CMCC Capital Fund IV Limited Partnership

  • $92,850,000 of Total Committed Capital
  • Manager commitment of $5,000,000, or 5.4%
  • Closed Q4 2018
  • The fund currently has six committed investments representing approximately 42% of the total committed capital of the limited partners
  • The six committed investments are all equity joint ventures located in the Greater Toronto Area (GTA). Three of them are residential condominium projects located in 416, and the other three are industrial and multi-residential rental projects
  • Anticipated annualized investor return, before management fees, greater than 20%

Anticipated annualized investor return, before management fees, of greater than 20%

INVESTMENTS

EQUITY JOINT VENTURE
LOCATION TYPE OF
REAL ESTATE
TOTAL
INVESTMENT
ESTIMATED
PROJECT
IRR*
INITIAL
FUNDING
DATE
ESTIMATED
REPAYMENT
DATE
RESIDENTIAL
Front Street & Sherbourne Street Toronto high-rise residential $8,062,500 18.41% Dec-18 Aug-24
Queensway & Royal York Road  Etobicoke  mixed-use $7,312,500  20.92%  Mar-19  Aug-23 
Yonge Street & Strathgowan Avenue  Toronto  mixed-use $6,550,000  20.31%  Feb-19  Dec-21 
COMMERCIAL
Danforth Avenue & Main Street Toronto multi-residential $7,303,709 25.93% May-19 Apr-22
Williams Pkwy and Humberwest Pkwy Brampton industrial $5,200,000 20.95% Jun-19 May-22
Dixie Road & Hwy. 401  Mississauga industrial  $4,335,000  16.73% Jan-19 Jan-22 
TOTAL INVESTMENTS
$38,763,709 20.77%