Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Alternate Symbol(s): T.MPCT.DB.A

Real Estate Real Estate - General

Dream Impact Trust is a Canada-based open-ended trust dedicated to impact investing. The Company operates through two segments: Development and investment holdings, and recurring income. The Development and investment holdings segment comprised direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables. The Recurring income segment comprised a portfolio of commercial real estate income properties and multi-family rental assets in the Greater Toronto Area (GTA) and Ottawa/Gatineau, a utility asset, and interest-paying corporate loans. The Company is managed by Dream Asset Management Corporation (DAM).

TSX:MPCT.DB - Post by User

Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > Timeline for MPCT and Distribution Reinstatement

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Comment by InvestSmarteron Aug 02, 2024 1:19pm

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Post# 36161330

RE:Timeline for MPCT and Distribution Reinstatement

The below development timeline was based on the 10Y Canadian Bond falling at a much slower rate.

With 10Y at 3% today, we possible could bump up developments to this year. 1 year ahead of schedule. This puts our developments in thenpopeline waiting for lower rates in immediate profitability. Example, 49 Ontario.

This is a huge change of events for MPCT and very positive for outlook.

InvestSmarter wrote: Here is my best estimate on MPCT's timelines:

Ivy Condos Sold/Occupied - Q2 2024 (now)

Block 207 6th Booth Street Build Complete - Q2 2024 (now)

Maple House Fully Leased - Q4 2024

Brightwater Townhouses Occupied/Sold - Q4 2024

Birch House Build Complete - Q4 2024

Common at Zibi Fully Leased - Q1 2025

Aalto II at Zibi Fully Leased - Q1 2025

Brightwater The Mason Condos Sold - Q1/Q2 2025

49 Ontario 75% Sold - Q3 2025

Birch House Fully Leased - Q4 2025-Q1 2026

Distributions Reinstated - Q4 2025 (Note, they said 64 cents per unit was sustainable. This 64 cents was AFTER they cut). For now, these distribution savings are retained in the company and no dilution.