Investors
Through our three types of real estate bonds & units, investors benefit from tax efficiency, quarterly cash flow, and participation in capital appreciation or development profit secured by residential real estate. It’s a smart strategy to add real estate investment into your financial portfolio without the responsibilities of direct ownership.
Developers
Our buying strength and funding capabilities provide carefully selected developers the confidence and sales volume to accelerate project timelines. North American Home Finance gives you the ability to move your projects from conception to completion smoothly, with added resources and results.
Home Buyers
RealProperty Units
Secured, tax-efficient development returns
RealProperty Units offer investors long-term growth and optimum tax efficiency secured against development property. Profit participation is based on the realized growth in the underlying real estate development from property appreciation as well as development profits. Approximately 75% of the return is deemed capital gains.
HomeBuild Bonds
Short-term, secured plus growth participation
For investors seeking a short-term return in a secured investment, HomeBuild Bonds are an attractive choice. They are a more secured alternative to syndicated mortgages and limited partnerships. HomeBuild Bonds offer a priority rate of return, as well as participation in the profits generated by the real estate development.
Residential Yield Units
Quarterly income plus growth participation in a secured investment
Residential Yield Units enable investors to generate quarterly income from residential real estate without having to purchase or maintain rental property. For tax purposes, cash flow comprises both interest and distribution income treated as return of capital. In addition to quarterly income, investors also profit from the capital growth of the rental properties, which is taxed as a capital gain on redemption of the units or at maturity.
EDIT AT OWN RISK!
No Current Offering
No Current Offering
Terms
- Investment offering for a maximum of $6,500,000
- 9.6% targeted preferred annual return paid at completion of the project
- Plus 70% share of profits in excess of preferred return
- Preferential tax treatment with up to 85% of returns treated as capital gains
Security
- Collateral Mortgage security against title to the real estate being developed
- $1.5 million of subordinated developer equity
- Investment indenture administered by the TSX Trust company of Canada
Purpose
- Fund the acquisition and development of a 6-storey condo/apartment project
in Kelowna BC
Terms
- Targeted $750,000 offering (up to a maximum of $1,000,000)
- 8% p.a., paid at maturity
- Targeted 36 months – paid out on the 40th home completed
- Profit share equal to 35% of principal invested
- Preferential tax treatment – 85% + of returns treated as capital gain
- Example: $100,000 invested at year three equals $159,000 value ($8,000 x3 + $35,000)
Security
- Saanich Ridge Development Ltd development project assets
- 4:1 equity coverage over Real Property Units invested capital
Use of proceeds
- Phase one home construction (Lots already have services and development permit)
CLOSED
Terms
- $1.25 million offering
- 75% of return deemed capital gains (preferred tax structure)
- 30 months
- Rollover option at 97% principal
Security
- Saanich Ridge Estates
- Located north of Victoria, British Columbia in the middle of the Saanich Peninsula
- Loan-to-Value: 33%
- Bonds rank ahead of development company, trades and payables
Use of proceeds
- Phase 1 horizontal development (clearing, drainage, water, hydro)
CEO
North America Home Finance Inc.
George Lawton, CPA, CA
CEO
George Lawton oversees financial reporting and operations for North America Home Finance Inc. His financial, accounting, and operational systems functions experience crosses a broad spectrum of technology and industrial companies. George’s tenure as a senior executive includes leading companies employing as many as 3,000 employees. He earned a Bachelor of Commerce degree as well as a Post Graduate Diploma in Accounting from the University of Natal in Durban, South Africa. George holds the designation of Chartered Professional Accountant.
Don Garner
Managing Director, Development
Don Garner is an accomplished real estate development executive with over 30 years of experience. Don has been responsible for over $1.8 billion in development and construction projects. He is an expert in site and project evaluation, land planning, design, development functions, cost analysis, budgeting, project and construction management. Don oversees operations while improving efficiency and profitability using his proven project management skills
Gaylyn Lawton, CPA, CMA
Chief Financial Officer
Ms Lawton has over 25 year’s extensive experience in all aspects of accounting; financial, statutory and management reporting; treasury; strategic planning, budgeting and forecasting; systems design and implementation; tax planning and compliance; and mergers and acquisitions. She has led organizations through stages of transformation including international sales, mergers and acquisitions and successfully achieved turnarounds, improving working capital and eliminating debt. Her professional experience includes roles as CFO of Cerelia North America, Vice President, Finance at Sierra Systems Group, Vice President Finance at WebTech Wireless (TSX: WEW), and Vice President, Finance at Seacor Environmental Inc. Ms. Lawton has a Bachelor of Commerce from the University of Natal, Durban. She articled with Ernst & Young in South Africa before moving to Canada and holds a CPA, CMA designation.
Brian Kuelbs
CEO BPK Advisors Inc.,
LOS ANGELES, CALIFORNIA
Brian Kuelbs has over 20 years of experience in leadership roles at major financial institutions. His firm provides senior executive advisory services for residential and commercial real estate centric financial institutions. Brian holds a Masters of Business Administration with a specialization in Finance from the University of Notre Dame and a Bachelor of Business Administration from the University of Wisconsin– Madison with majors in Mathematics, Quantitative Analysis, and Finance.
Ned Mahic
Co-founder of Oceanelle Investments,
VICTORIA, BRITISH COLUMBIA
Ned Mahic is a co-founder of Oceanelle Investments, a boutique Investment Bank focusing on both Real Estate and Private Equity Investments. Ned began in commercial lending at one of the largest investment banks in New York. He later co-founded Oceanelle and for their first venture, partnered with a best in class operator of student housing in Canada and expanded the business from $1.4 million to $60 million in projects in less than 3 years. Ned continues to look for high growth opportunities to invest in alongside successful management who have created unique business models.
Asif Nasim
Principal, Nasim Management,
TORONTO, ONTARIO
Asif Nasim is an experienced entrepreneur, investor and financial services industry expert. In his 20-year career, he has helped financial services companies expand their business, grow their brands and enter new markets. Over the past 10 years, Asif was a joint partner running a creative agency that drove brand and marketing value for over 70 financial services clients in Canada and the United States. Asif holds a BA (Economics) from Carleton University and serves on the Board of IMCA (Investment Management Consultants Association).