Investors have the choice of investing in preferred shares of Terrapin or investing directly in syndicated units of specific mortgages.

Investors have the choice of investing in preferred shares of Terrapin or investing directly in syndicated units of specific mortgages. With the preferred share investment option, investor’s funds are placed in a diversified pool of mortgages receivable. This diversification allows Terrapin’s investors to reduce the risk of their investments compared to lending directly to any one borrower. Dividends are paid either annually within 90 days of the Company’s Feb 28 year end or quarterly at the investor’s option.

The syndicated mortgage investments option (i.e. a portion of a single mortgage) pay interest monthly for investors that require more frequent cash flow than investing in preferred shares. However the syndication option does not have the benefit of diversification so this mechanism is better suited to sophisticated investors that diversify their investment portfolio outside of their investment in Terrapin. The vast majority of our investors choose to invest in preferred shares but either option provides a great alternative to traditional fixed income investments such as bonds or GICs.

All investments are secured by Canadian real estate and most include borrower’s personal or corporate guarantees. Investing in Terrapin allows investors to diversify from stocks, bonds, and other fixed income securities and invest into the real estate sector. Investors have the comfort of knowing that their investments are secured by real property and are professionally managed with a track record in excess of 30 years in the industry.