Funds

Funds

Track Record

Fund I – $25,000,000

Achieved 22.2% annualized net investor return

  • The Fund was formed in 2011 and was fully repaid in 2017.
  • The capital was invested between mid-2011 and 2013 and comprised 6 investments.
  • The Fund delivered a net IRR of 22.2%. Investors received 1.92x their investment.

Fund II – $65,125,000

Projected 19.3% annualized net investor return*

  • The Fund was formed in mid-2014 and was fully invested in 16 investments.
  • As of Q4 2019, the Fund had fully repaid investors’ contributed capital.
  • In addition, the full 8.0% preferred return has been distributed.
  • The net IRR to our investors is estimated to be 19.3%. These investments are projected to generate an equity multiple of 3.24x.

* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.

Fund II – $65,125,000

Projected 19.3% annualized net investor return*

  • The Fund was formed in mid-2014 and was fully invested in 16 investments.
  • As of Q4 2019, the Fund had fully repaid investors’ contributed capital.
  • In addition, the full 8.0% preferred return has been distributed.
  • The net IRR to our investors is estimated to be 19.3%. These investments are projected to generate an equity multiple of 3.24x.

* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.

Fund III – $66,350,000

Projected 17.4% annualized net investor return*

  • The Fund was formed in the fall of 2016.
  • The Fund is fully invested in 13 investments.
  • The net IRR to our investors is estimated to be 17.4%. These investments are projected to generate an equity multiple of 2.23x.

* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.

Fund IV – $92,850,000

Projected 17.0% annualized net investor return*

  • The Fund was formed in the fall of 2018.
  • The Fund is fully invested in 11 investments.
  • The net IRR to our investors is estimated to be 17.0%. These investments are projected to generate an equity multiple of 2.17x.

* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.

Fund IV – $92,850,000

Projected 17.0% annualized net investor return*

  • The Fund was formed in the fall of 2018.
  • The Fund is fully invested in 11 investments.
  • The net IRR to our investors is estimated to be 17.0%. These investments are projected to generate an equity multiple of 2.17x.

* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.

Fund IV – Featured Investments

Bloor Street West & Royal York Road

St. Clair & Spadina

Dixie & Highway 401

Bayview & Finch

Fund III – Featured Investments

Bloor & Parliament

Victoria Park & Gerrard

North & Austin

Queen & Hwy 410

Fund II – Featured Investments

Queen & Spadina

Church & Carleton

Roncesvalles & Bloor

York Downs Golf Course

Fund I – Featured Investments

Richmond & Bay

Shuter & Dalhousie

Dundas & Carlaw

Queen & River