Gentai Commercial Mortgage Fund
Managed by Gentai Capital Corporation
Data as of: https://lp.constantcontactpages.com/cu/tLura7b/FundFacts
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.
AUM
$50M CAD
2025 return
9.87%
LTV
66.9%
Management fee
2%
About Gentai Commercial Mortgage Fund
Gentai Commercial Mortgage Fund is an open-ended mutual fund trust launched in 2023, investing in commercial mortgage loans secured by real estate in major urban centres across British Columbia, Alberta, Ontario, and Quebec. As of March 31, 2026, the fund held a $49.8 million mortgage portfolio across 14 investments, with a weighted average LTV of 66.9% and a weighted average interest rate of 13.5%. The portfolio was primarily secured by multifamily residential properties and weighted toward second-position mortgages. The fund returned 9.87% in 2025 and has delivered an annualized return of 10.30% since inception.
The fund reports approximately $50M CAD in assets.
The portfolio has a meaningful mix of first and subordinate mortgage positions.
The latest annual return declined from 10.47% in 2024 to 9.87% in 2025.
The portfolio is concentrated in Multi-Residential mortgages.
The portfolio is diversified across Ontario, BC and Alberta.
At a glance
| Assets under management (AUM) | $50M CAD |
| 2025 return | 9.87% |
| Overall LTV | 66.9% |
| First mortgages (as a % of the portfolio) | 33% |
| Property focus | Commercial (19%) / Multi-Residential (81%) |
| Structure | Open-Ended Mutual Fund Trust |
Stated annualized returns assume a fixed price of $10.00/unit. DRIP returns assume compounding at the Q1 2026 cash yield and full participation in the distribution reinvestment plan. Past performance does not guarantee or indicate future results. Almore Capital Ltd. is registered as an Exempt Market Dealer in the province of Ontario.
Gentai Commercial Mortgage Fund portfolio and performance
The portfolio is composed of commercial mortgages (19%) and multi-residential mortgages (81%).
| Property Type | Share (%) |
| Commercial | 19% |
| Multi-Residential | 81% |
Gentai Commercial Mortgage Fund has a focus on Ontario, with 44.8% of its mortgages located in Ontario, followed by BC (39.9%), Alberta (12.5%), Quebec (2.8%).
| Province/Region | Share (%) |
| Ontario | 44.8% |
| Quebec | 2.8% |
| BC | 39.9% |
| Alberta | 12.5% |
Gentai Commercial Mortgage Fund returns
| Calendar year | Net return |
| 2023 | 10.9% |
| 2024 | 10.47% |
| 2025 | 9.87% |
Gentai Commercial Mortgage Fund facts
Fund structure
| Structure | Open-Ended Mutual Fund Trust |
| Manager | Gentai Capital Corporation |
| Series | A |
| Latest data | https://lp.constantcontactpages.com/cu/tLura7b/FundFacts |
Mortgage portfolio
| First mortgages | 33% |
| Overall LTV | 66.9% |
| Property focus | Multi-Residential |
Fees
| Management fee | 2% |
| Performance fee | None disclosed |
Stated annualized returns assume a fixed price of $10.00/unit. DRIP returns assume compounding at the Q1 2026 cash yield and full participation in the distribution reinvestment plan. Past performance does not guarantee or indicate future results. Almore Capital Ltd. is registered as an Exempt Market Dealer in the province of Ontario.
Who can invest in Gentai Commercial Mortgage Fund?
Investor access
The minimum investment amount for accredited investors is $50,000. The minimum investment amount through an advisor or dealer is $50,000.
About Gentai Capital Corporation
Founded in 2012 and headquartered in Richmond, BC, Gentai Capital Corporation is a Canadian alternative investment manager and private mortgage lender offering real estate debt financing solutions across British Columbia, Alberta, Ontario, and Quebec. The firm manages three funds — Genesis Mortgage Investment Corporation (GMIC), Gentai Residential Mortgage Fund (GREF), and Gentai Commercial Mortgage Fund (GCOM). With over 30 full-time professionals, Gentai's portfolios have delivered annual returns between 6% and 11% and distributed over $100 million to investors since inception.
Compare other funds by Gentai Capital Corporation
Gentai Capital Corporation manages several mortgage investment entities (MIEs) with different loan and investment objectives. Compare its other funds below.
| Fund | Primary strategy | Approx. size | |
|---|---|---|---|
| Genesis Mortgage Investment Corporation | Residential mortgages | $180M CAD | Learn More |
| Gentai Residential Mortgage Fund | Residential mortgages | $48M CAD | Learn More |
Frequently asked questions
It invests in multi-Residential mortgages.
The fund reports a weighted-average LTV of 66.9%.
The fund is managed by Gentai Capital Corporation.
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