By its general partner KingSett Canadian Real Estate KingSett Canadian Real Estate Income Fund LP, a 10% Holder, acquired 80,000 Common Shares on a direct ownership basis at prices ranging from $15.132 to $15.407 between December 1st, 2022 and December 2nd, 2022. This represents a $1,224,320 investment into the company's shares and an account share holdings change of 2.4%.
MCAN Mortgage is in the Consumer Lending Sub Industry Group under the Financials Sector.
MCAN Mortgage Corp. is a Canada-based loan company and mortgage investment corporation. The Company's objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans and real estate investments, including its investment in MCAP Commercial LP (MCAP). Its lines of business include MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, REITs, and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.
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