CALGARY, Oct. 9 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or "the Corporation") (TSX: MEQ) is pleased to announce the appointment of Johnny Lam as Chief Financial Officer of the Corporation effective immediately. Mr. Lam was Chief Financial Officer of the Corporation until March 24, 2008, prior to him being appointed as Chief Operating Officer of the Corporation. Mr. Lam will also continue in his role as Chief Operating Officer. Mr. Cory Tamagi has resigned as Chief Financial Officer of the Corporation, effective immediately to pursue other business interests. About Mainstreet Mainstreet is a Calgary-based, growth-oriented real estate corporation focused on the acquisition, redevelopment, repositioning, asset and property management of mid-market apartment buildings. The Corporation currently owns and operates residential rental units, including apartments and townhouses, in the Vancouver Lower Mainland (Surrey and Abbotsford), Calgary, Edmonton, Saskatoon and the Greater Toronto Area. Mainstreet's common shares are listed on the Toronto Stock Exchange under the symbol MEQ.