What we do
Magenta Capital Corporation is one of Canada’s leading residential, private Mortgage Investment Corporations (MICs), exceeding $400 million in assets under management. Since 1994, our business model has consisted of raising capital to support our traditional lending operations. Magenta mortgages are secured by quality residential real estate in strong, stable urban real estate markets in Ontario. Our portfolio has a heavy overweighting of first mortgages secured by owner-occupied single-family homes.
Our purpose is to connect people with opportunities to build a better tomorrow.
HOW WE DO IT
As a MIC (Mortgage Investment Corporation), we raise capital to source and administer mortgage solutions that meet the needs of alternative borrowers and our proprietary underwriting criteria.
Investors purchase shares in a pool of mortgages that represent ownership in a professionally managed, primarily residential portfolio. Magenta distributes income to shareholders in the form of monthly dividends.
Share capital and proceeds fund new mortgages, offering the dream of homeownership to alternative borrowers. Investors are able to capitalize on the highly desirable Ontario residential real estate market.
HOW WE DO IT
More about MICs
Your tomorrow is our top priority
Client-centricity guides every decision we make. We are constantly monitoring industry and economic trends, listening to customer feedback, and evolving. Our team of experts – built on the leadership of our CEO and Founder, Gavin Marshall, work together to fulfill our mission of helping our investors, borrowers and broker partners build for their tomorrows.
Join our award-winning team. You’ll receive benefits and a flexible, competitive compensation package with the opportunity to grow your career in an entrepreneurial atmosphere.Learn more about careers at Magenta