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".