MRD Memorial Resource Development

Melcor Developments Ltd. engages in the development and management of real estate properties. It operates through the following segments: Community Development, Property Development, Investment Property, Melcor REIT, and Recreational Properties. The Community Development segment focuses in the acquisition of raw land and plans, services, and markets urban communities. The Property Development segment focuses in the prime serviced commercial sites from the community development division to develop and lease high-quality retail, office, and industrial revenue-producing properties. The Investment Property segment manages and leases residential, office, retail, and industrial properties, which are held as long-term investments. The Melcor REIT is an unincorporated, open-ended real estate investment trust. The Recreational Properties segment owns and manages championship golf courses. The company was founded by Louis Timothy Melton on June 1, 1923 and is headquartered in Edmonton, Canada.