|InterRent Real Estate Investment Trust -- USA Stock|| |
USD 7.39 0.003 0.0406%
Mr. Victor Stone was reappointed as an Independent Trustee of InterRent Real Estate Investment Trust. He was a Senior Manager and Team Leader, Real Estate Lending at a Canadian chartered bank since September 2003. Prior to joining the bank, Mr. Stone was Assistant VicePresident Commercial Lending of DUCA Financial Services from February 2002 to September 2003. From 1980 to 2002, he was involved in multiresidential and commercial real estate financing across Canada with a number of major financial institutions, including ING Investment Management, GE Capital Real Estate, Montreal Trust and Morguard Investments Limited and was a director of InterRent International Properties Inc. Mr. Stone is a graduate of the University of Western Ontario.
Executive Since 2009
(613) 569-5699 http://www.interrentreit.com
The company has return on total asset (ROA)
of 2.26 %
which means that it generated profit of $2.26 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE)
of 27.36 %
meaning that it generated $27.36 on every $100 dollars invested by stockholders.
The company has accumulated 621.87 M in total debt with debt to equity ratio (D/E) of 101.3 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. InterRent Real Estate Investment Trust has Current Ratio of 0.1 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRents strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions. InterRent Real is traded on OTC Market in USA.InterRent Real Estate Investment Trust (IIPZF) is traded on OTC Market in USA. It is located in 485 Bank Street and employs 154 people.