GO Residential REIT: Questionable Valuation And A CEO Facing Fraud Allegations
Two topics that should be of interest to investors studying GO Residential REIT (TSX:GO.U):
Entities controlled by GO CEO Josh Gotlib acquired its 5 properties for $2,050mm in 2022. The appraisal value disclosed in GO’s 2025 IPO prospectus was $2,739mm. Is this appreciation realistic?
GO CEO Josh Gotlib faces two lawsuits accusing him of fraud and breach of fiduciary duties.
This article does not make any recommendation regarding investment in GO Residential and the author has no position in any securities of GO Residential.