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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

Comment by CANCDNon Nov 18, 2024 11:29am
49 Views
Post# 36318038

RE:When will the market catch on? This is MPCT's strategy

RE:When will the market catch on? This is MPCT's strategy

Just a quick correction.... we don't pay interest on the loan.  The accrued interest is added onto the loan. Interest and Principle payments start 12 months after stabilization. 


TLDR no we don't pay interest only payments during construction. 

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