Bob Dhillon Talks Newcomers, Landlords and Rentals Details

July 20, 2021 / By: Rentals for Newcomers

Bob Dhillon Talks Newcomers, Landlords and Rentals

MEQ, Real Estate

By: Steve Tustin

Bob Dhillon knows what the expected "post-Covid" arrival of newcomers means to Canada's rental market. The Government of Canada is projecting the population will grow by 1.2 million through immigration in the next few years alone, and while not everyone will be a renter, that number is big enough that there will be a supply and demand imbalance for rental accommodation. It will become a game of musical chairs unless we can address this issue soon, and creatively.

Mainstreet To Help Open New Community Food Bank Details

July 14, 2021 / By: Mainstreet Equity Corp

Mainstreet To Help Open New Community Food Bank

MEQ, Community

By: Jesse Greenwell

An event has been organized to celebrate the food bank opening, as well as the community volunteers and donations that made it possible. CEO Bob Dhillon will be joined by Her Honour, the Honourable Salma Lakhani, Lieutenant Governor of Alberta for the official ribbon-cutting ceremony.

Edmonton’s Multires Metrics Heading in Right Direction Details

May 31, 2021 / By: RENX - Real Estate News Exchange

Edmonton’s Multires Metrics Heading in Right Direction

MEQ, Real Estate

By: Kathy Kerr

Edmonton remains one of Canada's most affordable multi-residential markets for both renters and investors. Landlords at the annual real estate forum reported 98 to 99 per cent of rents are being collected in the city. Developers and landlords said the best performing multi-residential assets in Edmonton are mid-market low-rises.

Major investor picks up Penticton, Vernon rental housing Details

April 23, 2021 / By: Vernon Morning Star

Major investor picks up Penticton, Vernon rental housing

Real Estate, MEQ

By: JENNIFER SMITH

Mainstreet has purchased its first asset in Vernon, the former City View Gardens apartments on Centennial Drive, under the new name Vernon City View Apartments. Mainstreet also recently acquired Penticton Main Street Apartments, its second property in Penticton.

Mainstreet Equity Launching B.C. Acquisition Binge Details

November 17, 2020 / By: Western Investor

Mainstreet Equity Launching B.C. Acquisition Binge

MEQ, Real Estate

By: Frank O'brien

One of Western Canada's largest landlords, which already controls a third of the Surrey, B.C., multi-family rental market, is planning a multimillion-dollar acquisition expansion in British Columbia in 2021. Mainstreet's acquisition plan will exclusively target smaller B.C. cities and towns, such as Penticton, Kamloops, Abbotsford and Chilliwack.

Canaccord Genuity Corp. - Initiation of Coverage - MEQ - Unique business model drives growth in cash flow per share for value-add apartment consolidator Details
Buy Alert: This Small-Cap Real Estate Company on the TSX Is Well Poised for a Turnaround Details

June 30, 2020 / By: The Motley Fool

Buy Alert: This Small-Cap Real Estate Company on the TSX Is Well Poised for a Turnaround

Real Estate, Capital Markets, Analyst Report, TSX, MEQ

Tensions between the U.S. and China are on the rise. Our neighbor to the south is seeing a massive rise in COVID-19 cases. Companies on the TSX are getting hit, as the economy is grappling with low demand and rising unemployment rates. It's tough to find companies that could make the most out of a bad market, but I believe real estate player Mainstreet Equity (TSX:MEQ) is up to the challenge.

Initiating Coverage: Value Creation Model Built to Last Details

June 1, 2020 / By: Acumen Capital

Initiating Coverage: Value Creation Model Built to Last

Real Estate, Capital Markets, Analyst Report, TSX, MEQ

 

 We are initiating coverage on Mainstreet Equity Corp. (TSX: MEQ) with a BUY rating. MEQ is involved in the acquisition, divestiture, value-enhancement, and management of multifamily residential units in Western Canada. The company now owns more than 13,000 units across ~340 buildings focused in six key centres: Edmonton, Surrey, Abbotsford, Calgary, Saskatoon, and Regina. MEQ was founded by Navjeet (Bob) Dhillon in 1997 and was listed on the TSX in 2000. Mr. Dhillon is an entrepreneur who began his real estate career as a teenager in Calgary and is responsible for building MEQ into what it is today. 

Mainstreet CEO joins new Alberta advisory council Details

March 21, 2020 / By: Canadian Apartment

Mainstreet CEO joins new Alberta advisory council

Real Estate, Capital Markets, Analyst Report, TSX, MEQ

To cope with the economic fallout of COVID-19, the province of Alberta announced that it has unveiled a new Alberta advisory council that includes former Prime Minister Stephen Harper and Bob Dhillon, CEO of Mainstreet Equity Corp, among other notable members.

Tuesday's analyst upgrades & downgrades Details

December 11, 2019 / By: Globe & Mail

Tuesday's analyst upgrades & downgrades

Real Estate, Capital Markets, Analyst Report, TSX, MEQ

Tuesday, December 11th, 2019. After the release of a strong year-end and fourth quarter from Mainstreet Equity, Laurentian Bank analyst said: "Mainstreet Equity is delivering sector-leading FFO growth despite mediocre economic conditions".