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

Alternate Symbol(s): T.MPCT.DB.A

Real Estate Real Estate - General

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 > Minor Updates & Important Dates Coming

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Comment by InvestSmarteron Dec 11, 2024 2:03pm

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Post# 36357121

RE:RE:Minor Updates & Important Dates Coming

December 17th is the City Meeting, which "should" have results from the Development charge waiver.

The agenda has not been posted yet. Here is the link.
https://secure.toronto.ca/council/#/committees/2462/24408

So on this date, we should hear some results, and more details could be released before or after this meeting. The city will want to parade this success so I will assume there will be a lot of press after this date.

10Y Bonds, which 49 Ontario will use to secure the CMHC funding, have conviently dropped in good timing which further solidifies the likelihood of closing the deal.