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US Masters Residential Property Fund Reports $0.64 NAV Amid Active Sales and Capital Management

Story Highlights
  • US Masters Residential Property Group reported an unaudited NAV of $0.64 per unit as of January 2025.
  • The company closed sales worth $6.35 million in January and has a strong sales pipeline.
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US Masters Residential Property Fund Reports $0.64 NAV Amid Active Sales and Capital Management

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The latest update is out from US Masters Residential Property Fund ( (AU:URF) ).

US Masters Residential Property Group announced an estimated unaudited net asset value (NAV) of $0.64 per unit as of January 31, 2025, reflecting changes due to a new US tax structure but not accounting for potential property revaluation. In January, the company closed sales of seven properties for $6.35 million and reported a robust sales pipeline and inventory under contract or listed for sale. The fund is also actively managing its capital through a buyback program and has allocated cash reserves accordingly, ensuring liquidity and compliance with financial requirements.

More about US Masters Residential Property Fund

US Masters Residential Property Group is a listed entity focused on residential property investments. It operates primarily in the US market, with a specific emphasis on the New York and New Jersey areas. The company manages a portfolio of properties, with a strategy that includes buying, selling, and managing residential real estate assets.

YTD Price Performance: 11.11%

Average Trading Volume: 622,448

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$276.7M

See more insights into URF stock on TipRanks’ Stock Analysis page.

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