First Mortgage Fund
Established in 2017, the CVS Lane First Mortgage Fund provides investors with access to a diversified portfolio of first mortgage property investments.
7%
Target Investor IRR
The Fund targets an Investor IRR of approximately 7% for the short to medium term. Current Total Fund IRR of 8.0% deployed (7.7% total)
65%
LVR (ex. cash)
The Fund targets an average Loan to Value Ratio (LVR) of 65% across a broad portfolio of loans. Current LVR is 65% (62 including cash)
8%
Current Fund IRR (deployed capital)
Strong pipeline of CVS Lane originated First Mortgages to which CVS Lane Debt Funds receive first rights.
Regular Income
via quarterly cash distributions
Majority Independent Investment Committee
Highly decorated banking professionals ensuring strict credit and governance standards
Preferred Access for Fund Investors
to co-invest directly in CVS Lane’s quality pipeline of property First Mortgage, Second Mortgage and Equity investment opportunities.