CALGARY, July 15, 2015 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”), an add-value, mid-market consolidator of apartments in Western Canada, is pleased to announce its 19th consecutive quarter of year-over-year double-digit growth in pre-tax funds from operations (“FFO”) and net operating income (“NOI”). Any business operating in the current economic turbulence faces challenges, particularly… [Read More]
Mainstreet reports 18th consecutive quarter of double-digit growth
CALGARY, May 12, 2015 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”), an add-value, mid-market consolidator of apartments in Western Canada, is pleased to announce its 18th consecutive quarter of year-over-year double-digit growth in pre-tax funds from operations (“FFO”) and net operating income (“NOI”). We are particularly pleased by our strong performance in this… [Read More]
Mainstreet Equity Corp. Files Normal Course Issuer Bid
CALGARY, April 17, 2015 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) announces that the Corporation will renew its normal course issuer bid (“Bid”). The maximum number of common shares of the Corporation (“Common Shares”) which may be acquired by way of the current Bid is 630,914 representing approximately 10% of the public… [Read More]
Mainstreet Equity Corp held AGM on March 27, 2015
CALGARY, March 30, 2015 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) is pleased to announce the results of the annual general meeting of shareholders held on March 27, 2015. The meeting had a very strong shareholder turnout with holders of more than 76% of the issued and outstanding common shares represented in person… [Read More]
Mainstreet reports 17th consecutive quarter of double digit growth
CALGARY, Feb. 12, 2015 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or “Corporation” TSX: MEQ) is pleased to announce its 17th consecutive quarter of year-over-year double-digit growth in funds from operations (“FFO” â up 28%) and net operating income (“NOI” â up 14%). Mainstreet believes that its sizeable liquidity position (over $100 million), access to record-low… [Read More]
Mainstreet Grows B.C. Portfolio with 331 Unit Acquisition
CALGARY, Jan. 26, 2015 /CNW/ – Mainstreet Equity Corporation (TSX: MEQ) (“Mainstreet” or the “Company”), announced today that it has completed the acquisition of a 331-unit, five-building rental apartment complex (the “Property”) in the Greater Vancouver Area (“Vancouver”). Located in the Vancouver suburb of Surrey, British Columbia, this Property was purchased for $33.7 million which… [Read More]
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