- Targeted yield of 8 – 11% per annum with the availability of compounding through the election of stock dividends
- MICs mortgages secured by real property
- Monthly distributions
- Minimum initial subscription amount of $5,000
- Geographical diversification
- Highly experienced management at all levels
- Regularly scheduled closings
Information from the Issuer:
About Canadian Horizons
Canadian Horizons offers real estate investment alternatives for individual and corporate investors. These investment opportunities include income producing mortgage investments and growth oriented land investments.
Founded in 2006, Canadian Horizons has over 4,300 investors and has raised over $120 million in its First & Blended Mortgage Investment Corporations and over $45 million in 7 previous land offerings.
Canadian Horizons is a CareVest Group Member Company which includes CareVest Capital Inc. Established in 1994, CareVest is a private sector leader in the Canadian real estate commercial mortgage investment industry, providing customized mortgage financing to borrowers and sound real estate mortgage investment opportunities to individual and corporate investors.
Mortgage Investments Explained
Mortgage investments are a great alternative to other income investments and are eligible for any cash or RRSP/RRIF/LIRA/TFSA/DPSP/RESP investment portfolio. Canadian Horizons Mortgage Investment Corporations provide a way for individual and corporate investors to access the Western Canadian and Ontario real estate markets and to take advantage of economies of scale not available to them as individuals. Typical investments include short term mortgages for:
- Land acquisition
- Land servicing
- Low rise multifamily residential construction
- Income producing property acquisition and redevelopment
Mortgage Pool – MICs
Investors “pool” their money by buying shares in a company called a Mortgage Investment Corporation (MIC). MICs are companies organized for investors to invest in pools of mortgages. Profits generated by MICs are distributed to their shareholders as dividends based on their share ownership. A MIC provides a convenient way to diversify a portfolio of investments; mortgages instead of stocks or bonds. The MIC’s mortgage investments are secured by real estate which is not generally influenced by the volatility of the stock market.
The investor in a MIC earns a blended rate of return based on the interest earned from each respective mortgage. The pool is continuously managed with new mortgages replacing mortgages that mature. A MIC is for those investors who want a rewarding yet passive investment in the real estate sector.
This investment is only for investors by way of subscription agreement. This is not a solicitation for sale or purchase of securities, without the appropriate exemption documents being provided to prospective purchasers. The information enclosed is for informational purposes only and is not a solicitation as to any investment product. This information is inherently limited in scope and does not contain all of the applicable terms, conditions, limitations and exclusions of the investment described herein. The authors of this website make every attempt to ensure that this information is current and accurate. However, if there is a discrepancy, please refer to the specific issuers website or documentation for the most current and correct information.