US Masters Residential to be Added to S&P/ASX All Ordinaries Index

A property acquired by US Masters Residential Property Fund on Erie St

US Masters Residential Property Fund (ASX: URF) announced it will be joining the S&P/ASX All Ordinaries Index, effective after close of trading on 15 March 2013.

US Masters Residential Property Fund, a property trust listed on the Australian Securities Exchange, is likely a neighbor of yours -- this fund owns a significant number of properties in the New York metropolitan area, including many in downtown Jersey City.

For more information, see this WSJ article ("Foreign Buyers Hop on Rental Trend") about the fund and other foreign investors buying property in Jersey City and surrounding areas.  You can also see the properties they have available for rent at www.dixonleasing.com.