RE:Maple House 80% leased! New Article.Just looked at MPCTs Financials.
Just Maple House = 113.5M Assets, 94M Liabilities = 19.5M Net Assets in Just this one development. This one development will have fair value increases as well as the lease ups continue.
Birch House has 9.9M in Net Assets, and as they complete and start leasing, this will go up quickly.
These are just 2 Assets of the 420M in net assets after debt.
InvestSmarter wrote: Article says will be fully occupied in the next few months. These units will get fair value increases as they get leased up.
https://renx.ca/maple-house-leads-the-way-at-torontos-canary-landing