Melcor Developments Ltd.
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- Melcor Developments Ltd. (MODVF) is a diversified real estate development company focused on residential, commercial, and industrial properties primarily in Western Canada. The company develops and sells single-family homes, multi-family residential units, and townhomes under its core residential division; constructs and manages commercial properties including office buildings, retail centers, and industrial warehouses through its commercial leasing operations; and provides property management services for its portfolio. Founded in 1956 and headquartered in Edmonton, Alberta, Canada, Melcor operates mainly in Alberta and Ontario, targeting homebuyers, commercial tenants, and investors in growing urban and suburban markets. Its product offerings encompass a range of residential communities with branded home designs such as Craftsman and Modern styles; commercial developments featuring Class A office spaces and neighborhood shopping centers; and land sales to third-party builders for further development. The company maintains a vertically integrated model, handling land acquisition, entitlement, construction, and leasing across its segments. In recent developments, Melcor reported strong quarterly results in 2025 with increased residential lot sales and stabilized commercial occupancy rates above 90 percent amid market recovery. The company expanded its multi-family pipeline with new projects in Edmonton and Calgary, launched in late 2024, and formed strategic alliances with local municipalities for streamlined development approvals. No major acquisitions or name changes were noted in the past two years, though Melcor continues to optimize its balance sheet through debt refinancing and asset sales.
Melcor Developments announces first quarter results, declares quarterly dividend of $0.15 per share
Melcor Developments Ltd. (MRD:CA) Shareholder/Analyst Call Transcript
Melcor Developments (OTCMKTS:MODVF) Share Price Crosses Above 50-Day Moving Average – Here’s Why
Melcor Developments announces third quarter results, declares quarterly dividend of $0.13 per share
Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share
Melcor announces election of directors
Melcor Developments Ltd. Announces Normal Course Issuer Bid
Melcor Developments announces first quarter results, declares quarterly dividend of $0.11 per share
Melcor REIT and Melcor Developments Announce Closing of Arrangement
Melcor REIT and Melcor Developments Announce Closing of Arrangement
Melcor Developments announces results for 2024, declares $0.11 per share dividend
Melcor REIT and Melcor Developments Announce Support of Arrangement by Telsec and Firm Capital
Melcor REIT and Melcor Developments Announce Support of Arrangement by Telsec and Firm Capital
Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting
Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting
Melcor Developments announces third quarter results, declares quarterly dividend of $0.11 per share
Melcor Developments Ltd. Acknowledges the Expiration of the Melcor REIT “Go-Shop” Period
Melcor Developments Ltd. to Acquire Melcor Real Estate Investment Trust for $4.95 per Trust Unit
Melcor Developments Ltd. to Acquire Melcor Real Estate Investment Trust for $4.95 per Trust Unit
Melcor Developments announces second quarter results, declares quarterly dividend of $0.11 per share