The Issuer of 223 Street, WCMIF, is pleased to announce an early dividend to all unit holders on record when the campaign ends, as of November 8, 2023 at 11:59pm PT.
The Details:
- The Issuer on this property has decided to move to a quarterly distribution schedule as we get close to the final day.
- 223 Street is targeting a 12% annualized cash distribution and the Issuer has agreed to change their distribution schedule so that an early distribution can be paid out.
- This means all unit holders on record as of November 8, 2023 at 11:59pm PT will be eligible for it. This distribution is to be paid out November 24, 2023.
The Property Plan: Build 36 homes on land that is currently under utilized. Exit in 21 months when the units have been sold to new home buyers.
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