Thank you for your interest in our new Private 1st Mortgages opportunity. We just have a few more questions to help us organize our launch and make sure you have access to all the details of this exciting opportunity.
If you have additional questions, don’t hesitate to reach out to Karen Beattie, Director of Investor Relations (905.491.6893 x5).
CORE’s private lending deals are a great opportunity for investors to put their capital to work and get on the profitable side of the mortgage business.
We just have a few more questions to ensure we send you the best opportunities, and perhaps even have a short call if you’re new to private lending. Soon enough, you’ll receive emails notifying you of individual lending opportunities from CORE Capital Partners Inc (FSRA brokerage license 12497); if you see one that you like, let us know and we’ll get the ball rolling.
If you’re interested in knowing more about private lending, don’t hesitate to reach out to Karen Beattie, Director of Investor Relations (905.491.6893 x5).
CORE is pleased to announce that Renaissance Retirement Residence, a division of CORE, recently acquired property in Barrie for its latest seniors-tailored apartments development.
The subject lands — approximately 6.73 acres — are located on the east side of Yonge Street at D’Ambrosio Drive. The site will be redeveloped primarily into a mixed-use community with specific focus on retirees. The development is envisioned as a multi-phased project, with the intention of building at least 250 units of seniors-tailored apartments with concierge amenities.
Seniors-tailored apartments are the fastest growing segment in retirement and seniors housing and real estate. According to a study with CBRE, the City of Barrie has a substantial need for residences geared towards seniors. The Renaissance team is meeting with planners, architects and construction companies to assess the optimal use and development strategy.
This exciting project will be part of our growth-oriented G Series investments, and will be made available via a limited partnership and Mutual Fund Trust.
There are several ways to qualify as an Accredited Investor in Canada. Below are the most commonly relied upon definitions for Canadian investors:
an individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that before taxes, but net of any related liabilities exceeding $1,000,000; or
an individual who, either alone or with a spouse, has total net assets of at least $5,000,000; or
an individual whose net income before taxes exceeded $200,000 in each of the 2 most recent calendar years or an individual whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;
To be an Eligible Investor under an Offering Memorandum Exemption, you would need to meet one (not all) of the below requirements:
an individual who, either alone or with a spouse has net assets of at least $400,000; or
an individual whose net income before taxes exceeded $75,000 in each of the 2 most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $125,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year
To read a detailed list of all possible exemption definitions, as defined by National Instrument 45-106, please visit the Ontario Securities Commission (OSC) website.
Registered funds as RSP & TFSA’s are eligible to invest through the Core Mortgage Trust. These accounts are held with Community Trust and we are more than happy to help get your registered account set up and funded.
If you are interested in investing or learning more, please contact Jacob Goldstein, our licensed Dealing Representative with First Republic Capital, at (647) 207-1474 or jake@firstrepubliccapital.com.
If you’re interested in booking a conversation to discuss CORE’s RRSP-eligible investment opportunities, please use the form below and our investor relations team will work with you to schedule a call.
Thank you for your interest in CORE Mortgage LP, our diversified mortgage lending fund. We have added you to our announcement & updates list for this investment opportunity.
If you are interested in investing in the CORE Mortgage LP, we can direct you to an exempt market dealer.
Thank you for your interest in our seniors-tailored apartments project in Barrie from our Renaissance Retirement Residences division. We have added you to our announcement & updates list for this investment opportunity.
Investors interested in Renaissance Retirement Residences Barrie will be directed to First Republic Capital, an exempt market dealer.
