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Firm Capital Property Trust (V:FCD.UN)

Business Focus: N/A

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEDAR
Company Contact
Address: 163 Cartwright Avenue
TORONTO ON M6A 1V5
Tel: N/A
Website: firmcapital.com
IR: See website
Key People
Robert McKee
President, Chief Executive Officer, Trustee
Eli Dadouch
Vice Chairman, Co-Chief Investment Officer, Trustee
Sandy I. Poklar
Chief Financial Officer, Trustee
Jonathan Mair
Co-Chief Investment Officer, Trustee
Joseph Fried
Secretary
 
Business Overview
Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. The Trust focuses on creating value for unit holders through capital preservation and investing to achieve distributable income. The Trust's property portfolio in the real estate asset classes include multi residential, industrial and flex industrial, net lease convenience and standalone retail, and core service provider/healthcare professional office. Its products and services include Mortgage Banking, such as mortgage services, lending programs and mortgage brokers; Real Estate Investments; Special Situation Investments, and Alternative Credit. Its property management services include residential apartment buildings, multi and single tenant industrial buildings, retail and commercial properties, and development projects. Its asset management services include real estate investment banking, equity investments, leasing, strategic and advisory services, and receiver managers.
Financial Overview
For the six months ended 30 June 2021, Firm CapitalProperty Trust revenues increased 2% to C$22.6M. Net incomeapplicable to common stockholders totaled C$42M vs. loss ofC$1.5M. Revenues reflect an increase in demand for theCompany's products and services due to favorable marketconditions. Net Income reflects Net Operating Income (NOI)- Total increase of 3% to C$14.3M.
Employees: 1 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $493.05M as of Jun 30, 2021
Annual revenue (TTM): $44.92M as of Jun 30, 2021
EBITDA (TTM): $21.64M as of Jun 30, 2021
Net annual income (TTM): $59.35M as of Jun 30, 2021
Free cash flow (TTM): $10.89M as of Jun 30, 2021
Net Debt Last Fiscal Year: $238.32M as of Jun 30, 2021
Shares outstanding: 34,011,117 as of Sep 3, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization