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Summary

MHCare Founder's Land Sale

This is a news story, published by edmontonjournal, that relates primarily to Sam Mraiche news.

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MHCare founder Sam Mraiche
edmontonjournal

edmontonjournal

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Business

Business & Economics

Mraiche-led company made $300K in three months on land sale to Alberta government, defends deal as a 'very traditional' transaction

edmontonjournal
Summary
Nutrition label

68% Informative

A numbered company led by MHCare founder Sam Mraiche netted a $ 300,000 profit after it sold a west Edmonton parcel of land to the provincial government just three months after purchasing it.

The numbered company says it bought the land for a non-governmental client, and was drawn to the property because it leased parking spaces to the nearby Venne building.

It says the idea for the sale came from Alberta Infrastructure , and included with its statement a bid from a private property developer.

VR Score

65

Informative language

60

Neutral language

55

Article tone

semi-formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

14

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Affiliate links

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