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

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Post by InvestSmarteron Aug 11, 2024 10:46pm

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Post# 36173825

Announced Cash Incoming This Quarter Roughly 30M

Next quarter MPCT Has a huge cash injection coming. We are selling 2 office buildings for ~30M, and these have no debt against them.

Additionally, more IVY condos and Brightwater condos are expected to close which will repay debt and bring net profit. Additionally recurring income is accelerating through lease ups.

The 49 Ontario closing is likely to happen in Q4 or Q1 with announcement soon.

Balance sheet will be very clean with NOI growing extremely fast. Distributions reinstated late 2025.

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