Lougheed Landmark
By:
OCMI MFT
OCMI’s Lougheed Landmark project presents an opportunity to maximize investor returns, through strategic planning and flexible execution.
Location
British Columbia
Risk Profile
High-Moderate
N/A
Min. investment
$25,000
Investment Strategy
Opportunistic
ARR
23.7%
Horizon
3 years
Introduction
Currently OCMI is preparing an application to the City of Coquitlam to build the 30-storey tower. The rezoning process usually takes 2 years, but we are adding a 1-year buffer. At the 3 year mark, the decision will be made on whether to flip the project to a third party or proceed with construction ourselves.
Key Reasons to invest
Prime Investment Opportunities
OCMI Mutual Fund Trust provides a unique avenue for investors seeking exposure to the real estate landscape. Focused on development projects, OCMI offers the potential for high returns through participation in a landmark development.
Experienced Management Team
OCMI Mutual Fund Trust is led by a seasoned team of experts with a proven track record in real estate development and investment management.
Project Overview
OCMI is currently offering Class B Phase 1 capital raising of $7,500,000 to purchase the land and finance the legal and city fees to initiate the rezoning process. Following this, phase 2 is anticipated to begin in May 2025, where remnant lots will be purchased and land development will begin. OCMI then will have the opportunity to flip the project to a third party development, or proceed with construction themselves depending on the projects expected value. This flexible exit strategy benefits investors to either continue with construction or exit with a sale.
Location
The project is located in Coquitlam, British Columbia - one of the highest growth cities in Canada, experiencing steady market demand with an urgent need for rental product and affordable housing. The strategic location of the project, positioned in a prime area with strong growth potential demonstrates a valuable opportunity for investors to reap high returns.
Multimedia
Brick by Brick Ep. 10 with OCMI Mutual Fund Trust
Developer Overview
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