Northview Residential REIT · TSX:NRR.UN
Northview Residential REIT — Northview Canadian High Yield Residential Fund — Shareholder Meeting (May 2021)
11 slides from Northview Residential REIT's shareholder meeting presentation, May 10, 2021
Slide 1: Annual Meeting of Unitholders
Annual Meeting of Unitholders May 10, 2021
Slide 2: Advisory
Advisory CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This presentation of Northview Canadian High Yield Residential Fund (“Northview” or the “Fund”) may contain forward-looking information. All information included in this presentation other than statements of historical fact, is forw
Slide 3: Northview Canadian High Yield Residential Fund
Northview Canadian High Yield Residential Fund $1.9 BILLION IN ASSETS • Multi-residential suites, execusuites, and commercial properties previously held by Northview Apartment REIT (“REIT”) • Formed in 2020 following the acquisition of the REIT by Starlight Investments (“Starlight”) and KingSett Cap
Slide 4: Diverse Portfolio Provides Defensive Positioning
Diverse Portfolio Provides Defensive Positioning NUNAVUT NOI %* 1,176 suites 11,121 NORTHWEST TERRITORIES 42 execusuites 1,310 suites 226,662 sq. ft. Multi-Residential 158 execusuites 529,998 sq. ft. Suites Atlantic Canada Northern 3,374 Multi-Residential Suites BRITISH COLUMBIA 1,379 suites Canada
Slide 5: Key Strategies
Key Strategies Internal Property • Strong internal property management with local market knowledge while benefiting from Starlight’s asset Management & management platform, which provides the services of CEO and CFO External Asset • Centrally-located accounting and operations functions administered
Slide 6: Key Financial Metrics
Key Financial Metrics 80.5% 10.5% $527 million Target Target Distribution Market FFO Payout Ratio(1) Yield on IPO Capitalization(3) Proceeds(2) 112 Murphy, Moncton Parkview Manor, Inuvik Sheraton Apartments, Fort McMurray (1) Non-GAAP financial measure, see discussion in the advisory (2) Annual pre-
Slide 7: Q1 2021 Financial Summary
Q1 2021 Financial Summary 77.1% $1.31 FFO Estimated Annualized Payout Ratio(1)(2) Distributions per Unit $0.42 66.9% FFO Debt to Per Unit(1) Gross Book Value(1) Sandalwood Apartments, Brooks Park Place, Gander Parkland Village, Lloydminster (1) Non-GAAP financial measure, see discussion in the advis
Slide 8: Successful Execution of Asset Repositioning
Successful Execution of Asset Repositioning HOMEPORT St. John’s, NL 145-suite multi-residential repositioned from execusuites As at May 2021, property is 46% leased 8
Slide 9: Successful Execution of Asset Repositioning
Successful Execution of Asset Repositioning HILLVIEW ESTATES Yellowknife, NT 60-suite multi-residential complex renovation As at May 2021, property is 98% leased 9
Slide 10: Executive Leadership Team
Executive Leadership Team Karl Bomhof Todd Cook Sarah Walker VP, Legal & Chief Executive Chief Financial Corporate Officer Officer Secretary • Former President and CEO of Northview • Former Vice President, Controller and • Former Vice President, Legal and Apartment REIT Supply Chain of WestJet Airli
Slide 11: NorthviewFund.com
NA. Northview Canadian High Yield Residential Fund NorthviewFund.com
Northview Canadian High Yield Residential Fund — Shareholder Meeting (May 2021) on 6ix