Dorr Capital launches RealAlt Investments
Dorr Capital has launched RealAlt Investments, a mortgage fund giving Canadians the opportunity to invest in real estate and diversify their investment portfolio.
RealAlt allows investors to benefit from a large network of developers that are building communities in the GTA and Ontario urban centres.
By offering mortgage investments in local home developments, this fund challenges conventional investment tools by targeting above average return on investment and preservation of capital. As Canada aims to welcome more than 1.2 million immigrants by 2023, the demand for family homes will continue to grow.
Created by Dorr Capital, which has seen 10 years of sustainable, profitable growth with zero per cent loan losses and CAD1.5 billion of loans to-date, RealAlt Investments is a natural evolution of the company's services. As experts in bespoke land and construction loans, Dorr Capital connects clients to a new, stable way of investing. Dorr provides investors a secure way to diversify their portfolios while maximising yields.
"Real estate investing should not just be for high-net-worth individuals. RealAlt investments was developed for investors seeking income, primarily from distributions, diversification of their investment portfolio and wanting to share the risk with others," says Brian Dorr, President, Dorr Capital. "The Fund seeks to provide returns that have lower correlations to stock or bond market indices in the form of income and capital preservation with monthly distributions."
By investing in a pool of medium-term diversified mortgages, clients can expect to receive a monthly distribution or reinvest the interest back into the fund. The fund is structured as a mortgage fund trust, qualifies for registered investment plans such as RRSP and TFSA.
RealAlt investments will target a return of 7.5 per cent. It will focus on land and construction development in the GTA, Barrie, Kitchener-Waterloo and other urban centres in Ontario that have higher-than-average population and economic growth.