OTC Markets Group welcomes Dream Residential Real Estate
NEW YORK, Oct. 18, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), regulated market operator for 12,000 U.S. and international securities, today announced Dream Residential Real Estate Investment Trust (TSX: DRR.U; OTCQX: DRREF), a newly created, unincorporated, open-ended real estate investment trust with an investment portfolio comprising 16 garden-style properties located in three attractive markets in the Sunbelt and Midwest in the United States, qualified to trade on the best OTCQX® marketplace. Dream Residential Real Estate Investment Trust moved to OTCQX from the Pink® market.
Dream Residential Real Estate Investment Trust begins trading today on OTCQX under the symbol “DRREF”. US investors can find the company’s current financial information and real-time Level 2 quotes at www.otcmarkets.com.
Upgrading to the OTCQX marketplace is an important step for companies looking to provide transparent trading to their US investors. For companies listed on a qualified international exchange, simplified market standards allow them to use their domestic market reports to make their information available in the United States. securities laws.
“We are excited to begin trading on the OTCQX market,” said Jane Gavan, Managing Director of Dream Residential REIT. “We believe joining OTCQX will provide greater exposure and access for US-based investors.”
B. Riley Securities, Inc. acted as the company’s OTCQX sponsor.
About Dream Residential Real Estate Investment Trust
Dream Residential REIT is a newly formed, unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario. The REIT has an initial portfolio of 16 garden-style multi-residential properties, comprised of 3,432 units primarily located in three markets in the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for the trading of 12,000 US and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Cheapest, OTCQB® Venture Market and pink® Market open.
Our OTC link® Alternative Trading Systems (ATS) provide essential market infrastructure that brokers rely on to facilitate trading. Our innovative model provides companies with more efficient access to US capital markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, Member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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OTC Markets Group Inc., +1 (212) 896-4428, [email protected]