ANNUAL REPORT
% of net assets
Edmonton, AB 35.51%
Greater Edmonton, AB 31.69%
Calgary, AB 12.56%
Greater Calgary, AB 3.07%
Other, AB 12.48%
Other, SK 1.70%
Cash and cash equivalents 2.12%
Other net assets 0.87%
Total net assets 100.00%
% of net assets
Residential 56.93%
Commercial 36.09%
Industrial 2.29%
Mixed use 1.70%
Cash and cash equivalents 2.12%
Other net assets 0.87%
Total net assets 100.00%
% of net assets
Land 20.31%
Servicing 6.33%
Construction 48.81%
Completed 21.56%
Cash and cash equivalents 2.12%
Other net assets 0.87%
Total net assets 100.00%
% of net assets
Less than 40% 23.71%
40% – 49% 15.17%
50% – 59% 34.39%
60% – 69% 22.19%
70% – 79% 1.55%
Cash and cash equivalents 2.12%
Other net assets 0.87%
Total net assets 100.00%
Region
Zoning
Project phase
Loan–to–value
34
