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FDS Syndicated Mortgage Investors Exit Two Brampton Projects with Boosted Returns
MISSISSAUGA, ON--(Marketwired - July 02, 2015) - FDS Broker Services Inc. are pleased to announce that syndicated mortgage investors in two Brampton projects, by Fortress Real Developments and Flato Developments, have achieved complete exits on their investment. This includes full principal repayment and a deferred lender fee on exit of each project where the term was 32 months. Investors in the Countryside Crossing received a 27.14%* return on investment while investors in Mayfield 1 received a 28.85% return. The distribution to investors in both projects was a combination of 8% annualized interest (paid quarterly) for the duration of the term as well as a Deferred Lender Fee paid upon project exit.
"This is the 8th time that a group of our clients, investing in syndicated mortgages that fund Fortress Real Development projects, have realized a full return of their principal while achieving these stellar returns," said FDS Broker Services CEO Zafar Khawaja. "We anticipate several more of these exits through the remainder of this year, and could not be happier for these investors."
"We would like to congratulate Fortress Real Developments, as well as the Flato Developments team, on the successful completion of both projects," said Khawaja. "We are proud to be part of the team bringing this unique project to the residents of Brampton."
"Exceptional real estate development opportunities combining quality location, experienced development partners, and the due diligence performed by Fortress Real Developments are what make these syndicated mortgages such an appealing option for investors," said Tony Popli, COO of FDS Broker Services. "It truly is the best way to invest in the proven market of Canadian real estate development."
A syndicated mortgage allows several investors to pool their funds together into a single mortgage loan. In this case, investors were sought by FDS Broker Services, providing the funds needed by Flato Developments to take their vision for this project from conception to execution. "It's the team from Fortress Real Developments that really brings it all together," said Glenn May-Anderson, President and Principal Broker of FDS Broker Services. "Fortress has incredible expertise and experience in finding these dynamic real estate development opportunities, and our investors realize 8% annual returns as a result."
Through its relationship with Fortress Real Developments, FDS Broker Services helps everyday investors combine their resources in order to fund large-scale Canadian real estate developments, in partnership with blue-chip developers, via a registered mortgage instrument. These syndicated mortgages offer investors remarkable returns, as well as a viable alternative to the products typically held in their portfolios that are not generating the same yield, or are constantly fluctuating in value.
"It's an excellent product for clients with an investment time frame of 3 to 5 years who are looking to get off the roller coaster of investments that fluctuate in value," said Popli. "We have new projects coming available on a regular basis, so if you're looking for a consistent rate of return, less stress, and yields of 8% or more, you need to contact us today."
These mortgage investments can be made with cash, and are also RSP, LIRA, LIF, RIF, RESP, and TFSA eligible, with a minimum investment of $30,000 required. Mortgage investing is not necessarily for everyone, and investors must speak with a licensed mortgage broker or agent to see if they qualify.
About the Companies
FDS Broker Services Inc. - FDS Broker Services (FSCO LIC #12367, Nova Scotia LIC #1908783) is Canada's premier distributor of syndicated mortgage investments in Fortress Real Developments projects, which offer clients an annual 8% fixed rate of return on their investment in the proven market of Canadian real estate development. For more information please visit: www.fdsbroker.com
Fortress Real Developments Inc. - Fortress Real Developments Inc. is a Canadian real estate development company that seeks out and analyzes opportunities in major Canadian markets. The company is focused on quality projects with recognizable alpha in residential low-rise, high-rise, commercial and industrial market segments. For more information on Fortress projects, visit: www.fortressrealdevelopments.com
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