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Mainstreet Equity Corp. · Calgary, AB Canada ·(Toronto: MEQ)

Company Description

100 - 1122 8th Ave. SW
Calgary, AB
T2P 1J5
Canada (Map)
Phone: +1-403-215-6060
Fax: +1-403-266-8867
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    Mainstreet Equity prefers the middle of the road when it comes to apartments. The company acquires, renovates, and manages multi-family residential properties in Canada. Mainstreet's portfolio includes more than 4,200 units in apartment complexes in Alberta, British Columbia, and Ontario. The company targets mid-sized, mid-tiered multi-family assets for acquisition, and specializes in acquiring undervalued properties and repositioning them for higher income opportunities. CEO Bob Dhillon founded the company in 1997. To read the full description, subscribe now.
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    Key Mainstreet Equity Corp. Financials

    Company TypePublic - Toronto: MEQ

    Headquarters
    Fiscal Year-EndSeptember
    2008 Sales (mil.)$45.4
    2007 Employees52

    Mainstreet Equity Corp. Executives

    6 executives listed for Mainstreet Equity Corp.'s Calgary, AB location.
    TitleName & BioContact
    ChairmanRowland FlemingNetwork
    President and CEOBob DhillonNetwork
    COOJohnny LamNetwork

    Competition

    Competitive Landscape for Mainstreet Equity Corp.
    Demand is driven by population growth. The profitability of residential real estate brokerage and management companies depends on demand for properties and the volume of transactions they handle, both of which are usually higher during periods of strong economic growth and can be negatively impacted by a recession or too much new construction. Large companies have only modest economies of scale and benefit mainly from better name recognition than smaller rivals. Small companies compete effectively by developing expertise in a single market or region. To read the full description, subscribe now.
    Top Mainstreet Equity Corp. Competitors
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