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).

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Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > MPCT May be Worthless

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Comment by eoim2on Oct 13, 2024 3:26pm

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Post# 36264714

RE:RE:RE:RE:RE:MPCT May be Worthless

This is why it may be worthless.

Total liability including debts in equity accounted investment is approximately $1.3 Billion.

Total Assets is around $1.6B. The problem is that realized sale price of these assets is a speculation. Remember Las Vegas Hotel asset that was a failure.

Liability is real while asset value is speculation. If they sell higher, then great but in most cases, due to the losses of many developers recently, these Assets may not worth high.

Plus the expenses and cash demands coming, plus condo glut in Toronto, this may be worthless!!

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