Firm Capital Mortgage Investment Corporation FC.TO

Company Overview

Firm Capital Mortgage Investment Corporation is a Canadian mortgage investment corporation focused primarily on originating, investing in, and managing short-term real estate loans. The company operates in the alternative lending and real estate finance industries, with an emphasis on bridge financing, conventional first mortgages, construction loans, and mezzanine financing for residential and commercial real estate projects. Revenue is generated mainly through interest income earned on mortgage investments and related lending activities, with additional income from fees associated with loan origination and administration.

The company primarily serves real estate developers, property investors, and commercial borrowers across Canada who may require flexible financing solutions outside traditional bank lending channels. Firm Capital Mortgage Investment Corporation is externally managed by Firm Capital Corporation, part of the broader Firm Capital group of companies, which provides asset management and real estate investment expertise. Established in the 1990s, the company evolved from a niche real estate lender into a publicly traded mortgage investment corporation listed on the Toronto Stock Exchange under the symbol FC, building a portfolio concentrated in income-producing and development-oriented real estate financing.