The Canadian Real Estate Finance Industry Landscape: An Authoritative Profile of Bank, Non-Bank & Private Capital Providers

Post date: Apr 22, 2014 12:47:52 PM

Abstract:

The formal and informal Canadian real estate finance industry has undergone dynamic changes over its history. In the formal market, the historically dominant capital providers within the Canadian real estate finance marketplace were federally regulated financial institutions. Over the years, the available supply of capital has expanded to other industry participants including, trust & loan companies and co-operative credit associations. In the 1970's further expansion of capital providers was effected through the creation of specialty purpose real estate lending institutions named mortgage investment corporations. With the advent of the internet age, innovations in technology and improved regulatory regimes, the availability of real estate finance capital has further expanded to the private sector wherein individual investors and private companies with surplus capital are entering the industry as capital providers. The growth of non-federally regulated private capital providers participants suggests there has been a conversion of members of the informal real estate finance provision industry, namely, "friends and family"; into the formal - albeit less regulated - real estate finance provision industry.

This report identifies and defines three classifications within the formal and informal real estate finance industry: Bank, Non-Bank and Private. Further analysis describes sub-classes and the interaction of all levels with one another; along with an analysis of their affect on the Canadian real estate finance borrowing marketplace.

To purchase this report, email: publishing[at]privatemortgageinstitute.org with the following details:

- your contact information

- your credentials

- how you foresee the application of this report for your purposes