We’ve just launched a new portal to help you explore stocks, crypto, ETFs, and more data

FC

TSX
11.89000 CAD
0.04
0.34%
Last update May 8, 3:59 PM EDT
Market closed
Day range
11.84000
12.050000
Previous close
11.93000
Open
11.85000
Access this stock data via API
Subscribe
Firm Capital Mortgage Investment Corporation
11.89
0.04
0.34%

Overview

Description

Firm Capital Mortgage Investment Corporation is a mortgage investment entity that provides residential and commercial real estate financing solutions across Canada. Its primary function is to create value for shareholders by offering a diverse portfolio of mortgage loans, which includes traditional first and second mortgages, construction mortgages, and mezzanine loans. The corporation serves various sectors such as residential, industrial, and retail real estate markets, impacting the broader Canadian real estate industry significantly. Firm Capital distinguishes itself through its strategic focus on balance-sheet stability and risk management, attracting investors interested in income-generating assets. By providing flexible financing options, it plays a vital role in supporting property developers and buyers who might not fit the traditional lending criteria of banks. By investing in short-term bridge loans and longer-term mortgages, the corporation has solidified its presence in the financial market as a reliable provider of alternative lending. As part of its market significance, Firm Capital enhances liquidity and capital flow, enabling increased residential development and commercial expansion within its targeted regions. Headquartered in Canada, it continues to uphold a reputation for its disciplined underwriting approach and comprehensive market expertise.

About

CEO
Mr. Eli Dadouch
Employees
1
Address
163 Cartwright Avenue
Toronto, M6A 1V5, ON
Canada
Phone
416-635-0221
Instrument type
Common stock
Sector
Financial Services
Industry
Mortgage Finance
Country
Canada
MIC code
XTSE
Market closed

Exchange is currently closed
Pre-market opens in 21 minutes

07:38
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).