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Category: Residential

Dream Impact Q4 2022 financials: Distribution cut, asset writedown

Steve McLean Residential Development Toronto / GTA Feb. 21 2023

Dream Impact Trust (MPTC.UN-T) will reduce its distribution by 60 per cent and a large fair value loss on a small interest in Virgin Hotels Las Vegas contributed to a $44.86-million net loss in the fourth quarter ended Dec. 31.

Gracorp, Minto partner to build Vancouver Oakridge multires

Steven Threndyle Residential Apartments Metro Vancouver Feb. 21 2023

The Cambie Corridor Plan's third phase will re-shape a neighbourhood containing nine per cent of Vancouver's land mass. Gracorp Properties and Minto are partnering on one of these projects, an 18-storey apartment building to replace three single-family homes.

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