Dundarave Mortgage Investment Corporation

Dundarave Mortgage Investment Corporation Dundarave was incorporated in 2008 by a group of related professionals to create a vehicle that could provide superior returns while minimizing risk. David L. W.

Dundarave provides an opportunity for investors to pool their capital to invest in superior mortgages. The Management Team of Dundarave Mortgage Investment Corporation is made up of seasoned professionals and experienced, successful real estate investors and lenders. They bring decades of experience to Dundarave to safely and wisely select the very best mortgage opportunities available. (They are

also significant shareholders in Dundarave, investing alongside other investors on equal footing.) Management Team

David W. Beckingham has been a mortgage broker for over 30 years and is currently the President and CEO of Dominion Lending Centres Commercial Capital Inc., a mortgage brokerage company. Thomas has been a partner at Bull, Housser & Tupper, Barristers and Solicitors, but currently practices law as a sole practitioner. He is currently the Chief Executive Officer and Director of Gstaad Capital Corp., trading on the Toronto Venture Exchange. Peter M. Kains is currently a private commercial real estate investor but in the past has acted as President of Gray Beverage Inc. (Pepsi) for the period 1973 to 1995 and Chairman and CEO of Okanagan Spring Brewery for the period 1995 to 1997. His soft drink career from 1962 to 1995 spanned eight cities in Canada from coast to coast. Marc Strongman has been a real estate investor and developer since 1987 for various private and family-owned companies. Gerald Strongman was a private real estate investor and previously acted as Executive Vice-President of Colour Your World Paint, Chairman of B.C. Rail for the period 1986 to 1991, and as a British Columbia M.L.A. for the period 1975 to 1979. Joanne S.T. Thomas has been a mortgage broker since 2006, first with Centum Capital Group Inc., then Dominion Lending Centres Commercial Capital Inc., and now, is the Vice President and Fund Manager of DMIC. Prior to this, she was a lawyer practicing predominantly in the area of real estate and mortgage transactions. Jorian De Vries has been a mortgage broker since 2005 and now works for Dominion Lending Centres Commercial Capital Inc. He has extensive experience owning and managing real estate. He is also the owner of Capital Properties Ltd. Follow our Instagram page too!
https://www.instagram.com/dmicmortgages/

01/15/2025

As RRSP season approaches, don't hesitate to get in tough if you have any questions about investing in our diversified portfolio of mortgages.

Join us tomorrow (November 21) at 4:00pm (Pacific time) for DMIC's annual shareholder information meeting. Email jthomas...
11/20/2024

Join us tomorrow (November 21) at 4:00pm (Pacific time) for DMIC's annual shareholder information meeting. Email [email protected] for the Zoom link.

Dundarave Mortgage Investment Corporation (DMIC) welcomes Mr. Chris Kayat to its Board of Directors.Mr. Kayat is one of ...
09/09/2024

Dundarave Mortgage Investment Corporation (DMIC) welcomes Mr. Chris Kayat to its Board of Directors.

Mr. Kayat is one of the most successful and influential businessmen in the Canadian mortgage industry.

Starting his career as one of the most productive realtors in British Columbia, Mr. Kayat eventually became the largest Royal LePage owner in Western Canada (by market share and overall agent count) before selling his franchises to Royal LePage Corporate in 2014. Mr. Kayat went on to become the co-founder and Executive VP of industry giant, Dominion Lending Centres (DLC), one of Canada’s leading brokerage networks which, through its 8,500 mortgage professionals working at more than 500 DLC franchises, funded more than $60 billion in mortgages last year. DMIC has a long-standing relationship with DLC and its network of brokers. Mr. Kayat has joined the Board of Directors to lend his expertise and help the investment pool grow, as DMIC continues to be a leader in funding a variety of real estate projects in BC and Alberta.

DMIC will be accepting new investors this fall. For more information, contact [email protected].

Last Quarter returns to investors: 11.49% (*net of fees, annualized rate of return). Investment secured by primarily fir...
11/19/2023

Last Quarter returns to investors: 11.49% (*net of fees, annualized rate of return). Investment secured by primarily first mortgages on real estate in B.C. and Alberta. Want to learn more? Join our annual shareholder meeting by Zoom, this Wednesday, November 22 at 4:00pm. Message us ([email protected]) for the Zoom Link.

DMIC has $$$ and is looking for new mortgage deals!We are common sense Equity lenders!We provide the following types of ...
06/14/2022

DMIC has $$$ and is looking for new mortgage deals!
We are common sense Equity lenders!

We provide the following types of mortgages:
· Residential Home Purchase and Refinancing
· Land Assembly and Development
· New Construction and Renovation
· Commercial Property Financing
· Raw Land Financing
· Apartment & Multi-Family Financing

It typically charges a 1-2% lender's fee (deal dependent) and the broker charges his or her own fee. We can also collect the fee on the broker’s behalf if this is requested.

We pride ourselves on providing a quick turnaround time for our clients.

DMIC Residential & Commercial Mortgage General Guidelines:
· Up to 75% LTV
· B.C. & Alberta
· 1st and 2nd mortgages
· Open after 3 months or upon payment of 3 months' interest
· Interest reserve option available

For further information or to submit a deal, please contact Joanne Thomas at [email protected] or 604-985-5626.

01/28/2022

As we move into 2022, we would like to remind you of the Registered Retirement Savings Plan (RRSP) contribution deadline.

While there are other benefits which involve a bit more planning, the primary benefits of an RRSP are:

Contributions are a tax deduction. They can reduce the overall taxes you pay. This can also increase your income tested government benefits.

Tax Free Compounding: Investments can grow without paying taxes on dividends and capital gains until you withdraw the money in retirement.

A spousal RRSP can reduce your combined tax burden

March 1, 2022 is the deadline for contributing to your RRSP for the 2021 tax year. And, December 31 of the year you turn 71 years of age is the last day you can contribute to your own RRSP.

Should you wish to contribute to your RRSP, TFSA, RESP or other registered plans by further investing in DMIC, we would be happy to assist you. Please feel free to give us a call.

The DMIC Shareholder Information Meeting will be held on Tuesday, November 9, 2021, at 4 pm (Vancouver time). As we are...
11/05/2021

The DMIC Shareholder Information Meeting will be held on Tuesday, November 9, 2021, at 4 pm (Vancouver time). As we are unable to host the meeting in-person again this year, it will be held on the Zoom videoconference platform. However, we will continue with our regular format discussing the fund’s current mortgage portfolio and recent trends, and we will answer any questions you may have. People who are not current investors are also invited to attend to learn more about DMIC and the opportunities for your investment portfolio, including your RRSP, RRIF, RESP and TFSA. Contact Joanne Thomas ([email protected]) by email for the Zoom link to the meeting.

Address

1555-1500 West Georgia Street
Vancouver, BC
V6G2Z6

Telephone

+16049855626

Website

Alerts

Be the first to know and let us send you an email when Dundarave Mortgage Investment Corporation posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category