Mainstreet Equity Corp. (MEQYF)
Mainstreet Equity Corp. operates in the Real Estate - Services industry of the Real Estate sector, headquartered in Calgary, AB, CA. The stock last traded at $121.78, up 2.64% on the session, giving a market capitalisation of $1.13B. On trailing twelve-month figures it carries a trailing P/E of 9.04, a net margin of 61.0%. Its beta of 0.85 implies it has historically moved less than the broad market.
Mainstreet Equity Corp. specializes in the full lifecycle management of multi-unit residential properties throughout Western Canada. This encompasses the strategic acquisition, enhancement, divestment, and ongoing administration of its real estate holdings. The company maintains an extensive portfolio of apartment complexes and other multi-family dwellings situated in prominent urban areas such as Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, its diverse assets included 15,071 income-generating units, ranging from townhouses and garden-style apartments to concrete mid-rise and high-rise towers, condominium suites, and two independent commercial buildings. The firm was established in 1997 and has its principal office in Calgary, Canada.
Mainstreet Equity Corp. is most often compared with the following Real Estate names: