2 hours 52 minutes

06:37
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).