Recent content by RCEO

Dream Impact on Scarborough Junction on the conference call. They are planning on selling Scarborough Junction. The plan was to generate the density, then sell the project. They are in the passenger seat for the ride and own 23%. It's a huge chunk for MPCT vs current market cap.

News release. MPCT reports earnings today and conference call today as well. Let's see if they mention it as they own ~23% of it. https://storeys.com/scarborough-junction-master-planned-community/

Curious if they will keep the office or adjust to move to more residential in that space.

WDL 20 is expected to be 653 Apartments to rent and 255K Sq feet of commercial. Like Cherry, Birch and Maple, OAK is also 25% owned by Dream Impact. MPCT-UN.TO is trading at under $7/unit and over $30 NAV. Earnings are released tomorrow (Monday the 12th) MPCT also owns a portion of Quayside...

Dream Impact (MPCT-UN.TO) Has a roughly 23% economic interest in this development. The density approval is likely worth 40-70% of its entire trading market cap today. ($31+ NAV without this approval trading at under $7 today) https://dream.ca/wp-content/uploads/2023/11/MPCT-Q3-23-Combined.pdf...

Dream Impact MPCT-UN.TO owns 23% of the Brightwater Development Joint Venture. So they are the developer (or at very least an equity partner in the development). You can see a list of what they own and what percentage on their Q3 report...

This is owned 23.3% by Dream Impact (MPCT-UN.TO). Do we have any update on completion / handing keys over? Q2 or Q3?

This development is 37.5% owned by Dream Impact (MPCT-UN.TO). It looks like the Ontario Land Tribunal is pushing the density approval through. Attached PDF is from Jan 18th 2024. https://urbantoronto.ca/forum/attachments/olt-22-002358-jan-18-2024-pdf.538532/

Legal Name or ownership has changed. Has this project owned 100% by dream impact (MPCT-UN.TO) brought in a partner to develop? https://canadianlei.com/detailed-information/47000652/54930001EVF1FCZBHE62/mpct-49-ontario-street-lp/

Love this development and many more to come in the area! Tricon was just bought out (well, ongoing) who developed this with Dream Impact (MPCT-UN.TO). Dream Impact owns 25%, trades at under $7 a unit.

There are 3 units left. 7, 31, 101. 1.961M, 2.015M, and 2.082M

Are all these townhouses sold out? The entire townhouse project?

Can anyone confirm independently this Forma building is going to coat 500M to build and has about 1.1B in pre-sales? Let's say just under 600M in profit? https://archinect.com/news/article/150353194/frank-gehry-s-forma-development-begins-construction-in-toronto

Gorgeous. Some crazy nice developments going up. Nice to see.