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 > 49 Ontario Assembly Sold?

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Post by InvestSmarteron Aug 15, 2024 5:56pm

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Post# 36181548

49 Ontario Assembly Sold?

MPCT bought 49 Ontario, then later bought the land next to it, to make an "assembly". Then got appropriate zoning.

This "assembly" was listed by Lennard, and recently changed to "SOLD" on the Lennard site.

Did the assembly actually sell and Lennard was working on behalf of MPCT?

Maybe the 10x above average volume today was about this and someone knows.

75% of 49 Ontario will sell for 2x today's trading market cap. That's just 1 building assembly we own.

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