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

Alternate Symbol(s):  T.MPCT.DB.A

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 > vegas property
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Comment by InvestSmarteron Sep 27, 2024 7:55pm
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Post# 36244931

RE:vegas property

RE:vegas propertyLast quarter they recovered a few million dollars back. That might be it or they might get some more. 

buysell888 wrote: a couple of years ago they wrote off a Vegas property for I beleive $50MM.
Given the robust Vegas economy I wonder if anything material (a sale) will ever be recovered?
Anything would be welcome to the financials....


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