CALGARY, AB, July 26, 2022 /CNW/ – In Q3, Mainstreet achieved its third consecutive quarter of double-digit, year-over-year growth across its three most important operating metrics, with rental revenues increasing 14%, net operating income (“NOI”) increasing 13%, and funds from operations (“FFO”) growing 12%.  Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, said, “These… [Read More]

CALGARY, AB, May 30, 2022 /CNW/ ‑ Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of… [Read More]

CALGARY, AB, May 10, 2022 /CNW/ – 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 from operations (“FFO”) growing 12%.  Bob Dhillon, Founder, President & CEO of Mainstreet, said, “Our latest… [Read More]

CALGARY, AB, March 25, 2022 /CNW/ – Mainstreet Equity Corp. (Mainstreet), Canada’s leading real estate corporation on the TSX (TSX: MEQ), specializing in quality, affordable mid-market apartment buildings in western Canada, are proud to be included as a leader in gender equity in the annual “Women Lead Here” list published by the Globe and Mail’s… [Read More]

CALGARY, AB, March 11, 2022 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) is pleased to announce the results of the annual and special meeting of shareholders held on March 10, 2022 (the “Meeting”). The Meeting had a very strong shareholder turnout with holders of approximately 86% of the issued and outstanding… [Read More]

CALGARY, AB, March 7, 2022 /CNW/ – Mainstreet Equity Corp. (Mainstreet), Canada’s leading real estate company on the TSX (TSX: MEQ), specializing in quality, affordable mid-market apartment buildings in western Canada, today responded to the war in Ukraine with an announcement that they will provide housing assistance to refugees from Ukraine. Mainstreet will work alongside community… [Read More]

CALGARY, AB, Feb. 14, 2022 /CNW/ – In Q1 2022, Mainstreet achieved double-digit, year-over-year growth across its three most important operating metrics. Net operating income (“NOI”) and revenues increased 12%, while funds from operations (“FFO”) saw their fourth consecutive quarter of double-digit growth at 10%. Bob Dhillon, Founder, President & CEO of Mainstreet, said, “Our… [Read More]

CALGARY, AB, Dec. 7, 2021 /CNW/ – Mainstreet continued to see highly positive results in Q4 2021, achieving double-digit growth across all key metrics, including a 14% increase in funds from operations (“FFO”), a 12% rise in net operating income (“NOI”), and a 10% increase in rental revenues compared with Q4 last year. We also posted… [Read More]

CALGARY, AB, Sept. 29, 2021 /CNW/ – Mainstreet Equity Corp. (TSX: MEQ) is Canada’s leading real estate corporation on the TSX, specializing in mid-market apartment buildings in western Canada. Today, Mainstreet has responded to the arrival of Afghan refugees with an announcement that they will provide housing assistance. Mainstreet is working alongside Community Agencies that… [Read More]

Calgary, AB, July 27, 2021 /CNW/ – Mainstreet continued to see improvement across all key metrics in Q3 2021, achieving our second consecutive quarter of double-digit growth in funds from operations (“FFO”) and a steady increase in rental revenues. We also continued to pursue our countercyclical growth strategy in the quarter, acquiring 918 units for a… [Read More]

CALGARY, AB, May 28, 2021 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of… [Read More]

CALGARY, AB, May 11, 2021 /CNW/ – Even under immensely challenging operating conditions in Q2 2021, Mainstreet managed to achieve growth across all of our key metrics. Funds from operations (“FFO”) increased 11% compared with last year, while revenues rose 5% and net operating income (“NOI”) increased 4%. Year-to-date (“YTD”) we successfully expanded our portfolio… [Read More]