Atrium Mortgage Investment Corporation
Managed by Canadian Mortgage Capital Corporation (CMCC)
Data as of: March 31, 2026 · View latest fund facts
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
$896M CAD
2025 return
14.7%
LTV
61.4%
Management fee
0.85%
About Atrium Mortgage Investment Corporation
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.
The fund reports approximately $896M CAD in assets.
The portfolio is predominantly composed of first mortgages.
The latest annual return increased from 12.3% in 2024 to 14.7% in 2025.
The portfolio is highly concentrated in Ontario.
At a glance
| Assets under management (AUM) | $896M CAD |
| 2025 return | 14.7% |
| Overall LTV | 61.4% |
| First mortgages (as a % of the portfolio) | 95.3% |
| Property focus | Residential (20%) / Commercial (29%) / Multi-Residential (51%) |
| Structure | TSX-Listed Public Corporation (MIC) |
| Investor access | Available to individual investors |
Atrium Mortgage Investment Corporation portfolio and 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% |
Atrium Mortgage Investment Corporation facts
Fund structure
| Structure | TSX-Listed Public Corporation (MIC) |
| Manager | Canadian Mortgage Capital Corporation (CMCC) |
| Latest data | March 31, 2026 |
Mortgage portfolio
| First mortgages | 95.3% |
| Overall LTV | 61.4% |
| Property focus | Multi-Residential |
| Leverage | Yes, the fund uses leverage. This means the fund borrows additional money and combines it with investor capital to fund more mortgages. Leverage can increase returns when the portfolio performs well, but it also adds interest costs and can magnify losses. |
Fees
| Management fee | 0.85% |
| Performance fee | No |
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.
Who can invest in Atrium Mortgage Investment Corporation?
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 Canadian Mortgage Capital Corporation (CMCC)
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.
Compare other funds by Canadian Mortgage Capital Corporation (CMCC)
Canadian Mortgage Capital Corporation (CMCC) manages several mortgage investment entities (MIEs) with different loan and investment objectives. Compare its other funds below.
| Fund | Primary strategy | Approx. size | |
|---|---|---|---|
| High Yield Mortgage Investment Corporation — CMCC High Yield MIC | N/A | $85M CAD | Learn More |
Frequently asked questions
It invests in multi-Residential mortgages.
The fund reports a weighted-average LTV of 61.4%.
Yes. It is available to individual investors.
The fund is managed by Canadian Mortgage Capital Corporation (CMCC).
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