What Is EvCorp Capital?

EvCorp Capital (formerly Everest Real Estate Fund Inc.) is a Mortgage Investment Corporation (MIC) as regulated by section 130.1 of the Income Tax Act of Canada.

A MIC allows individual investors to pool their monies together to invest primarily in real estate.

Everest Real Estate Fun Diagram

Net profits of a MIC are distributed to investors annually.

The management of EvCorp Capital has undertaken to provide to its investors a targeted return of 8%.

EvCorp Capital’s investor funds are secured by mortgages backed by Canadian Real Estate.