Issue link: http://e-delivery.uberflip.com/i/331274
SUMMARY OF INVESTMENT PORTFOLIO As at February 28, 2014 Net assets % of net assets Mortgage investments $ 37,067,774 97.01 Cash and cash equivalents 810,825 2.12 Other net assets 334,177 0.87 Net assets $ 38,212,776 100.00 Description of project (1) Project phase (2) Status (3) Zoning (1) Region (4) Outstanding principal (5) Loan-to- value (6) Term (7) Interest rate Security position % of net assets Golf course Completed Current Commercial Greater Edmonton, AB $ 3,650,000 37% 10 9.75% First 9.55% Multi family (row housing) Construction Current Residential Edmonton, AB $ 3,574,796 38% 6 11.50% First 9.35% Multi family (duplex) Construction Current Residential Greater Edmonton, AB $ 3,032,805 53% 3 10.75% First 7.94% Office/retail site Land Current Commercial Edmonton, AB $ 2,640,000 65% 13 10.75% First 6.91% Office/Industrial bays Construction Current Commercial Calgary, AB $ 1,610,000 59% 12 10.25% First 4.21% Office/Industrial bays Construction Current Commercial Greater Edmonton, AB $ 1,417,403 68% 2 10.75% First 3.71% Multi family (duplex) Servicing Current Residential Edmonton, AB $ 1,300,000 54% 8 11.00% First 3.40% Single & multi family (duplex & fourplex) Construction Current Residential Calgary, AB $ 1,203,377 57% 3 10.50% First 3.15% Lot < 5 acres Land Current Residential Edmonton, AB $ 1,200,000 68% 4 10.00% First 3.14% Single family Completed Arrears Residential Greater Calgary, AB $ 1,175,000 50% 3 8.75% First 3.07% Office/retail site Land Current Commercial Greater Edmonton, AB $ 1,050,000 55% 4 10.75% First 2.75% Motel Completed Current Commercial Other, AB $ 1,050,000 45% 6 12.00% First 2.75% Single family Construction Current Residential Edmonton, AB $ 978,000 42% 7 10.00% First 2.56% Multi family (duplex) Servicing Current Residential Greater Edmonton, AB $ 900,000 43% 3 10.75% First 2.36% Hotel Construction Current Commercial Other, AB $ 875,000 41% 5 10.00% First 2.29% Lot < 5 acres Land Current Industrial Edmonton, AB $ 875,000 55% 5 9.75% First 2.29% Single family Construction Enforcement Residential Greater Edmonton, AB $ 762,478 65% Matured 8.15% First 1.99% Development Land Arrears Residential Other, AB $ 760,394 24% 2 11.00% First 1.99% Motel Construction Current Commercial Edmonton, AB $ 750,000 36% 5 12.75% First 1.96% Multi family (duplex) Construction Current Residential Other, AB $ 660,587 57% 1 11.00% First 1.73% Multi family (fourplex) Completed Current Residential Other, SK $ 650,138 44% 6 11.00% First 1.70% Lot < 5 acres Land Current Mixed Use Other, AB $ 650,000 64% 11 10.75% First 1.70% Multi family (fourplex) Construction Current Residential Calgary, AB $ 639,470 59% 2 10.50% First 1.67% Single family Completed Enforcement Residential Edmonton, AB $ 591,070 78% Matured 10.75% First 1.55% 31