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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

Post by Predator2018on Apr 18, 2023 3:31pm
514 Views
Post# 35401370

USA Las Vegas Hotel

USA Las Vegas HotelMPCT wrote down the vslue of the Las Vegas Hotel to Zero on paper from more than the $57 Million it is worth. Hopefully they can monetize this asset soon by selling it. This was an accounting paper write down done for accounting pursposes and not because the asset is worthless.


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