1effective September 30, 2025.
2Unaudited annualized returns since inception as at June 30, 2025.
| Fund Name | Trez Capital Private Real Estate Fund Trust |
| Launch | August 31, 2021 |
| FundServ Code | TRZ620 |
| Structure | Trust |
| Currency | Canadian Dollar |
| Security Type | Private Equity Real Estate |
| Minimum Subscription | $5,000,000 CAD |
| Purchase Frequency | Monthly |
| Liquidity | T+20, please refer to Offering Memorandum for other important information |
| Target Returns | The objective of the Trust is to generate a total net return (including capital appreciation and income) that exceeds 12.00% per annum over a ten-year hold period |
2025
| Series | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I | $115.53 | $114.76 | $114.19 | $117.66 | $114.94 | $112.79 | $112.31 | $111.35 | $109.53 | - | - | - |
2024
| Series | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I | $117.45 | $118.67 | $119.03 | $118.52 | $117.69 | $117.90 | $118.99 | $118.13 | $117.38 | $116.59 | $115.71 | $114.34 |
2023
| Series | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I | $120.91 | $121.28 | $121.97 | $118.23 | $118.41 | $118.71 | $119.04 | $119.73 | $119.73 | $118.30 | $117.38 | $116.79 |
2022
| Series | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I | $103.04 | $103.39 | $108.04 | $108.67 | $109.32 | $109.51 | $110.12 | $111.17 | $115.42 | $117.38 | $117.58 | $117.73 |
2021
| Series | August | September | October | November | December |
|---|---|---|---|---|---|
| I | $100.00 | $100.00 | $100.49 | $100.69 | $102.94 |
Special Distribution
| Year | Series | June |
|---|---|---|
| 2025 | I | $1.6583 |
| Management Fee | An annual percentage fee, as determined by the Manager, of the Net Asset Value as calculated and payable on a quarterly basis.1 |
| Acquisition Fees | 1.00% of the purchase price, proforma cost, or capital commitment of any Trust investment. |
| Exit Fees | 0.50% of the sale price of any asset sold by the Trust, multiplied by Trust’s percentage ownership at sale. |
| Manager Participating Interest | 5.00% of any distribution or redemptions proceeds paid to any or all unitholders. |
1The early investor feature will reduce the management fees as outlined in the Offering Memorandum for up to the 1st year of the existence of the trust.
To discuss minimum investment amounts and eligibility, please contact Trez Capital Fund Management L.P.
As previously announced on August 18, 2025, Trez Capital Fund Management Limited Partnership (“Trez Capital”), in its capacity as manager of Trez Capital Private Real Estate Fund Trust (the “Trust”), temporarily suspended the Redemptions of Units of the Trusts effective 4:00 PM ET on August 18, 2025 as contemplated by the applicable Declaration of Trust creating the Trusts (each, a “Declaration of Trust”). The suspension applies to all Redemption requests placed on or before August 18, 2025 for which payment has not yet been made and the Trusts will not accept any Redemption requests after the Effective Time until such time as the Suspension has been terminated. No payment will be made in respect of unsettled Redemption requests placed on or before August 18, 2025. The suspension will continue until the first day on which the condition giving rise to the suspension ceases to exist in the opinion of Trez Capital, acting reasonably, provided that no other condition under which a suspension is authorized then exists. In the event another condition under which a suspension is authorized then exists, the suspension will continue until the first day on which such new condition giving rise to the suspension ceases to exist in the opinion of Trez Capital and provided that no other condition under which a suspension is authorized then exists. Unless a suspension is earlier terminated by Trez Capital in its discretion and in accordance with the Declaration of Trust, if no other condition under which a suspension is authorized exists as of the date that is 180 days (or, in the case of Trez Capital Private Real Estate Fund Trust, 12 months) from the effective time of a suspension, such suspension will be terminated and the Trusts will resume Redemptions of Units in accordance with the Declarations of Trust and such processes as may be determined by Trez Capital.
Institutional Investors form a core part of our investor base. As investors seek ways to diversify away from equities and traditional fixed income to enhance cash flow and mitigate risk, Trez Capital’s tailored institutional offerings provide a variety of attractive alternative investment solutions.
To learn more about our private mortgage pools for institutional clients please contact:
T: 416.342.0470
TF: 1.877.689.0821
E: institutional@trezcapital.com
A conservative short-term commercial mortgage strategy.
A diversified, balanced short-term commercial mortgage strategy.
An opportunistic, short-term commercial financing strategy focused on core U.S. markets.
An opportunistic, short-term commercial financing strategy focused on core U.S. markets.
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