NexLiving Communities Inc (TSE:NXLV) has released an update.
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NexLiving Communities Inc. reported record results for Q3 2024, driven by the acquisition of 991 suites from Devcore, which nearly doubled its portfolio size. This strategic move resulted in a 39% increase in funds from operations, reaching a milestone of $1.2 million for the quarter. The company also reduced leverage and is now better positioned for sustainable growth and long-term shareholder value.
For further insights into TSE:NXLV stock, check out TipRanks’ Stock Analysis page.