About Atrium Mortgage Investment
Atrium Mortgage Investment Corporation operates as a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada.
The company is a mortgage lender filling the lending gap that results from the limited number of financial institutions operating in Canada. The company lends in major urban centres and where the stability and liquidity of real estate are high. The company’s mortgages are secured by all types of residential, multi-residential and commercial real estate located in Canada.
The company’s focus continues to be lending in the major metropolitan areas of Ontario and British Columbia. Its mortgage portfolio consisted of 192 mortgage loans as of December 31, 2019.
The types of properties that the company finances include residential houses, small multi-family residential properties consisted of six or fewer units, residential apartment buildings, commercial properties and store-front retail properties, commercial properties and residential and commercial land development sites. The company also finances construction projects and provides short-term bridge financing for real estate developers.
The company’s strategy is to grow in a controlled manner by diversifying geographically, and focusing on real estate sectors with the lowest risk profiles. The company is managed by Canadian Mortgage Capital Corporation.
History
Atrium Mortgage Investment Corporation was founded in 2001. The company was incorporated in 2001.