Firm Capital Mortgage Investment Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Eli Dadouch
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 163 Cartwright Avenue Toronto ON Canada M6A 1V5
- IPO Date
- Mar 5, 2013
- Website
- firmcapital.com
- Similar Companies
- Business
- Firm Capital Mortgage Investment Corporation is a Canadian mortgage investment corporation specializing in residential and commercial real estate mortgage loans and related debt investments. The company originates, funds, purchases, and services short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investment loans. Its mortgage services encompass a range of lending programs such as construction and development lending, investment property financing, bridge financing, mezzanine loans, equity investments, alternative residential lending, and infill construction financing. Firm Capital operates through its mortgage banker, Firm Capital Corporation, providing tailored mortgage financing solutions primarily within niche markets underserved by large lending institutions. The company aims to preserve shareholders' equity while delivering a stable stream of monthly dividends by maintaining a diversified mortgage portfolio. Founded over 35 years ago and headquartered in Toronto, Ontario, Firm Capital Mortgage Investment Corporation leverages a strategic focus on niche and alternative lending markets across Canada. In 2025, it completed a $25 million bought deal financing offering of convertible unsecured subordinated debentures, expanding its capital base with significant participation from major Canadian financial institutions. The corporation has also increased its provision for expected credit and fair value losses, reflecting prudent risk management in a fluctuating real estate market. Recent strategic updates include diversification of its mortgage portfolio with an emphasis on investments averaging around $2.5 million to $23 million, and ongoing development of specialized lending programs such as the Purpose Built Rental Construction Financing Program offered by Firm Capital Corporation. These initiatives support its investment objective of stable returns in selected real estate sectors. Firm Capital maintains an active public presence with quarterly financial disclosures and continues to pursue growth via mortgage origination, loan servicing, and capital market advisory services. The company also emphasizes risk adjustment for market and regulatory factors, ensuring sound investment practices and shareholder value preservation. With a comprehensive suite of mortgage products, including construction loans, conventional mortgages, mezzanine debt, and equity participation, it serves real estate developers, investors, and property owners across Canadian provinces. The firm’s recent capital raise and operational adjustments underscore its commitment to adapting to market dynamics and sustaining dividend distributions to shareholders while focusing on credit quality and portfolio diversification.
Firm Capital Mortgage Investment Corporation Announces Q4 2025 Results And Declares Monthly Cash Dividends For April, May And June 2026
Firm Capital Mortgage Investment Corporation: Confirmation of Special Year-End Dividend Amount
Firm Capital Mortgage Investment Corporation Announces $20 Million Bought Deal Financing
Firm Capital Mortgage Investment Corporation Announces Q2/2025 Results, as Well as the Declaration of October, and November Monthly Cash Dividends
Firm Capital Mortgage Investment Corporation Announces Election of Directors
Firm Capital Mortgage Investment Corporation Announces Q1/2025 Results, as Well as the Declaration of July, August, and September Monthly Cash Dividends
Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends
Firm Capital Mortgage Investment Corporation Announces Early Redemption of 5.40% Convertible Debentures due June 30, 2025
Firm Capital Mortgage Investment Corporation Announces Q4/2024 Results
Firm Capital Mortgage Investment Corporation Announces a Special Dividend, Bringing the 2024 YTD Total to $0.992/Share
Firm Capital Mortgage Investment Corporation Announces Q3/2024 Results
Firm Capital Mortgage Investment Corporation Announces Exercise, in Full, of Over-Allotment Option
Firm Capital Mortgage Investment Corporation Announces Q2/2024 Results, as Well as the Declaration of October, and November Monthly Cash Dividends
Firm Capital Mortgage Investment Corporation Completes $22 Million Bought Deal Financing
Firm Capital Mortgage Investment Corporation Completes $22 Million Bought Deal Financing
Firm Capital Mortgage Investment Corporation Announces Upsizing of Previously Announced Bought Deal Offering
Firm Capital Mortgage Investment Corporation Announces $20 Million Bought Deal Offering
Firm Capital Mortgage Investment Corporation Files (Final) Base Shelf Prospectus
Firm Capital Mortgage Investment Corporation Files Preliminary Base Shelf Prospectus
Firm Capital Mortgage Investment Corporation Announces Election of Directors