NexLiving Communities (NXLV) Corporate presentation summary

Portfolio and valuation

• 2,166 suites, including 108 under construction and scheduled for completion in 2026–27; occupancy was 98% as of June 30, 2026.

• Average suite age was 7.6 years; FFO per share grew at a 20.7% CAGR from 2022 to Q2 2026.

• As of Sep. 8, 2026, share price was $2.30, representing a 49% discount to NAV and a 5.54% implied cap rate; dividend yield was 1.7%.

• 2026E FFO payout ratio was 16%; insider ownership was 54%.

Secondary market positioning

• Secondary markets featured lower home prices ($395k vs. $1.0m) and apartment rents ($1,200–$1,800 vs. $2,200–$3,500) than Vancouver and Toronto, alongside larger apartments (850–1,200 vs. 550–750 sq. ft.).

• The presentation cites ~2.0% 10-year population CAGR in its markets versus ~1.5% for Vancouver and Toronto; rent growth was ~5% in both comparisons.

• The portfolio spans the National Capital Region, Greater Moncton, Saint John, Cornwall and other markets across Ontario, Quebec, New Brunswick and Manitoba.

Growth and value creation

• Suite count increased from 31 in 2018 to 2,166 currently, with continued portfolio growth shown through 2025 and construction activity.

• FFO per share growth was listed at 63% in 2022, 40% in 2023, 3% in 2024, 29% in 2025 and 25% in Q2 2026; current dividend yield was 1.7%.

• A young portfolio is positioned to limit capex per unit and support organic NOI growth through cost control and less capex-intensive tenant turnover.

• Internally generated cash flow is retained as a source of equity capital for potential acquisitions.