News   Sep 13, 2024
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News   Sep 13, 2024
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    Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

    Not just Great Golf, but Dream (DRM), Dream Impact (MPCT) and Westdale. Excellent development team. They know what they are doing.
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    Toronto Birch House & Indigenous Hub | 50.3m | 13s | Dream | Stantec

    Has this been lit up at night yet? Curious what it looks like ON.
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    Toronto Birch House & Indigenous Hub | 50.3m | 13s | Dream | Stantec

    Birch House Indigenous Hub is designed around the Indigenous and Native people of the area. The art is unique to its Indigenous people and can be seen throughout. Art does not need to be liked by everyone, and I would not change a thing if this was designed by and for the Indigenous community...
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    Toronto Birch House & Indigenous Hub | 50.3m | 13s | Dream | Stantec

    Birch House pre leasing happening now, occupancy starts October 1st in some units: https://triconresidential.com/apartment/birch-house/ Dream Impact (MPCT-UN.TO) Financials showing occupancy starts in 2024
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    Mississauga Brightwater | ?m | 35s | Kilmer | Giannone Petricone

    PBR = Purpose Built rentals.
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    Mississauga Brightwater | ?m | 35s | Kilmer | Giannone Petricone

    The purpose built rentals are not started yet. Dream just changed the design from condos for sale to PBRs. So likely another 3-4 years before we see occupancy on PBRs. There is likely individual condos for rent by owner though.
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    Toronto 49 Ontario Street | 152.4m | 44s | Dream | a—A

    Dream Impact (MPCT-UN.TO) just released their Q2 Financials and said they are taking steps to get this project started. "We have made significant progress on the construction financing for 49 Ontario and are working through partnership opportunities so that the $700.0 million development will...
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    Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

    Forma West Tower has a completion date of 2032 according to Dream Impact Financials just released. It was TBA on their last report. They must have plans to move it forward. https://dream.ca/wp-content/uploads/2024/08/Combined-Q2-2024-MPCT-Report.pdf
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    Mississauga Brightwater | ?m | 35s | Kilmer | Giannone Petricone

    New Article. Dream Impact is a major investor in Brightwater (MPCT-UN.TO) https://renx.ca/brightwater-community-is-progressing-in-all-facets
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    Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

    The first tower sold-out quicker and at higher prices than the developers expected. Interest rates are crashing fast. Population is growing at rates never seen before in GTA. 2nd tower will get built, but they won't start preselling until the glut in GTA condos is absorbed. Developers focus...
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    Mississauga Brightwater | ?m | 35s | Kilmer | Giannone Petricone

    Dream Impact Investors say thank you for the photos 😊
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    Toronto Scarborough Junction Masterplan | 188.3m | 58s | Republic | Giannone Petricone

    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.
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    Toronto Scarborough Junction Masterplan | 188.3m | 58s | Republic | Giannone Petricone

    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/
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    Toronto Oak House at Canary Landing | 162.61m | 46s | Dream | Henning Larsen

    Curious if they will keep the office or adjust to move to more residential in that space.
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    Toronto Oak House at Canary Landing | 162.61m | 46s | Dream | Henning Larsen

    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...
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    Toronto Scarborough Junction Masterplan | 188.3m | 58s | Republic | Giannone Petricone

    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...
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    Mississauga Brightwater Towns | ?m | 3s | PCWVP | superkül

    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...
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    Mississauga Brightwater Towns | ?m | 3s | PCWVP | superkül

    This is owned 23.3% by Dream Impact (MPCT-UN.TO). Do we have any update on completion / handing keys over? Q2 or Q3?
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    Vaughan 100 Steeles West | 182.26m | 55s | Dream | BDP Quadrangle

    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/
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    Toronto 49 Ontario Street | 152.4m | 44s | Dream | a—A

    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/

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