Mortgages

What We Do

Since 2009, the Nicola Mortgage Investments team has been investing in loans secured by real estate across a range of property types, participating throughout the debt stack to offer a durable alternative fixed income strategy.

$899M AUM

$2.5B+ Total capital deployed

650+ Total investments made

133 Current investments

Dollars are in Canadian. Stats as of June 30, 2022.

What We Bring

  • Staying Power: As a permanent capital provider and evergreen fund operator, we are a long-term investor with the backing of a leading Canadian financial institution and the ability to recycle capital.
  • Expertise: We are a dynamic team focused on the fundamentals of credit, experienced investing & lending across the risk curve giving us the depth and breadth to identify and underwrite the best opportunities across our unique origination and deal sourcing relationships.
  • Flexible and Agile: We strive to balance the risk & return appetite of our investors with the financing needs of our business partners and borrowers through innovative deal structuring and rigorous due diligence.

Nicola Balanced Mortgage Fund

Aims to provide a consistent level of interest income while preserving capital by investing in a range of Canadian real estate debt strategies.

Nicola Primary Mortgage Fund

Has a focused Canadian real estate debt strategy investing in lower risk commercial mortgage loans to target a stable level of interest income while preserving capital.

Nicola U.S. Mortgage Fund

Invests in a diversified portfolio of real estate debt secured by income producing commercial real estate located in the United States.

Our Investment Criteria

We are active in urban markets across North America with a focus on stabilized or light transitional Commercial Real Estate asset classes in addition to other targeted debt opportunities.

Recent Investments

$15,750,000

Multifamily

Calgary Area
Alberta

CAD

$11,000,000

Industrial

Greater Toronto Area
Ontario

CAD

$21,000,000

Industrial

Greater Toronto Area
Ontario

CAD

$4,500,000

Industrial

Greater Toronto Area
Ontario

CAD

$23,000,000

Multifamily

Greater Toronto Area
Ontario

CAD

$30,000,000

Land

Greater Vancouver
British Columbia

CAD

$15,725,000

Multifamily

Quebec City Area
Quebec

CAD

$24,000,000

Seniors Housing

Greater Vancouver Area
British Columbia

CAD

$12,000,000

Multifamily

Greater Vancouver Area
British Columbia

CAD

$15,000,000

Industrial

Greater Toronto Area
Ontario

CAD

$40,000,000

Multifamily

Mult-city Portfolio
Ontario

CAD

$5,000,000

Office

Greater Toronto Area
Ontario

CAD

$9,125,000

Mixed-Use

Greater Toronto Area
Ontario

CAD

$4,000,000

Multifamily

Calgary Area
Alberta

CAD

$4,500,000

Multifamily

Greater Toronto Area
Ontario

CAD

$30,000,000

Mixed-Use

Greater Vancouver
British Columbia

CAD

The information presented above/below should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.