FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST

Flagship Communities Real Estate Investment Trust

MHC.UN

CA33843T1084

Residential REITs

Market Closed - Toronto S.E. Other stock markets 03:38:49 2024-04-26 pm EDT			5-day change	1st Jan Change
20.89 ^CAD	+1.80%		+0.43%	-0.14%

Apr. 24	Flagship Communities REIT Brief: Says Completed Prior Announced Offering of 3.91 Million Trust Units On a Bought Deal Basis at a Price of US$15.35 Each For Total Gross Proceeds to the REIT of Near US$60 million	MT
Apr. 17	Flagship Communities Real Estate Investment Trust Expands Footprint into Nashville, Tennessee	CI

Flagship Communities Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 14, 2023 at 05:13 pm EST

Flagship Communities Real Estate Investment Trust reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 18.15 million compared to USD 15.04 million a year ago. Net income was USD 28.98 million compared to USD 14.91 million a year ago. Basic earnings per share from continuing operations was USD 1.87 compared to USD 1.05 a year ago. Diluted earnings per share from continuing operations was USD 1.37 compared to USD 0.76 a year ago.
For the nine months, sales was USD 52.29 million compared to USD 43.1 million a year ago. Net income was USD 66.59 million compared to USD 43.37 million a year ago.

Latest news about Flagship Communities Real Estate Investment Trust

Flagship Communities REIT Brief: Says Completed Prior Announced Offering of 3.91 Million Trust Units On a Bought Deal Basis at a Price of US$15.35 Each For Total Gross Proceeds to the REIT of Near US$60 million	Apr. 24	MT
Flagship Communities Real Estate Investment Trust Expands Footprint into Nashville, Tennessee	Apr. 17	CI
REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	Apr. 17	MT
Flagship Communities Real Estate Investment Trust (TSX:MHC.UN) entered into agreements to acquire Seven manufactured housing communities for $93 million.	Apr. 16	CI
Flagship Communities Real Estate Investment Trust Announces Cash Distribution for the Month of April 2024, Payable on or About May 15, 2024	Apr. 15	CI
RBC Capital Markets Says Outperform Ratings For Canadian REITs Still Intact	Mar. 20	MT
Transcript : Flagship Communities Real Estate Investment Trust, Q4 2023 Earnings Call, Mar 15, 2024	Mar. 15
Flagship Communities Seeks Acquisitions	Mar. 15	CI
Flagship Communities Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Flagship Communities Real Estate Investment Trust Announces February 2024 Cash Distribution, Payable on or About March 15, 2024	Feb. 15	CI
National Bank Raises Price Targets for Real Estate Firms, Provides Preview	Jan. 30	MT
Flagship Communities REIT Upgraded to Strong Buy at Raymond James	Jan. 30	MT
Flagship Communities Real Estate Investment Trust Announces Cash Distribution for the Month of January 2024, Payable on or About February 15, 2024	Jan. 15	CI
RBC Capital Markets Expects Stronger Returns For Canadian REITs in 2024	Dec. 22	MT
Flagship Communities REIT Announced December Distribution, Edged Up From November	Dec. 15	MT
Flagship Communities Real Estate Investment Trust Announces Monthly Cash Distribution, Payable on or About January 15, 2024	Dec. 15	CI
National Bank Key Takeaways From "Meet The REITs Conference", Toronto Real Estate Forum	Dec. 05	MT
Transcript : Flagship Communities Real Estate Investment Trust, Q3 2023 Earnings Call, Nov 15, 2023	Nov. 15
Flagship Communities REIT Brief: Board of Trustees Approved an approximately 5% increase to its monthly cash distribution to unitholders to US$0.049 per REIT unit or US$0.59 per REIT unit on an annualized basis	Nov. 15	MT
Flagship Communities Real Estate Investment Trust Announces Monthly Cash Distribution, Payable on or About December 15, 2023	Nov. 15	CI
Flagship Communities Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Flagship Communities REIT Brief: AFFO per unit (diluted) for three months ended September 30, 2023 was $0.260, an increase of 10.6% compared to $0.235 for three months ended September 30, 2022	Nov. 14	MT
Flagship Communities REIT Brief: Net income and comprehensive income for three months ended September 30, 2023 was $29.0 million compared to $14.9 million for three months ended September 30, 2022	Nov. 14	MT
Flagship Communities Real Estate Investment Trust Announces A Cash Distribution for the Month of October 2023, Payable on or About November 15, 2023	23-10-16	CI
Flagship Communities Real Estate Investment Trust (TSX:MHC.UN) completed the acquisition of The Lakeview, Ohio Resort Community.	23-10-15	CI

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Company Profile

Flagship Communities Real Estate Investment Trust (the REIT) is an internally managed open-ended real estate investment trust. The REIT is formed for the purpose of owning and operating a portfolio of manufactured housing communities (MHC) located in Kentucky, Indiana, Ohio, Tennessee, Illinois, Arkansas, and Missouri, including a fleet of manufactured homes for lease to residents of such housing communities. The REIT owns and operates approximately 67 total communities comprising a total of 11,876 lots. Its portfolio includes JACKSONVILLE Anderson Pointe, RIVERTON Hilltop Pointe, SPRINGFIELD Woodland Acres Pointe, EVANSVILLE Carolina Pointe, NEWBURGH Heritage Hills Pointe East, NEWBURGH Heritage Hills Pointe West, SCOTTSBURG Amberly Pointe, NEW SALISBURY Berkshire Pointe, SELLERSBURG Indian Oaks Pointe, SCOTTSBURG Rosewood Pointe, CORYDON Seven Oaks Pointe, COLUMBUS Tannehill Pointe, LOUISVILLE Ashley Pointe, LOUISVILLE Autumn Lake Pointe, and LOUISVILLE Johnsontown Pointe.

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Residential REITs

Calendar

2024-05-06 - Q1 2024 Earnings Release

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Sector Residential REITs

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