We Co-Invest With our Investors

The principles of Tri City invest their money right alongside the investors.  As a result, our success and their success are one and the same. It’s an approach Tri City has used for over fifty years, one that’s given our investors steady returns and we consider it to be a principle of investing.

Our newest offering, The Tri City Monthly Income Mortgage Trust represents this same principle. For the Goodman family, it is designed as a capital preservation strategy which also returns a reasonable amount of monthly income without taking unreasonable risks. It is a diversified investment in the real estate field which is made up of scores of mortgages over carefully selected and largely condominiums, town home and single-family dwellings, which Tri City refers to as liquid properties, because they can be readily marketed. The mortgage contracts commit the borrower to paying a specific amount of interest, which is safeguarded by the equity in those properties. These mortgage contracts in-turn are backed up by the personal guarantees of the borrowers. Most of our mortgages are against properties located in Greater Vancouver.

There are a number of different types of units in the trust, some of which distribute income in priority to the common units and due to this fact are projected to pay a slightly lower return. In addition, the priority units are more likely to receive their distribution than the common units. See the waterfall diagram and the pie chart to get a better understanding of why the priority units are thought to be more likely to receive their distributions.

If you are a cautious investor and you select the prioritized units you will receive your income in priority to the managers and their families who are all invested in the common units. As of February 1, 2021, the P-1 units (“priority”) have been set for 5.00%* while the A-3 units (“common”) are on pace with last year’s (2020) distribution rate of 7%*.

Monthly Income Mortgage Trust

Fund Highlights

Higher Yields

A new opportunity for investors

A proven strategy of carefully selected mortgages backed up by real assets that leads to higher yields that outpace other investments, while also structured to preserve capital.

Strategic Security

Enquire today for more details

Our experienced, conservative approach ensures security and reduces volatility. The manager of Tri City Group Monthly Income Mortgage Trust carefully selects every mortgage and the property behind it.

Sensible Diversification

Our objective is to offer stable, monthly returns

A strict focus on sensible gains and consistent small wins from many lower-risk house mortgages versus bigger, riskier bets on development mortgages.

Proven Track Record

Over 50 years of mortgage
lending experience

Predictable Income

Mortgages are a firm contract to pay an agreed upon rate of interest backed by real estate

Consistent distributions of high yield income are paid monthly. Preferred unit holders are paid in advance of management. Your success precedes ours.

RRSP/RRIF/TFSA Eligibility

A new opportunity for investors

Approved for tax-advantaged investing in all types of Canadian registered accounts, including RRSP, TFSA, RESP and RRIF. Have your money grow tax free within your plan.

50-year history of success

in real estate lending and investing

Mortgage lenders, developers and landholders in Western Canada since the 1960’s

Current Loan to Value Ratio
*As of Jan 2020
for the Tri City Group
Monthly Income Mortgage
Trust

For 50 Years

we have enjoyed steady returns

from funding short-term residential mortgages

Why a Mortgage Trust

A new opportunity for investors

Mortgage trusts can be a lower risk investment than equity funds, and can offer superior, more predictable returns.

Investor Package

Learn more about Trust

Contact us to see how investing in our mortgage trust can improve your investment and earning potential.

Get to Know Us

Monthly Seminars for investors

Meet us online through our video webinars, come to a seminar in our office or call us for a 1 on 1 consultation.

Tri City Group Senior Management

Michael Goodman, BFA

Chairman, Tri City Group of Companies

Mr. Goodman has spent more than 40 years involved in all facets of real estate development, and provides the overall vision and leadership.

Sandy Oh, BA, MA, MBA

President and Director, Tri City Fund Management Ltd.

Mr. Oh brings together over 20 years of business experience in private and public companies to Tri City Group.

Michael Birch

Vice President & Director, Tri City Mortgage Fund Ltd.

Mr. Birch brings to Tri City, more than fifty years of experience in the banking and mortgage industry.

Winston Wong

Director,Tri City Fund Management Ltd. & Senior Real Estate Advisor

Mr. Wong is a 20-year veteran of the finance industry, having served in various positions including Marketing Manager.

Omar Lalani, M.Eng

Vice President Real Estate, Tri City Group of Companies

Mr. Lalani has been working in the building and development industry since 2002.

Our Partners and Consultants

Michael GoodmanCO-INVESTMENT OFFERING