Commercial Mortgages

Top Reasons for Choosing Addenda Capital to Manage your Commercial Mortgages

• Our highly skilled experts are fully dedicated to sourcing and evaluating commercial mortgage investments and bring decades of experience over multiple real estate cycles.
• Our thorough underwriting process allows us to build a well-diversified portfolio of high-quality commercial mortgages that meet or exceed regulatory standards.
• We take a “limited risk” approach to managing commercial mortgages translating into an appealing risk/return proposition.
• We actively manage the five major risk parameters associated with corporate mortgages, namely borrower risk, property risk, interest rate risk and tenant risk, all of which are overlaid by economic risk.
• We take ESG factors into consideration when appropriate and we actively pursue lending opportunities with positive ESG attributes.

We believe that:

• A portfolio comprised of high-quality commercial mortgages significantly contributes to the longer-term stability of portfolio returns.

• A rigorous, highly disciplined underwriting process and a thorough in-house loan tracking and administration system are central to successful commercial mortgage investing.

Addenda Capital’s investment approach to Commercial Mortgages includes three steps:

• Market and economic assessments include macroeconomic, local and regional research to identify areas of interest, while bottom-up quantitative and qualitative analyses help to pinpoint the most attractive investments in a market.
• Best practices in loan management, including disciplined underwriting and loan administration, serve to provide consistent returns. In-house specialists monitor the loan lending and repayment process throughout the investment life cycle, ensuring full protection of client interests.
• Risk management: Our portfolios consist of high-quality first mortgages that are diversified by asset type, location and borrower. Each year, we conduct a third-party review of all significant mortgage investment positions.