US Masters Residential Property Group Reports April Sales and Capital Management Update

An update from US Masters Residential Property Fund ( (AU:URF) ) is now available.

The US Masters Residential Property Group reported an estimated unaudited net asset value of $0.582 per unit as of April 30, 2025. In April, the company successfully closed the sale of 10 assets totaling $18 million and maintains a robust sales pipeline with $191.58 million in various stages of transaction. The Group has also executed a buyback program, purchasing 106.33 million securities since July 2022, and announced a distribution of 1 cent per stapled security. These actions are part of the Group’s ongoing capital management strategy, which includes maintaining a cash balance of $64.50 million after various allocations.

More about US Masters Residential Property Fund

US Masters Residential Property Group is a listed entity focused on residential property investments in the United States. It operates through the US Masters Residential Property Fund and its subsidiary, targeting premium and workforce housing markets primarily in New York and New Jersey.

Average Trading Volume: 648,042

Technical Sentiment Signal: Buy

Current Market Cap: A$262.5M

For an in-depth examination of URF stock, go to TipRanks’ Stock Analysis page.