Business
Boardwalk Real Estate Investment Trust : May 2026 Investor Presentation (202654 Investor Presentation FINAL2)
Boardwalk Real Estate Investment Trust : May 2026 Investor Presentation (202654 Investor Presentation

About this update from Boardwalk Real Estate Investment Trust
[{"type":"text","content":"\n \n M A Y 2 0 2 6\n \n \n Investor Presentation\n \n $427.2M\n Net Operating Income\n (12 months ended\n Mar 31, 2026)\n 34,120\n \n \n Total Suites(1)(2)\n ~25%\n \n \n combined insider ownership(1)\n 96%\n \n \n of mortgages are CMHC insured(1)\n $8.9B\n \n \n Total Assets(1)\n \n Highrise\n \n \n 43%\n \n \n Townhome\n \n \n 14%\n \n \n Lowrise/Midrise\n \n \n 43%\n \n \n \n Victoria 0.7%\n \n \n Edmonton 34.5%\n \n \n Calgary\n \n \n 20.9%\n \n \n \n Other AB 5.7%\n \n \n \n Saskatoon\n \n \n 5.3%\n \n \n \n Regina 6.0%\n \n \n \n Kitchener Waterloo 1.8%\n \n \n London 6.6%\n \n \n \n Brampton 1.0%\n \n \n \n Quebec City 3.0%\n \n \n Montreal 14.5%\n 10%\n 45%\n 45%\n Other AB includes Grande Prairie, Fort McMurray, and Red Deer.\n Corporate Profile\n Boardwalk is a growth-oriented Canadian multi-family real estate owner and operator with a community focus\n \n \n \n Well-Positioned With Some of the Most Affordable Rents in Canada\n \n \n Average occupied rent(1) of $1,601 compared to Canadian market rent of $2,197(2)\n Affordable product is currently priced well below new supply\n \n \n Affordable apartments will always be in demand\n \n \n Strategic Moderation and Steady Performance\n \n \n Stable foundation of Resident focused reputation and above market occupancy\n \n \n Past strategic moderation allows for stability in ongoing rental adjustments\n \n \n Exceptional Product Quality From Past Repositioning\n \n \n Enhanced value offering with rebranded buildings and exceptional amenity spaces\n \n \n Boardwalk provides the best communities within the affordable housing continuum\n \n \n Proven Operating Platform Across All Market Conditions\n \n \n Boardwalk has consistently outperformed CMHC Occupancy\n \n \n Fully integrated structure allows for stable margin improvement\n \n \n Long-Term Strategy of Maintaining Occupancy\n \n \n Focus on further reduction in turnover to maintain stable revenue growth\n \n \n Non-regulated markets allow for greater operational flexibility\n \n \n Potential for Alberta to maintain population growth outperformance on a relative basis\n \n Community, Team, Performance\n \n \n Boardwalk, the first choice in multi-family apartment communities to work, invest and call home with our Boardwalk Family Forever.\n \n Occupied rent is a component of rental revenue and is calculated for occupied s...