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Mainstreet Equity Corp. (T:MEQ)

Business Focus: Residential Real Estate Rental & Development

Jul 26, 2022 07:00 am ET
MAINSTREET EQUITY CORP. ANNOUNCES Q3 2022 RESULTS
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%. 
May 30, 2022 07:00 am ET
MAINSTREET ANNOUNCES NORMAL COURSE ISSUER BID
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 the TSX. 
May 10, 2022 07:00 am ET
MAINSTREET EQUITY CORP. ANNOUNCES Q2 2022 RESULTS
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%. 
Mar 25, 2022 11:29 am ET
Mainstreet Equity Corp. Women Lead Here
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 Report on Business (ROB) magazine. This annual editorial benchmark identifies best-in-class executive gender diversity in corporate Canada.
Mar 11, 2022 06:00 am ET
Mainstreet Equity Corp. held Annual and Special Shareholder Meeting on March 10, 2022
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 common shares represented in person or by proxy.
Mar 07, 2022 06:38 pm ET
Leading Canadian real estate company offers housing, supplies for Ukrainians
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 agencies that specialize in refugee resettlement work to ensure they assist as many people as possible. The Company will also be sending a shipment of unworn winter coats in both adult and children's sizes, as w
Feb 14, 2022 06:00 am ET
MAINSTREET EQUITY CORP. ANNOUNCES Q1 2022 RESULTS
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%.
Dec 07, 2021 06:00 am ET
Mainstreet Equity Corp. Announces Year End 2021 Results
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.
Sep 29, 2021 01:00 pm ET
Calgary real estate company offers help to displaced Afghan refugees
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 specialize in refugee resettlement to ensure that as many people as possible are assisted.
Jul 27, 2021 07:00 am ET
Mainstreet Equity Corp. Releases Q3 2021 Results
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 total consideration of $122 million (year-to-date ("YTD") acquisitions totaled $176 million, or 1,373 units). Our management team continued to leverage low interest rates in Q3, raising $48 million through the refinancing of 10-year, CMHC-insu
May 28, 2021 03:56 pm ET
Mainstreet Announces Normal Course Issuer Bid
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 the TSX. 
May 11, 2021 07:00 am ET
Mainstreet Equity Corp. Releases Q2 2021 Results
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 as part of a broad diversification effort, acquiring 662 residential apartment units for a total consideration of $80 million, including 393 units in British Columbia ($50 million). We also raised an additional $54.8 million throug
Mar 19, 2021 05:00 pm ET
Mainstreet Equity Corp Announces Retirement of COO
CALGARY, March 19, 2021 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) announces that Mr. Johnny Lam, the Corporation's Chief Operating Officer, has advised Mainstreet of his decision to retire from the Company upon reaching the age of 65, being April 20, 2021.
Mar 12, 2021 05:13 pm ET
Mainstreet Equity Corp held Annual Shareholder Meeting on March 12, 2021
CALGARY, AB, March 12, 2021 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 12, 2021 (the "Meeting"). The meeting had a very strong shareholder turnout with holders of approximately 87% of the issued and outstanding common shares represented in person or by proxy.
Feb 12, 2021 06:00 am ET
Mainstreet Equity Corp. Releases Q1 2021 Results
CALGARY, AB, Feb. 12, 2021 /CNW/ - Despite extremely challenging operating conditions in Q1 2021, Mainstreet managed to maintain funds from operations ("FFO") at the same level as the previous year, while achieving a slight improvement in FFO per share and 5% growth in rental revenue. A 6% drop in same-asset NOI is well below our typical standards, yet still exceeded our expectations given the current macroeconomic context. In fact, we believe these results are evidence that the multifamily apartment space remains the most resilient asset class across the entire real estate industry—particul
Dec 07, 2020 06:00 am ET
Mainstreet Equity Corp. Releases Q4 2020 Results
CALGARY, AB, Dec. 7, 2020 /CNW/ - Despite the global pandemic persisting for much of fiscal 2020, Mainstreet still managed to achieve year-over-year double-digit growth in funds from operations ("FFO") in 2020, increasing 11% from the previous year. Revenues rose 9% and net operating income ("NOI") increased 8%. We believe these results demonstrate the extraordinarily resilient nature of the mid-market rental industry (with a price-point average between $900 and $1,000), which has remained stable even as other sectors face widespread disruption. Mainstreet collection rates, for example, rema
Aug 11, 2020 07:00 am ET
Mainstreet Equity Corp. Releases Q3 2020 Results
CALGARY, AB, Aug. 11, 2020 /CNW/ - The global pandemic continued to spread economic uncertainty in the third quarter of 2020. For Mainstreet, that meant shifting our priorities from financial performance toward furthering our social responsibility, in order to ensure the health and safety of our team and of our tenants. We viewed this strategy as absolutely necessary, particularly as the provider of an essential service with customers spread across 13,579 units year-to-date ("YTD"). Supporting our customer base—including financial assistance for residents struggling to pay rent—will remain t
Jun 23, 2020 07:00 am ET
Mainstreet Equity Corp. Releases Q2 2020 Results
CALGARY, AB, June 23, 2020 /CNW/ - As the COVID-19 pandemic stuck near the end of Q2, Mainstreet shifted its priorities from financial performance toward social responsibility, in order to ensure the health and safety of our team and of our tenants. We deemed this to be the only correct course of action in the face of a global crisis, and as the provider of an essential service with tenants spread across 13,375 units year-to-date ("YTD"). Supporting our client base—including financial assistance for residents struggling to pay rent—will remain top of mind through coming quarters.
Jun 18, 2020 05:24 pm ET
Mainstreet Equity Corp Provides Update on Filing of Q2 Financial Statements and MD&A
CALGARY, AB, June 18, 2020 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) announces that, further to its April 16, 2020 news release, Mainstreet has postponed its filing of the Company's interim financial statements for the three and six months period ended March 31, 2020 ("Q2 Financial Statements") and associated management's discussion and analysis ("Q2 MD&A", and collectively with the Q2 Financial Statements, the "Q2 Filings") to June 23, 2020.
May 28, 2020 07:30 am ET
Mainstreet Announces Normal Course Issuer Bid
CALGARY, May 28, 2020 /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 the TSX. 
Apr 16, 2020 07:30 am ET
Mainstreet Equity Corp Announces Postponement of Filing of Q2 Financial Statements and MD&A to June 23, 2020
CALGARY, April 16, 2020 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) announces that filing of the Company's interim financial statements for the six month period ended March 31, 2020 ("Q2 Financial Statements") and associated management's discussion and analysis ("Q2 MD&A", and collectively with the Q2 Financial Statements, the "Q2 Filings") will be postponed due to delays caused by the COVID-19 pandemic.
Mar 12, 2020 08:23 pm ET
Mainstreet Equity Corp held Annual Shareholder Meeting on March 12, 2020
CALGARY, March 12, 2020 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 12, 2020 (the "Meeting"). The meeting had a very strong shareholder turnout with holders of approximately 90% of the issued and outstanding common shares represented in person or by proxy.
Feb 11, 2020 06:30 am ET
Mainstreet Equity Corp. Releases Q1 2020 Results
CALGARY, Feb. 11, 2020 /CNW/ - Mainstreet's Q1 2020 results mark the 7th consecutive quarter of year-over-year double-digit growth in all of its key metrics, extending a steady improvement in its operational performance that has continued to deliver non-dilutive value to shareholders. Continued growth in rental revenue, net operating income ("NOI"), and funds from operations ("FFO") comes despite the fact that Q1 is typically a low rental season.
Dec 09, 2019 06:30 am ET
Mainstreet Equity Corp. Releases Q4 2019 Results
CALGARY, Dec. 9, 2019 /CNW/ - Mainstreet's 2019 results mark the sixth consecutive quarter of year-over-year double-digit growth in all of our key metrics, solidifying a steady improvement in our operational performance that has continued to deliver non-dilutive value to our shareholders.
Jul 23, 2019 07:00 am ET
Mainstreet Equity Corp. Releases Q3 2019 Results
CALGARY, July 23, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the quarter ended June 30, 2019.
May 30, 2019 08:00 am ET
Mainstreet Announces Normal Course Issuer Bid
CALGARY, May 30, 2019 /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 the TSX. 
May 14, 2019 07:30 am ET
Mainstreet Equity Corp. Releases Q2 2019 Results
CALGARY, May 14, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add- value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the quarter ended March 31, 2019.
Mar 29, 2019 07:15 pm ET
Mainstreet Equity Corp held Annual Shareholder Meeting on March 29, 2019
CALGARY, March 29, 2019 /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 29, 2019 (the "Meeting"). The meeting had a very strong shareholder turnout with holders of approximately 89% of the issued and outstanding common shares represented in person or by proxy.
Mar 01, 2019 06:00 am ET
Mainstreet Announces Exercise of Stock Options
CALGARY, March 1, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) today announced that all of the holders ("Holders") of the Corporation's remaining outstanding incentive stock options ("Options"), each of which is a director or officer of the Corporation, have exercised their Options, at an exercise price of $5.51 per common share of the Corporation ("Common Share") in accordance with the terms of Mainstreet's stock option plan (the "Option Plan"). As a result of such exercise, Mainstreet has no options issued or outstanding, and as the Option Plan has ex
Feb 14, 2019 06:00 am ET
Mainstreet Equity Corp. Releases Q1 2019 Results
CALGARY, Feb. 14, 2019 /CNW/ - Simply put, the first quarter results are among the best year-over-year improvements in Mainstreet history, with a significant increase in both funds from operations ("FFO") and net operating income ("NOI"), rising 51% and 27%, respectively. Rental revenues also grew 21%.
Jan 09, 2019 06:00 am ET
Mainstreet Equity Corp. Announces Change of Auditors
CALGARY, Jan. 9, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) is pleased to announce the appointment of PricewaterhouseCoopers ("PWC") as its auditor. 
Dec 13, 2018 06:00 am ET
Mainstreet Equity Corp. Releases FY 2018 Results
CALGARY, Dec. 13, 2018 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2018.
Jul 17, 2018 07:00 am ET
Mainstreet Equity Corp. Releases Q3 2018 Results
CALGARY, July 17, 2018 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the three months ended June 30, 2018.
May 30, 2018 07:00 am ET
Mainstreet Announces Normal Course Issuer Bid
CALGARY, May 30, 2018 /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 the TSX. 
May 08, 2018 07:00 am ET
Mainstreet Equity Corp Releases Q2 2018 Results
CALGARY, May 8, 2018 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the three months ended March 31, 2018.
Mar 16, 2018 08:05 pm ET
Mainstreet Equity Corp held Annual Shareholder Meeting on March 16, 2018
CALGARY, March 16, 2018 /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 16, 2018 (the "Meeting"). The meeting had a very strong shareholder turnout with holders of approximately 89% of the issued and outstanding common shares represented in person or by proxy. Navjeet (Bob) Dhillon, Joseph Amantea, Richard Grimaldi, Karanveer Dhillon, John Irwin and Ron Anderson were re-elected to the board of directors of the Corporation for the upcoming year as follows:
Mar 12, 2018 07:00 am ET
Mainstreet Announces Withdrawal of Resolution to Approve Stock Option Plan
CALGARY, March 12, 2018 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) today announced that it will be withdrawing from the matters of business to be considered at the annual and special meeting of shareholders of Mainstreet to be held on March 16, 2018 (the "Meeting"), the ordinary resolution to approve a new stock option plan of the Corporation (the "2018 Plan").
Feb 13, 2018 06:00 am ET
Mainstreet Equity Corp Releases Q1 2018 Results
CALGARY, Feb. 13, 2018 /CNW/ – Mainstreet Equity Corp. ("Mainstreet" or the "Corporation), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the three months ended December 31, 2017.
Dec 13, 2017 06:00 am ET
Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
Boardwalk Real Estate Investment Trust ("BEI.UN" - TSX)Mainstreet Equity Corporation ("MEQ" – TSX)
Dec 13, 2017 06:00 am ET
Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
Boardwalk Real Estate Investment Trust ("BEI.UN" - TSX)Mainstreet Equity Corporation ("MEQ" – TSX)
Dec 13, 2017 06:00 am ET
Mainstreet Equity Corp Releases FY 2017 Results
CALGARY, Dec. 13, 2017 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2017.
Jul 20, 2017 08:30 am ET
Mainstreet Equity Corp. Releases its Q3 2017 Results
CALGARY, July 20, 2017 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the three months ended June 30, 2017.
May 30, 2017 08:30 am ET
Mainstreet announces normal course issuer bid
CALGARY, May 30, 2017 /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 the TSX. 
May 09, 2017 08:30 am ET
Mainstreet Equity Corp. Releases its Q2 2017 Results
CALGARY, May 9, 2017 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the three months ended March 31, 2017.
Mar 17, 2017 08:12 pm ET
Mainstreet Equity Corp held Annual Shareholder Meeting on March 17, 2017
CALGARY, March 17, 2017 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 17, 2017. The meeting had a very strong shareholder turnout with holders of approximately 85% of the issued and outstanding common shares represented in person or by proxy.
Mar 01, 2017 07:00 am ET
Mainstreet Equity Corp. adds depth to Executive Management Team
CALGARY, March 1, 2017 /CNW/ – Bob Dhillon, President and Chief Executive Officer of the Corporation is pleased to announce the appointment of Trina Cui as Chief Financial Officer of the Corporation effective March 1, 2017. Ms. Cui joined Mainstreet in December, 2008 serving most recently as Vice President, Corporate Finance of the Corporation. She holds a Chartered Professional Accountant - Certified General Accountant designation, obtained a Bachelor of Commerce (High Honours) degree double major in Accounting and Finance from Carleton University, Ottawa, Ontario and a Master of Business A
Feb 14, 2017 07:30 am ET
Mainstreet Equity Corp. Reports Q1 2017 Results
CALGARY, Feb. 14, 2017 /CNW/ – Mainstreet Equity Corp. ("Mainstreet" or the "Corporation), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the three months ended December 31, 2016.
Dec 06, 2016 07:00 am ET
Mainstreet Releases FY 2016 Results
CALGARY, Dec. 6, 2016 /CNW/ - Mainstreet Equity Corp. (TSX: MEQ, "Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2016.
Jul 21, 2016 08:00 am ET
Mainstreet reports Q3 2016 results
CALGARY, July 21, 2016 /CNW/ - Mainstreet Equity Corp. (TSX: MEQ, "Mainstreet" or the "Corporation), an add-value, mid-market consolidator of apartments in Western Canada, announces its operating and financial results for the three months ended June 30, 2016. After six years of sustained growth, Mainstreet encountered a negative trend in net operating income ("NOI") and funds from operations ("FFO") in the quarter.
May 30, 2016 07:30 am ET
Mainstreet Announces Normal Course Issuer Bid
CALGARY, May 30, 2016 /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 the TSX. 
May 10, 2016 08:15 am ET
Mainstreet announces Q2 2016 earnings
CALGARY, May 10, 2016 /CNW/ - Mainstreet Equity Corp. (TMX: MEQ, "Mainstreet" or the "Corporation), an add-value, mid-market consolidator of apartments in Western Canada, is reporting its Q2 results amid a challenging economic environment. In the face of the current market uncertainty, we are rapidly transitioning toward a business model that will take full advantage of slower economic conditions. While prolonged low oil prices have negatively impacted some of our core markets, Saskatoon is showing early signs of recovery. In Alberta, meanwhile, we expect that the upcoming high rental season
May 06, 2016 05:11 pm ET
100 Suites Filled in 24 Hours: Mainstreet Pledging More Help to Fort McMurray Evacuees
CALGARY, May 6, 2016 /CNW/ - Within the first 24 hours of offering free rent for 3 months to Fort McMurray evacuees, Mainstreet has filled 100 suites in Edmonton, Calgary and Saskatoon helping hundreds of evacuees in their time of need. Mainstreet sees the growing need for continued support as the demand for assistance is overwhelming.
May 04, 2016 03:59 pm ET
Mainstreet Offers 100 Apartments to Victims of Devastating Fort McMurray Fire
CALGARY, May 4, 2016 /CNW/ - Alberta-based Mainstreet Equity today offered 100 apartments with at least 3 months of free rent for victims of the devastating fire which has created a state of emergency in Fort McMurray. The suites are located in Calgary, Edmonton or Saskatoon, where Mainstreet has apartment units available.
Apr 22, 2016 09:00 am ET
Mainstreet announces final results of substantial issuer bid
CALGARY, April 22, 2016 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") today announced the final results of its substantial issuer bid (the "Offer") to purchase for cancellation up to 1,200,000 of its issued and outstanding common shares ("Shares"), which expired at 5:00 p.m. (Eastern time) on April 12, 2016.
Apr 13, 2016 08:30 am ET
Mainstreet announces preliminary results of substantial issuer bid
CALGARY, April 13, 2016 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), today announced the preliminary results of its substantial issuer bid (the "Offer") to purchase for cancellation up to 1,200,000 of its outstanding common shares ("Shares"), which expired at 5:00 p.m. (Eastern time) on April 12, 2016.
Mar 18, 2016 07:19 pm ET
Mainstreet Equity Corp held Annual and Special Shareholder Meeting on March 18, 2016
CALGARY, March 18, 2016 /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 18, 2016. The meeting had a very strong shareholder turnout with holders of approximately 84.7% of the issued and outstanding common shares represented in person or by proxy.
Mar 02, 2016 07:00 am ET
Mainstreet intends to repurchase up to CDN$43.2 million of its common shares through a substantial issuer bid
CALGARY, March 2, 2016 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), today announced that it intends to make a substantial issuer bid (the "Offer") pursuant to which the Corporation will offer to purchase for cancellation up to 1,200,000 of its outstanding common shares ("Shares") a price of $36.00 per Share, a 14.3% premium over the closing price on the Toronto Stock Exchange on Tuesday, March 1, 2016.  No minimum number of Shares need to be tendered but the maximum number of Shares that may be purchased by Mainstreet is 1,200,000, representing approximately 11.8% of
Feb 16, 2016 07:00 pm ET
Annual and special general meeting of common shareholders of Mainstreet Equity Corp.
CALGARY, Feb. 16, 2016 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), today announced that an annual and special general meeting of holders of common shares of the Corporation is proposed to be held on Friday, March 18, 2016.  It is anticipated that a notice of meeting together with a management information circular and an instrument of proxy will be mailed to shareholders of the Corporation in the near future.
Feb 10, 2016 08:00 am ET
Mainstreet announces stable Q1 earnings and plan for growth
CALGARY, Feb. 10, 2016 /CNW/ - Mainstreet Equity Corp. (TMX: MEQ, "Mainstreet" or the "Corporation"), an add-value, mid-market consolidator of apartments in Western Canada, is pleased to announce stable earnings for Q1 2016 despite economic uncertainty in some of its core markets.