Mainstreet Equity Corp T.MEQ

Alternate Symbol(s): MEQYF

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 Apr 08, 2024 9:24pm

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Post# 35978042

Jordan Zinberg - BNN - PAST TOP PICK

PAST TOP PICK

(A Top Pick Jul 04/23, Up 33%)

It is under-followed since it hasn't raised money in over 20 years. It buys and manages small and mid-size apartment buildings in Western Canada. Its number of apartments has grown substantially and continues to grow. It has a record high number of units rented as well as record high rents. The CEO is excellent and owns half the business.

property mngmnt / investment

N/A