Private Mortgage Placements suit investors who want full visibility into where their capital is going and a direct stake in a single, tangible asset. Here’s who typically gets the most out of this approach
A Different Kind of Real Estate Investment
Where our MIC funds pool capital from multiple investors across a portfolio of mortgages, a Private Mortgage Placement works differently. You fund a single mortgage directly, secured by a registered charge on a specific BC property. The borrower pays interest on your loan, and that interest flows directly to you.
It’s a more hands-on approach than the MIC funds, suited to investors who want to know exactly where their money is, what it’s secured by, and what the exit looks like. You provide the capital; Great Pacific handles the underwriting, documentation, and ongoing oversight.
From Introduction to Investment in Four Steps
We identify the opportunity
Great Pacific sources private mortgage opportunities through our lending network. Every opportunity goes through the same underwriting standards we apply to our MIC fund loans. We only bring placements forward that we’d be comfortable holding ourselves.
We walk you through the details
Before you commit, you’ll receive full details on the property, the borrower profile, the loan-to-value ratio, the interest rate, and the term. You decide whether it’s the right fit. There’s no obligation until you say yes.
Legal documentation is completed
Your investment is registered as a mortgage on the title of the property. This is the same security mechanism banks use: a registered charge that gives you a legal claim on the asset.
You earn interest for the term
Interest payments flow to you for the duration of the mortgage term. At maturity, the borrower repays the principal. Great Pacific stays involved throughout, managing the borrower relationship and stepping in if anything needs attention.
Is a Private Placement Right for You?
Good fit if you...
- Have capital to deploy in a single position
- Are comfortable with a less liquid investment for the term of the loan
- Want direct security against a specific asset rather than a pooled position
- Prefer a higher-touch relationship with your investment manager
- Want to know the exact property and borrower behind your investment
MIC funds may suit you better if you...
- Are starting with a smaller amount (from $5,000)
- Prefer diversification across many mortgages rather than one
- Want quarterly dividends from a managed pool
- Prefer a more passive investment structure
Many Great Pacific investors hold both: some capital in the funds for diversification, some in private placements for direct exposure.
