Trez Capital Senior Mortgage Investment Corporation (“Trez Capital Senior MIC”) was formed in 2012 to provide investors with the opportunity to generate an attractive and stable return by participating in a diversified portfolio of mortgages via a publicly traded vehicle.
Trez Capital Senior MIC has two key objectives:
- To preserve capital while generating an attractive return in order to pay distributions to shareholders;
- Provide an annual distribution of 5.8% per annum, paid monthly (based on the $10 issue price).
Trez Capital Senior MIC will achieve these objectives by taking advantage of an underserviced niche market that requires short-term, flexible mortgages that are tailored to the needs of the borrower. As a result of the under-servicing of this market we can provide mortgages on high-quality properties at attractive pricing.
Trez Capital Senior MIC is managed by Trez Capital, one of the largest non-bank real estate lenders in Canada with more than 18 years of experience. They have invested on behalf of some of Canada’s largest pension funds and institutional investors, originating over 1,030 loans totaling $5.0 billion since inception. Today, they have approximately $2 billion in assets under administration.