Why REIIF
- Cash-flowing, resilient residential real estate and opportunities for capital appreciation.
- Strong market fundamentals and shifting user preferences.
- REIIF is targeting a 4-5% annual distribution yield. Distributions are substantially return of capital (ROC).
We incorporate ESG insights into the investment process together with our impact-driven asset management approach to enhance financial returns and future-proof the portfolio to reduce risk.
Value creation will be assisted by having a healthy exposure to assets in $10M - $50M+ value range.
We view this as an opportunistic range that is too high for individual investors and too small for institutional managers looking to deploy significant capital.
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$50M+ initial sponsor investment and $10M liquidity backstop.
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More frequent mark-to-market on rents given portfolio allocation to co-living and student housing. Impact-driven approach will drive alpha through higher NOI and favourable lending terms.
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REIIF has the right of first offer of a proprietary pipeline of new, sustainable, and future-proofed assets currently being developed by Forum.
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Delivering Extraordinary Outcomes™ for communities and their environments.
Canada’s population growth continues to outpace housing supply and is forecasted to accelerate.
In 2022, 56% of new immigrants will arrive under economic class pathways in Canada. Many of these new economic class arrivals will be professionals and students who are a perfect fit for multi-family, co-living, and student accommodations.
Affordability gap continues to widen between renting and owning.
Dramatically higher home prices caused a sharp deterioration in housing affordability, resulting in the highest ratio of mortgage payments as a percentage of income in 27 years.
Rental housing as a percentage of total housing stock should increase in Canada.
Renting a home is common in many countries, and will likely become more common across Canada, especially in the major cities. Canada has the lowest number of housing units per 1,000 residents of any G7 country.
