May 10, 2022 / By: Mainstreet Equity Corp.
In Q2 2022, Mainstreet achieved its second consecutive quarter of double-digit, year-over-year growth across its three most important operating metrics, with rental revenues and net operating income (“NOI”) increasing 14%, and funds...
April 13, 2022 / By: RENX
March 25, 2022 / By: Mainstreet Equity Corp.
March 11, 2022 / By: Mainstreet Equity Corp.
December 14, 2021 / By: Jay Vasantharajah - jayvas.com
"Mainstreet's stock has compounded by nearly 20% for over 22 years now. Had you invested $100k in MEQ when it went public, it would be worth over $4.7m today."
December 13, 2021 / By: Yashwant Sankpal - Laurentian Bank
"In-line Q4/F21; YoY FFO/Share Growth Continues; Increasing Target to $140 - Mainstreet continues to produce strong YoY FFO/share growth despite the pandemic, thanks to its counter cyclical investments and repositioning program."
December 9, 2021 / By: Mainstreet Equity Corp
Subsequent to the release of our Q4/Y21 report, highlights of analysts' reports on Mainstreet's (TSX:MEQ's) performance and outlook.
September 29, 2021 / By: Mainstreet Equity Corp
Mainstreet has responded to the arrival of Afghan refugees with an announcement that they will be working alongside Community Agencies that specialize in refugee resettlement to provide housing assistance to as many families as possible.
September 22, 2021 / By: Mainstreet Equity Corp
In coordination with community agency Prairie Harm Reduction, Mainstreet has completed a Saskatoon clothing drive to provide some winter essentials to Saskatonians in need, a gift they'll be complimenting with a financial donation as well.
August 23, 2021 / By: Adam Othman - The Motley Fool
July 20, 2021 / By: Rentals for Newcomers
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.
July 14, 2021 / By: Mainstreet Equity Corp
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.
June 22, 2021 / By: The Motley Fool
By: Nikhil Kumar
Motley Fool Stock Advisor Canada explains why MEQ is such a great stock to own in 2021.
June 8, 2021 / By: CTV Calgary
By: Simon Jones
Mainstreet has partnered with a community agency to build and donate localized food banks at a few of its Calgary properties.
May 31, 2021 / By: RENX - Real Estate News Exchange
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.
April 23, 2021 / By: Vernon Morning Star
March 22, 2021 / By: The Calgary Herald
By: Chris Nelson
MEQ Founder, President & CEO Bob Dhillon explains why Alberta's future is bright and its real estate market is a solid investment nearing the end of the COVID-19 pandemic.
November 17, 2020 / By: Western Investor
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.
October 28, 2020 / By: Canaccord Genuity Corp.
September 1, 2020 / By: The Motley Fool
August 12, 2020 / By: Calgary Herald
June 30, 2020 / By: The Motley Fool
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.
June 25, 2020 / By: Acumen Capital
Acumen Capital Q2 2020 MEQ.
June 25, 2020 / By: Altacorp Capital
June 25, 2020 / By: TD Securities Inc.
June 25, 2020 / By: Laurentian Bank
June 1, 2020 / By: Acumen Capital
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.
March 21, 2020 / By: Canadian Apartment
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.
February 10, 2020 / By: The Motley Fool
February 4, 2020 / By: Financial Post
January 3, 2020 / By: Vancouver Sun
December 19, 2019 / By: Western Investor
December 18, 2019 / By: Yahoo! Finance
December 11, 2019 / By: Financial Post
December 11, 2019 / By: Globe & Mail
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".