After publicly opposing Melcor Developments’ (MRD-T) bid to take Melcor REIT (MR-UN-T) private for the past several months, FC Private Equity Realty Mgmt. Corp. (Firm Capital) and Telsec Property Corp. have done an about-turn and agreed to support the move.
Nobody knows exactly what President Donald Trump will do next. That’s the reality apartment owners and developers in Canada face, as tariffs imposed this week by the U.S. on Canada have created uncertainty in the market.
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