Added to YB: 2026-09-23
Pitch date: 2026-07-08
NXLV.V [bullish]
NexLiving Communities Inc.
+7.31%
current return
Author Info
No bio for this author
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 74.0M
Pitch Price
CAD 2.17
Price Target
4.04 (+73%)
Dividend
1.75%
EV/EBITDA
N/A
P/E
10.95
EV/Sales
10.94
Sector
Real Estate Management and Development
Category
value
NexLiving Communities Inc. - $NXLV.V
NXLV.V: NexLiving owns a 97%-occupied, 2,058-unit apartment portfolio in growing secondary Canadian markets but trades at a 25-55% discount to conservative fair value and a 5.85% implied cap rate. A base case of 4% NOI growth, 2% annual debt paydown and a 5.41% exit cap rate supports a $4.04 year-end 2029 target and ~23% IRR; key risks are dilutive growth and elevated G&A.
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