Overview

Trez Capital is one of Canada’s largest private commercial mortgage lenders. We provide property developers and owners with quick approvals on flexible short to mid term financing. We also offer private and institutional investors strategies to invest in a variety of opportunistic, fully-secured, high-yield mortgage investment funds and investment assets.

We have built a reputation for providing innovative financing for commercial properties in major centres throughout Canada and the United States. We have also earned the trust of investors, including some of Canada’s largest pension funds, by applying rigorous institutional grade underwriting to generate attractive yields and stable sources of income.

With offices in Vancouver, BC, Toronto, ON, Dallas, TX, and Palm Beach, FL, we manage a mortgage and investment portfolio of more than $1.9 billion.

History

Trez Capital was founded by Morley Greene, a lawyer with extensive experience in the mortgage and real estate industries. While practicing law, Mr. Greene came to realize that large financial institutions weren’t meeting the needs of commercial property owners and developers. Banks often refused to adjust rigid lending criteria or responded slowly to financing opportunities, even for a borrower with a solid track record and desirable property security. Recognizing the opportunity to provide short-term financing for properties undergoing repositioning or renovation, Mr. Greene formed Trez Capital in 1997.

Trez Capital soon began to increase market share in major Canadian cities by focusing on smaller developers of high-quality properties. Borrowers appreciated our flexible terms, competitive rates and quick approvals on commercial mortgages. We also built a loyal following of private investors. Attracted by our stable returns, real-property security and extensive risk analysis, investors initially participated through syndication arrangements and later mortgage investment corporations. Canada was our first market for those investments; however, we eventually expanded in a limited capacity to the United States.

We now manage a diversified commercial mortgage portfolio valued at over $1.9 billion. Operating from offices in Vancouver, Toronto, Dallas TX, and Palm Beach FL, our team of real estate finance specialists manage all aspects of mortgage financing. From loan origination and property due diligence, to funding and servicing, our hands-on approach ensures that each loan is suitably structured and fully secured.

Trez Capital has evolved to become one of Canada’s largest private commercial mortgage lenders. We have formed several mortgage investment funds and originated over 1,151 commercial mortgages totaling more than $6.0 billion. Our investors range from high net worth individuals to some of Canada’s largest pension funds.

STRATEGY

Our business model is structured around two objectives:

  1. Providing commercial property developers with mortgages custom-tailored to their investment needs
  2. Offering investors a secure source of income from a diversified pool of fully secured commercial mortgages

FOR BORROWERS

FLEXIBLE TERMS AND ATTRACTIVE RATES

We provide primarily first and second mortgages and bridge financing to borrowers seeking to purchase, refinance, refurbish or develop commercial real estate in major Canadian markets. Our in-house team handles all aspects of these transactions quickly and efficiently.

All of our mortgages are custom tailored. Loans typically range from $1 million to $35 million over terms up to 36 months, with interest rates as low as 5.5%, depending on the property. Our underwriting process focuses on borrower experience and includes a thorough analysis of:

  • Project economics and exit strategies
  • Property values and credit assessments
  • Micro and macro market conditions

FOR INVESTORS

RIGOROUS RISK MANAGEMENT AND STABLE INCOME

We offer a range of mortgage investments for investors seeking steady quarterly income. Our funds pool together a balanced portfolio of fully-secured commercial mortgages that provide ready liquidity to investors. We adhere to a conservative lending policy that includes:

  • Lending only against properties with definable exit strategies and favourable valuations
  • Investing in short-term mortgages (6 to 36 months) to mitigate interest rate and market risks
  • Conducting thorough due diligence and credit assessments
  • Structuring innovative financings to boost investment returns