Real Estate News

Buyers of Trump-developed condominiums haven’t done so well, the new report says

Whether self-proclaimed real estate “mogul” Donald Trump is actually the tycoon he proclaimed to be is up for debate. But according to a new report, people who have purchased apartments in Trump-developed condominiums haven’t done so well, at least not in the last few years when prices have skyrocketed.

A look by Realtor.com at transactions in the properties that carry the former president’s brand found the numbers to be decidedly underwhelming. Prices for the apartments in his buildings “have either declined or appreciated at a slower pace than the local markets they’re in,” according to the official listing site of

Real Estate News

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Short Interest Down 26.9% in April

BTB Real Estate Investment Trust (OTCMKTS:BTBIF – Get Rating) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 20,400 shares, a drop of 26.9% from the April 15th total of 27,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 29.1 days.

Analyst Upgrades and Downgrades

Separately, National Bank Financial cut their target price on shares of BTB Real Estate Investment Trust from C$3.85 to C$3.65 in a research report on Wednesday, May 10th.

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Real Estate News

NexPoint Diversified Real Estate Trust Announces Quarterly Dividends

Published: Apr. 26, 2023 at 8:30 AM EDT|Updated: 21 hours ago

DALLAS, April 26, 2023 /PRNewswire/ — NexPoint Diversified Real Estate Trust (“NXDT”) (NYSE: NXDT) announced today that its board of trustees has declared a quarterly distribution of $0.15 per common share of NXDT. The dividends will be payable on June 30, 2023to shareholders of record on June 15, 2023.

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About NexPoint Diversified Real Estate Trust (NYSE:NXDT)

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management

Real Estate News

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Stock Price Up 1%

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF – Get Rating)’s share price rose 1% during trading on Monday . The company traded as high as $10.48 and last traded at $10.48. Approximately 360 shares changed hands during trading, a decline of 72% from the average daily volume of 1,265 shares. The stock had previously closed at $10.38.

Wall Street Analysts Forecast Growth

DREUF has been the topic of several research reports. BMO Capital Markets began coverage on shares of Dream Industrial Real Estate Investment Trust in a report on Tuesday, February 28th. They issued an “outperform” rating on the stock.