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Mainstreet Equity Corp MEQYF


Primary Symbol: T.MEQ

Mainstreet Equity Corp. is a Canada-based real estate company. The Company is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings in Western Canada. It owns and manages properties in six Canadian markets: British Columbia (including Vancouver Lower Mainland, Vancouver Island, Okanagan and Northern BC), Calgary (including the City of Airdrie, the City of Lethbridge, and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan), Saskatoon, Regina and Winnipeg. Its apartments are situated in various location such as Airdrie, Calgary, Cochrane, Edmonton, Abbotsford, Chilliwack, Courtenay, Kamloops, New Westminster, Penticton, Prince George, Surrey, Vernon, Winnipeg, Regina and Saskatoon. The Company provides incentives and rentals for Foreign Students attending school in Canada. It also provides student housing facilities, including MacEwan University, University of Alberta, NAIT and NorQuest College.


TSX:MEQ - Post by User

Mainstreet Equity Corp
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Post by Possibleidiot01on Jul 04, 2023 4:37pm
228 Views
Post# 35526320

Jordan Zinberg- BNN - Top Pick

Jordan Zinberg- BNN - Top Pick
TOP PICK

Mainstreet Equity Corp(MEQ-T)

04/07/2023
Mainstreet Equity Corp
 

Very well run with a long track record. Is one of the best compounding stocks in Canada that nobody knows. It returns 20% annually for the last 20 years. They played Covid perfectly by buying companies and locking in their debt at 2% over 10 years. Are well positioned given Canada's housing shortages with low vacancies and more immigrants coming.

(Analysts’ price target is $163.33)
property mngmnt / investment
 
N/A
Owned

Mainstreet Equity (MEQ TSX)

 For over twenty years Mainstreet has been buying distressed multi-family assets in Western Canada, adding value through capital improvements, and generating substantial growth in its portfolio. Mainstreet has an exceptional long-term track record, high inside ownership and is extremely well positioned given the current dynamics of the Canadian housing market. 

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Dealroom for high-potential pre-IPO opportunities