FCAFF OTC

Firm Capital Apartment Real Estate Investment Trust (FCAFF) operates as an investment entity primarily engaged in multi-residential real estate ventures within the United States. The trust's portfolio encompasses an interest in approximately 1,846 apartment units, which are geographically distributed across Florida, Connecticut, Texas, New York, New Jersey, Georgia, and Maryland. Beyond direct ownership, it also offers preferred capital financing, collateralized by multi-family residential properties. This entity holds the designation of a Real Estate Investment Trust (REIT) for federal income tax considerations in the U.S. As such, it is generally exempt from federal corporate income taxes, provided it disperses a minimum of 90% of its taxable revenue to its stockholders. In September 2020, the company rebranded from its former name, Firm Capital American Realty Partners Trust, to its current identity. Its global headquarters are located in Toronto, Canada.