MortEq Lending Corp (MLC) has generated a Q1 return of 7.59% and Q2 return of 7.66% to date. Management anticipates Q3 will continue to follow this positive trend. The June 1st share offering is quickly approaching so we are reminding investors should they wish to invest further for the upcoming quarter.
MLC continues to focus on the Metro Vancouver & Fraser Valley real estate markets; many of the municipalities within these regions are evidencing record monthly sales figures. This increased activity has been positive for MLC, whether it be the increasing number of 1st mortgage opportunities, the quick turnover of mortgages on the portfolio, or the reduced loan-to-value opportunities available. These factors are beneficial for both returns and management’s ability to mitigate risk within the portfolio.
The team at MLC is passionate about real estate, so please contact us if you want to discuss your existing investment, the real estate market, or even how much your neighbor down the street just sold their house for.
In the News
Podcast discussing affordability of Vancouver Real Estate and more. Click Here
TFSA Frequently asked Questions via CRA. Click Here
Bank of Canada Holds Interest Rate. Click Here
Central 1 Credit Union BC Real Estate Forecast. Click Here
Follow us on Twitter @phlcapitalcorp. Get updates on our new deals and relevant real estate related articles.
Please call us if you would like to get your investment in for the June 1st share offering. Please note the next share offering will be open for September 1, 2016.
On behalf of our team, thank you for your continued support.