Author: Liam Dorr

Introducing Dorr Capital

Established in 2011, Dorr Capital is a non-bank lender who has placed mortgage loans ranging from $0.3 million - $55 million, focused primarily on land development/servicing and construction loans in the Greater Toronto Area (GTA) and the Greater Golden Horseshoe (GGH). Dorr Capital provides a service that major Canadian Banks are not meeting; we create an opportunity for private capital to be invested in real estate and earn excellent risk adjusted returns. Dorr Capital provides added value to our borrower clients with our strengths in sourcing, underwriting, assessing risk, and loan administration.

Mortgages by LTV

Mortgage Rank

Investment Objectives

Investment Highlights

Offer higher risk-adjusted returns while limiting volatility
Generate monthly income while preserving capital for long-term capital appreciation
Target returns starting at 6% for 1st mortgages and 8%-20% for mezzanine, 2nd mortgages, and B-piece tranches
Invest in underserved financing structures to supply a consistent source of land development capital
Invest in strong sponsors in prime locations with strong development plans, proven track records, and financially strong covenants

Dorr Capital Advantage Ad

$885.4 million

$5.9 million

149

Total value of loans

Average Mortgage

Loans
Originated

Consistent average annualized returns on all mortgage products
Comparatively low management fees (avg 0.75%)
Total communication through the entire investment term

Low volatility and strong security in every investment
Lower barriers to entry for investing in real estate
Professionally certified, meeting all regulatory requirements

7.3%

Average Yield

25.7 months

Weighted Average Term to Maturity

*Figures are from 2011-2018

Current Portfolio Composition

Nature of Underlying Property
*Figures are from 2016-2018	#of Mortgages	Percent	Avg. Yield	Loan Amount ($)
Residential	50	91.79%	8.20%	$328,412,061
Commercial	4	8.21%	8.18%	$29,374,257
Grand Total	54	100.00%	8.19%	$357,786,318

Loan Servicing
Land, Land Development, Construction, Specialized

Security Type
*Figures are from 2016-2018	#of Mortgages	Percent	Avg. Yield	Loan Amount ($)
First Mortgage	37	76.26%	7.00%	$272,847,846
Second Mortgage	17	23.74%	11.81%	$84,938,472
Grand Total	54	100.00%	9.40%	$357,786,318

Minimum Investment
$60,000

*For qualified and accredited investors only

Location of Underlying Property
*Figures are from 2018	# of Mortgages	Percent	Loan Amount ($)
Greater Toronto Area	9	52.94%	$43,925,000
Greater Golden Horseshoe	8	47.06%	$102,274,601
Grand Total	17	100.00%	$146,199,601

Registered Eligibility
RRSP, RRIF, LIRA, LIF

As of December 2018, Dorr Capital has placed approximately $885.4 million in real estate mortgages with an average interest rate of 7.3%

Management Team

Peace of Mind

Brian Dorr, CPA, CMA, CPM, MBA
President & Principal Broker
Robert Shiller, B.Com, Accounting
Managing Partner & Broker
Riccardo Plati, BA Business
Managing Partner & Agent
David Morrison, CPA, CA
VP Equity Investments & Agent
James Gajda, CPA, CA
Director of Underwriting & CFO
Judy Wong, BA (Hons.) Mathematics
VP Underwriting & Loan Servicing & Agent

Dorr Capital manages default risk by diligently monitoring our mortgage portfolio, performing extensive due diligence with borrowers, and aggressive enforcement procedures on problematic borrowers. Other investor protection measures include:
Dorr Capital is regulated by the Financial Services Commission of Ontario (FSCO)
Fully compliant audited financial statements with positive management letters
Anti money laundering (AML) procedures
Insurance
Mortgage Impairment - $2MM
Errors & Omissions - $5MM

Dorr Capital Corporation 41 Scarsdale Road, Unit 6
Toronto, ON, Canada M3B 2R2
416-484-9747
Brokerage License #12099
Administration License #12087
https://www.dorrcapital.com/
info@dorrcapital.com