Mega equity corporation moving ahead with real estate plans

On Behalf of Porter Ramsay LLP | Dec, 01, 2020 | Real Estate Law

One of the main landlords in the nation’s west is planning a multi-million-dollar foray into the Sunshine province next year. The founder and CEO of Mainstreet Equity Corp. is planning a move into British Columbia, and his announcement is not only drawing attention in the real estate market but also in the Toronto Stock Exchange. The company’s shares are now valued at $65 each — up from $0.22 each in 2000. The company has 1,400 rental units and $2.1 billion in assets. The CEO said Mainstreet Equity is all about providing housing that is affordable and is known for buying rental properties that aren’t performing... View Article