Thesis
Maxus Realty Trust (MRTI) is a multifamily REIT that primarily invests in apartments in the southeast and Midwest. The company is a small-cap REIT, as it owns just 34 properties and has a market cap of around $150 million. Maxus appears to be very undervalued at current price levels. Such is supported by the company’s current discount to net asset value, as well as its earnings valuation compared to its peers.
Strong Industry and Market Investment
COVID-19 and its effects have had an enormous impact on much of the real estate industry. Stock prices