Added to YB: 2026-08-18
Pitch date: 2026-08-15
NXLV.V [bullish]
NexLiving Communities Inc.
-1.71%
current return
Author Info
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Company Info
NexLiving Communities Inc. owns and manages multi-unit residential real estate properties with a focus on low-and mid-rise properties in bedroom communities in Canada.
Market Cap
CAD 71.4M
Pitch Price
CAD 2.34
Price Target
4.70 (+104%)
Dividend
1.71%
EV/EBITDA
N/A
P/E
10.56
EV/Sales
10.88
Sector
Real Estate Management and Development
Category
value
NexLiving Communities Inc. (NXLV) – Real estate done differently
NXLV.V (new position): Multi-family 'active seniors' housing Corp (not REIT) doing real estate differently. CEO Stathonikos grew FFO/share since 2021 via ops + Devcore acquisition. Cheap CMHC debt (3.14% avg), 98% occupancy, trades at large NAV discount; fair value ~2x current price. High FCF reinvested vs dividends. $12.6M cash for accretive deals, buybacks at ~$2. Tier 2.
Read full article (8 min)