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Bullboard - Stock Discussion Forum 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... see more

TSX:MEQ - Post Discussion

Mainstreet Equity Corp > Jordan Zinberg - BNN - Top Pick
View:
Post by Possibleidiot01 on Mar 01, 2022 3:18pm

Jordan Zinberg - BNN - Top Pick

Jordan Zinberg's Top Picks: March 1, 2022


Mainstreet Equity Corp (MEQ TSX)
Mainstreet is a real estate company which specializes in acquiring and managing mid-market rental apartment buildings in Western Canada. Mainstreet focuses on acquiring smaller buildings at attractive prices, in a segment of the market in which there is little competition from REITs and large institutional investors. Founder and CEO Bob Dhillon is highly aligned with shareholders and has assembled a 15,000-unit portfolio over the past 25 years with minimal equity dilution.

Comment by Possibleidiot01 on Jul 11, 2022 9:36pm
Today revisied his pick. PAST TOP PICK Mainstreet Equity Corp(MEQ-T) 10/07/2022 at 08:00pm   (A Top Pick Mar 01/22, Down 6%) It is not a REIT but a real estate corporation which re-invests in growth. It is mostly in Western Canada in a segment overlooked by institutional investors. It has made some very good acquisitions. It has compounded at 20% a year over ...more  
Comment by Possibleidiot01 on Feb 03, 2023 3:31pm
Revisited again PAST TOP PICK Mainstreet Equity Corp(MEQ-T) 03/02/2023 Specializes in acquiring and managing small apartment buildings in Western Canada. Not a REIT, rather a corporation that retains capital. 16,000 doors currently with minimal equity dilution. 18% compound rate of return. Sub 2% debt levels that were guaranteed at low interest rate levels ...more