Lending

Private Lender: CareVest provides customized mortgage financing to borrowers for new developments, renovations or refinancing purposes. Our private banking group funds millions of dollars annually to real estate owners, builders and developers.

CareVest deploys a strategy of financing quality projects with solid fundamentals. By aggressively targeting a specific under-serviced niche, CareVest successfully mitigates risk without sacrificing yield to the investor.

Mortgage Broker: CareVest provides the full spectrum of institutional and private financing to our commercial clients.

Types of Projects: Construction projects and land assemblies; acquisitions, refinancing packages and equity take-out facilities; single and multi-family residential developments; commercial, industrial and retail developments; land servicing.

Investment

First mortgages
Second mortgages
Participating Mortgages
Equity and joint-venture funds

Syndication: Syndication is where a group of investors pool their money to lend to one specific borrower. Unlike a mortgage pool or a Mortgage Investment Corporation (MIC) where a number of different mortgages may be held, syndicated mortgages fund one project at a time. Like a mortgage pool or a MIC, all administration is handled by CareVest.

Mortgage Pool or MIC: Is short for "Mortgage Investment Corporation". MICs are companies organized for investing in pools of mortgages. Profits generated by MICs are distributed to its shareholders according to their proportional interest.

Advantages to Investing in MIC's

Investment: The MIC will invest primarily in mortgages based on specific parameters described in the Offering Memorandum (OM).

Diversification: MIC funds are placed in several mortgages throughout Canada.

Flexibility: Investments can be done in cash or by way of a self directed RRSP and/or RRIF.

Liquidity: There is no minimum hold period and funds can be redeemed within two months of notice pursuant to the terms and conditions detailed in the Offering Memorandum.

Dividends: Dividends are paid monthly.

Reporting: Personal monthly statements indicating your total investment and dividend paid, plus annual audited financial statements of the MIC.
Mortgages have always been a popular but relatively low-key investment option. The fact they offer realty security and often the borrower's personal and/or corporate guarantee for your investment is even more important today in these times of uncertainty.

Mortgage investment returns are often greater than 9% annually. Most mortgages are RRSP and RRIF eligible and pay monthly interest making them a great tool for retirees or anybody on a fixed income. Regardless of your expertise, if you want good returns and hard assets behind you, look into an investment in a mortgage.

This website and the information contained herein does not constitute an offer to sell or a solicitation of an offer to purchase any securities of CareVest Capital Inc. or any of its associates or affiliates. All securities offerings carried out by CareVest or its associates or affiliates will be made to qualified purchasers in specified jurisdictions by delivery to them of formal offering documentation prepared specifically for the purpose of making such an offer and in compliance with applicable securities laws of the specific jurisdiction in which the offering is being made.

Last updated: March 6, 2008