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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  T.MPC.C | MDPCF

Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company’s investment portfolio comprises around 54 properties with approximately 1.9 million rentable square feet (sq. ft) of industrial and commercial space and a 50% interest in two- multi-family rental properties with a total of 94 units. It offers a range of property management services for its portfolio of investment properties, which include tenant services and relationships, building operations, lease administration, property accounting and reporting and project management services. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,400 acres of development lands in Mission, British Columbia.


TSX:MPC - Post by User

Post by undervalueon Aug 06, 2022 10:45am
145 Views
Post# 34876254

Another huge insider buy.

Another huge insider buy.Madison Ventures purchased another $8.5 million worth of shares at $6.50.
In May Mr Grippo purchased another million shares at 6.5.
15 million spent by the people most familiar with the portfolio valuation. 
I am sure there is some way to spin this negative, but this is a huge insider purchase. 
Rising rates do no seem to worry their thesis.
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