Clifton Blake Mortgage Income Fund Trust (CBMIFT) is a prominent and reliable provider of short-duration financing for commercial and multi-residential real estate projects in the Greater Toronto Area and key urban markets throughout southern Ontario. With an unwavering commitment to maintaining a conservative risk profile, CBMIFT has established a solid reputation for delivering consistent returns to its investors.
Since the fund’s inception, CBMIFT has achieved remarkable success by adhering to strict investment principles and robust governance practices. This disciplined approach is reflected in the fund’s impressive track record, which includes zero losses, no instances of gating, and stable year-over-year distributions to investors. CBMIFT’s commitment to strong governance and risk management has made it an attractive opportunity for those seeking exposure to a fixed income real estate investment.
Management has demonstrated repeated success in identifying high quality commercial and multi-residential real estate properties that require short-term project financing in order to add value, while focusing on maintaining a diverse portfolio of experienced and capitalized borrowers to mitigate risk. By leveraging its deep market knowledge and experience, Clifton Blake has built a strong network of industry relationships and developed an acute understanding of the local real estate landscape.
Investing in Clifton Blake Mortgage Income Fund Trust offers an opportunity to participate in the dynamic growth of the Greater Toronto Area and southern Ontario’s real estate markets, with the assurance of a conservative risk profile and a commitment to delivering stable returns. CBMIFT’s history of success, coupled with its stringent governance and risk management practices, makes it an ideal choice for investors seeking a dependable source of income.
Dr. Sidney Zucker
CHAIR. CLIFTON BLAKE
MORTGAGE INCOME FUND
Chief Executive Officer
Partner
Chair, Mortgage Fund
VICE-PRESIDENT
RISK MANAGEMENT
Credit Committee
KC’s primary role as CEO and Partner is the leadership of the private equity business at Clifton Blake.
Prior to Clifton Blake, KC worked within the investment groups at Brookfield Properties and Morguard Investments where he transacted and managed numerous commercial and multi-residential properties on behalf of their institutional investor clients and public entities.
Gaetano leads mortgage origination for Clifton Blake and embraces the firm’s values on relationship lending in his management of our borrowers. In his time at the firm, he has been noted for being one of the top drivers of growth for the mortgage fund.
Gaetano is an experienced banker and also spent 6 years with another private lender prior to joining Clifton Blake.
Since 2015, Dr. Sidney Zucker has been the Chairman of the Clifton Blake Mortgage Fund. Prior to that, he owned and operated one of the largest and most successful dental practices in Canada, which he started in 1979. He is an energetic entrepreneur and accomplished real estate investor and private lender. His portfolio includes both residential and commercial properties, with a specialization in apartment buildings, along with mortgage investments. Sidney manages his real estate portfolio through his own property management company.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in GTA.
LIQUIDITY
Redemptions available at each quarter-end upon 30 days notice, after one year investment. Up to 5% of the Fund in any quarter. Up to 15% of the Fund in any annual period
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in GTA.
LIQUIDITY
Redemptions available at each quarter-end upon 30 days notice, after one year investment. Up to 5% of the Fund in any quarter. Up to 15% of the Fund in any annual period
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in GTA.
LIQUIDITY
Redemptions available at each quarter-end upon 30 days notice, after one year investment. Up to 5% of the Fund in any quarter. Up to 15% of the Fund in any annual period
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in GTA.
Investment Strategy
Clifton Blake Mortgage Income Fund Trust specializes in providing short-duration financing solutions for commercial and multi-residential real estate projects, catering to experienced and capitalized real estate operators and developers who require private capital. The fund's typical investment size ranges from $2 million to $10 million, with an average loan-to-value (LTV) ratio across the portfolio between 60% and 65%. The loan terms generally extend from 12 to 24 months, offering borrowers the flexibility they need to complete their project and either sell or refinance with a term lender. CBMIFT strikes a balance between attractive returns for investors and providing accessible financing options for developers and property owners in the Greater Toronto Area and southern Ontario markets. CBMIFT is not a low cost provider but rather emphasizes flexible structuring options and speed of execution that has resulted in a significant amount of repeat business – we call that relationship lending.
Target Parameters
Investment size: $1 million to $20 million Loan-to-value (LTV) ratios: 60% to 75% Loan terms: 6 to 24 months Emphasis on first position mortgages Major urban centres with strong economic fundamentals in Southern Ontario No sub-prime credit
Portfolio diversification and risk mitigation
To maintain a conservative risk profile, Clifton Blake is committed to portfolio diversification and risk mitigation. The fund's investment strategy encompasses a balanced allocation across various property types, with a current emphasis on improving and developing single or multi-family residential and industrial properties, as well as concentrating on geographical locations within the Greater Toronto Area and major urban centres across southern Ontario markets. This diversified approach enables Clifton Blake to reduce the impact of market fluctuations and property-specific risks. The fund also employs thorough due diligence and underwriting processes to ensure the quality of its investments. Additionally, Clifton Blake actively monitors and manages its portfolio, making adjustments when necessary to preserve capital and optimize returns for its investors.
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in GTA.
LIQUIDITY
Redemptions available at each quarter-end upon 30 days notice, after one year investment. Up to 5% of the Fund in any quarter. Up to 15% of the Fund in any annual period
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
Investment Strategy
Clifton Blake Mortgage Income Fund Trust specializes in providing short-duration financing solutions for commercial and multi-residential real estate projects, catering to experienced and capitalized real estate operators and developers who require private capital. The fund's typical investment size ranges from $2 million to $10 million, with an average loan-to-value (LTV) ratio across the portfolio between 60% and 65%. The loan terms generally extend from 12 to 24 months, offering borrowers the flexibility they need to complete their project and either sell or refinance with a term lender. CBMIFT strikes a balance between attractive returns for investors and providing accessible financing options for developers and property owners in the Greater Toronto Area and southern Ontario markets. CBMIFT is not a low cost provider but rather emphasizes flexible structuring options and speed of execution that has resulted in a significant amount of repeat business – we call that relationship lending.
Target Parameters
Investment size: $1 million to $20 million Loan-to-value (LTV) ratios: 60% to 75% Loan terms: 6 to 24 months Emphasis on first position mortgages Major urban centres with strong economic fundamentals in Southern Ontario No sub-prime credit
Portfolio diversification and risk mitigation
To maintain a conservative risk profile, Clifton Blake is committed to portfolio diversification and risk mitigation. The fund's investment strategy encompasses a balanced allocation across various property types, with a current emphasis on improving and developing single or multi-family residential and industrial properties, as well as concentrating on geographical locations within the Greater Toronto Area and major urban centres across southern Ontario markets. This diversified approach enables Clifton Blake to reduce the impact of market fluctuations and property-specific risks. The fund also employs thorough due diligence and underwriting processes to ensure the quality of its investments. Additionally, Clifton Blake actively monitors and manages its portfolio, making adjustments when necessary to preserve capital and optimize returns for its investors.
TARGET ASSETS
Urban, infill, mixed-use properties, representing opportunities offering a combination of income and capital appreciation potential. All in Toronto.
LIQUIDITY
Redemptions available at each quarter-end upon 30 days notice, after one year investment. Up to 5% of the Fund in any quarter. Up to 15% of the Fund in any annual period
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
TARGET CASH DISTRIBUTIONS
Paid monthly
MINIMUM INVESTMENT
Investment Strategy
Clifton Blake Mortgage Income Fund Trust specializes in providing short-duration financing solutions for commercial and multi-residential real estate projects, catering to experienced and capitalized real estate operators and developers who require private capital. The fund's typical investment size ranges from $2 million to $10 million, with an average loan-to-value (LTV) ratio across the portfolio between 60% and 65%. The loan terms generally extend from 12 to 24 months, offering borrowers the flexibility they need to complete their project and either sell or refinance with a term lender. CBMIFT strikes a balance between attractive returns for investors and providing accessible financing options for developers and property owners in the Greater Toronto Area and southern Ontario markets. CBMIFT is not a low cost provider but rather emphasizes flexible structuring options and speed of execution that has resulted in a significant amount of repeat business – we call that relationship lending.
Target Parameters
Investment size: $1 million to $20 million Loan-to-value (LTV) ratios: 60% to 75% Loan terms: 6 to 24 months Emphasis on first position mortgages Major urban centres with strong economic fundamentals in Southern Ontario No sub-prime credit
Portfolio diversification and risk mitigation
To maintain a conservative risk profile, Clifton Blake is committed to portfolio diversification and risk mitigation. The fund's investment strategy encompasses a balanced allocation across various property types, with a current emphasis on improving and developing single or multi-family residential and industrial properties, as well as concentrating on geographical locations within the Greater Toronto Area and major urban centres across southern Ontario markets. This diversified approach enables Clifton Blake to reduce the impact of market fluctuations and property-specific risks. The fund also employs thorough due diligence and underwriting processes to ensure the quality of its investments. Additionally, Clifton Blake actively monitors and manages its portfolio, making adjustments when necessary to preserve capital and optimize returns for its investors.
STATISTICS| AVERAGE LTV | 64.8% |
| AVERAGE TERM | 1.5 years |
| AVERAGE TERM TO MATURITY | 11.2 months |
| MONTHLY DISTRIBUTION | 7.25% |
| REDEMPTION | Quarterly* |
*As Sept 30, 2021
STATISTICS| AVERAGE LTV | 56.7% |
| AVERAGE TERM TO MATURITY | 13.66 months |
| DISTRIBUTION | 7.25% anually, paid monthly |
| REDEMPTION | Quarterly* |
Dec 31, 2022
| AVERAGE LTV | 56.7% |
| AVERAGE TERM TO MATURITY | 13.66 months |
| DISTRIBUTION | 7.25% anually, paid monthly |
| REDEMPTION | Quarterly* |
Dec 31, 2022
Our team includes former ‘Schedule A’ bankers who have developed a credit underwriting and risk rating model which guide the careful selection of mortgages for our portfolio. Highly selective, the team exercises proven lending practices based on careful risk management. Every mortgage has undergone our own strict underwriting, and we leave no stone unturned in conducting rigorous backgrounds checks on borrowers.
We offer quarterly redemption and consistent cash flow distributed monthly for our investors. We have access to a line of credit at favourable rates, which allows us to manage cash flow, allow for contingencies and respond to opportunities.
GROWING MARKET DEMAND
Canadians are increasingly seeking non bank lenders; the landscape of the lending market has a growing market share with qualified borrowers available.
REGULAR INCOME
Investors get a steady return, paid monthly.
LOW RISK & UNCOMPROMISED RETURNS
The Clifton Blake Mortgage Income Fund holds hard assets and does not face the same fluctuation in value due to public sentiment.
PEACE OF MIND
Unlike other investments that are more correlated with capital markets and are thus exposed to market sentiment, mortgage funds provide consistent fixed value income, and peace of mind knowing your investments are safe.
AN EFFORTLESS INVESTMENT
The Clifton Blake Mortgage Income Fund enables investors to reap the benefits of the private lending industry involved in multiple asset classes. All whilst leaving the expertise, time, and risk underwriting to an experienced team.
PROACTIVE PORTFOLIODIVERSIFICATION APPROACH
Blending different asset classes into the portfolio to reduce volatility within the fund.MINIMIZING DOWNSIDE
Only by loaning on deals with value add, and not reacting irrationally to market conditions.PROACTIVE MONITORING
Ensuring healthy property mix in portfolio to combat dynamic market conditions.LOAN DISTRIBUTION BY PRIORITY TYPE
Multi Family Residential
Single Family Residential
Hotel
Industrial
Retail And Office
Mixed Use
Land, Near Construction
*As July 31, 2022
PROACTIVE PORTFOLIODIVERSIFICATION APPROACH
Blending different asset classes into the portfolio to reduce volatility within the fund.MINIMIZING
DOWNSIDE
PROACTIVE MONITORING
Ensuring healthy property mix in portfolio to combat dynamic market conditions.LOAN DISTRIBUTION BY
PRIORITY TYPE
Land, Near Construction
Single Family Residential
Multi Family Residential
Industrial
Mixed Use
Hotel
Retail And Office
Dec 31, 2022
