Prepare an
Offering Memorandum for a private placement of units in a syndicated mortgage with this template form for Alberta. Syndicated mortgages are often used by developers of large housing projects such as condominiums, as a means of raising capital to develop the property.
- Investors can purchase mortgage units, each Unit consisting of an undivided interest in a conventional mortgage equal to a percentage which each Unit bears to the total number of Units sold pursuant to the offering, subject to a Co-Owners Agreement governing the rights and obligations among the subscribers.
- Each investor will be named on the title as an owner, as tenants in common with the other investors.
- The investment is highly speculative, and is intended for investors who are prepared to accept the risk inherent in real estate development.
This
Alberta Offering Memorandum for Syndicated Mortgage Investment is provided in MS Word format.