This year Magenta celebrates its 25th anniversary. We want to say thank you to all the investors, brokers and borrowers we have had the pleasure of working with since opening our doors in 1994.
Before we became one of Canada’s largest mortgage investment corporations, Magenta had its humble origins in the home basement of our CEO and founder Gavin Marshall in Perth, Ontario. Our first official company purchase was a used office chair, and our first employee was hired eight years later.
From the start, Magenta has focused on one thing above all else. That’s providing excellent service for our investor, broker and borrower partners. Putting these relationships at the heart of Magenta has been key to our success: We’ve grown from $4 million in assets under management at the time our first employee was hired in 2002, to over $300 million AUM and 35 employees today.
“At the end of the day, it’s the service we’re providing that matters most. We don’t hold any patents or have an ore body in our backyard. It’s important that we do what we say we’re going to do. That we uphold our commitments in order to build trust in the relationships we have with our investor, broker and borrower partners,” said Marshall. “We look forward to growing and strengthening these relationships for years to come.”
About Magenta Capital Corporation
Magenta is one of Canada’s leading residential, private MICs. Since 1994, we’ve specialized in flexible mortgage solutions for Ontarians who fall just outside of bank lending criteria, while delivering on strong, consistent returns for shareholders across Canada. Our goal is to empower our customers, partners and employees to build a better tomorrow.
For more information, visit www.magentacapital.ca.