Atrium Mortgage Investment Corporation
TSX-Listed Public Corporation (MIC) · Multi-Residential
Managed by Canadian Mortgage Capital Corporation (CMCC)
Data as of: March 31, 2026
This review is compiled by WOWA for informational purposes only and is not investment advice, an offer, or a solicitation. Figures are drawn from the manager's published materials as of the dates shown and may change. Returns are historical and do not guarantee future results. Verify all details with the manager or a licensed advisor before investing.
About the fund
Atrium Mortgage Investment Corporation (TSX: AI) is a publicly traded non-bank lender established in 2001, providing first and second mortgage financing for commercial and residential real estate across Canada. The portfolio consists of loans up to $50 million secured by real estate in major Canadian urban centres, with approximately 95% first mortgage exposure and a geographic concentration of ~95% in Ontario. As of March 31, 2026, the mortgage portfolio totalled $896.2 million. Atrium pays a monthly dividend plus an annual special dividend.
At a glance
| Assets under management (AUM) | $896M CAD |
| 2025 return | 14.7% |
| Overall LTV | 61.4% |
| First mortgages | 95.3% |
| Property focus | Residential (20%) / Commercial (29%) / Multi-Residential (51%) |
| Structure | TSX-Listed Public Corporation (MIC) |
| Investor access | Available to individual investors |
Portfolio & performance
The portfolio is composed of residential mortgages (20%), commercial mortgages (29%) and multi-residential mortgages (51%).
| Property Type | Share (%) |
| Residential | 20% |
| Commercial | 29% |
| Multi-Residential | 51% |
Atrium Mortgage Investment Corporation has a focus on Ontario, with 94.8% of its mortgages located in Ontario, followed by BC (5.2%).
| Province/Region | Share (%) |
| Ontario | 94.8% |
| BC | 5.2% |
Atrium Mortgage Investment Corporation returns
| Calendar year | Net return |
| 2023 | 10.2% |
| 2024 | 12.3% |
| 2025 | 14.7% |
Fund facts
| Structure | TSX-Listed Public Corporation (MIC) |
| Managed by | Canadian Mortgage Capital Corporation (CMCC) |
| Management fee | 0.85% |
| Performance fee | No |
| First mortgages | 95.3% |
| Leverage | Leveraged |
| Latest data | March 31, 2026 |
Additional fund details
The AUM shown represents the fund’s gross mortgage portfolio. After deducting the allowance for expected credit losses, mortgages receivable were $870.8 million, while total assets were $872.0 million. Any return figures shown represent the stock’s total return, including share-price changes and distributions, rather than the performance of the underlying mortgage portfolio.
Investor access
Available to individual investors
This fund is available to individual investors.
The minimum investment amount through an advisor or dealer is One common share.
About the manager
Canadian Mortgage Capital Corporation (CMCC) is a Toronto-based alternative mortgage lender and investment manager founded in 1994. The firm manages mortgage investment funds totalling over $2.5 billion in AUM, operating across the full risk spectrum from conservative first-mortgage institutional funds to higher-yield mezzanine and equity vehicles. CMCC serves as the external manager for Atrium Mortgage Investment Corporation (TSX: AI) and several private funds including CMCC High Yield MIC.
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