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

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Comment by InvestSmarteron Nov 18, 2024 12:10pm

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

It looks like they do it this way so they capitalize just the interest payments, not principal.

No cash out of pocket during the construction and stabilize period.

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CANCDN wrote:
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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