The EvCorp Capital Advantage
Relation to Everest Development Group
EvCorp Capital (formerly Everest Real Estate Fund) is a related party to Everest Development Group Inc. (www.everestgroup.ca) , an Edmonton-based development company that has a very successful history of building homes, servicing subdivisions and constructing other commercial and residential projects.
This relationship to Everest Development Group differentiates EvCorp Capital in two important ways:
- Reduced overhead. Since we only lend to Everest projects, EvCorp has a much lower overhead than other Mortgage Investment Corporations, which allows us to put more money back into the investor’s pocket.
- Lower risk. As a related entity, EvCorp Capital has a detailed knowledge of the mortgagor, and is continuously appraised of project performance.