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 EstevanOutsideron Nov 19, 2024 2:29am

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

weird because the ski sale was announced months ago and only the special dividend announcement was new. 4% yield on a special is a huge return imho. seems too good to be true but narrative so bad in real estate right now perhaps why such opportunities exist. dream unlimited cashflows lumpy depending on timing of sale. bought quite a bit of it yesterday.

i do also think DRM is going to be a huge winner should MPCT recovery in the coming months/year, especially if the distributions come back as DRM is now collecting a ton of units in lieu of cash payment. of course, MPCT doing well will also improve the DRM image overall.

like mpct, drm is super illiquid. i can move the stock buy buying less then 100 shares at a time...

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