Mortgage Finance Industry | Financial Services Sector | Mr. Robert G. Goodall MBA CEO | OTC PINK Exchange | - ISIN |
Canada Country | - Employees | 12 Dec 2024 Last Dividend | 16 Nov 2022 Last Split | - IPO Date |
Atrium Mortgage Investment Corporation is a prominent mortgage lender based in Canada, specializing in offering a wide range of mortgage services to both residential and commercial sectors. Since its inception in 2001, Atrium has been committed to providing tailored financing solutions, focusing on diverse mortgage loan types. It stands as a pivotal financier in the real estate market by facilitating the procurement, development, and expansion of real properties across Canada. With its head office in Toronto, Atrium is recognized for its comprehensive and flexible financing options that cater to the unique needs of borrowers, making it a distinctive player in the Canadian mortgage lending landscape.
This service caters to investors and developers seeking funds for purchasing or developing land for future construction projects. Atrium Mortgage Investment Corporation provides strategic financing solutions that support the initial stages of development, enabling clients to turn their vision into tangible assets.
Atrium offers construction financing to cover the costs associated with the construction phase of both residential and commercial properties. This includes funding for labor, materials, and other expenses essential to the completion of construction projects. Additionally, Atrium provides mezzanine financing, which is a hybrid of debt and equity financing used typically to finance the expansion of existing companies, acting as a complementary solution to traditional construction loans.
The corporation extends commercial term loans designed for long-term financing needs, such as refinancing existing loans, acquiring properties, or making substantial improvements to commercial real estates. Bridge financing, on the other hand, is a short-term loan used to "bridge" the gap between immediate financing needs and the future acquisition of long-term funding. This is particularly useful for businesses and investors in the process of transitioning between financial stages.