Date Closed

September 16, 2011

Lead Office

Vancouver

Value

100.00 Million CAD

On September 16, 2011, Timbercreek Mortgage Investment Corporation (the "Fund") announced it has completed its public offering of 10,120,000 Class A Shares of the Fund, which includes an additional 1,320,000 Class A Shares that were issued pursuant to the exercise of the over-allotment option (the "Offering Shares") for gross proceeds to the Fund of C$101.2 million. The Offering Shares were offered to the public by a syndicate of agents co-led by Raymond James Ltd. and BMO Capital Markets, and including CIBC World Markets Inc., RBC Capital Markets, GMP Securities L.P., Manulife Securities Incorporated, TD Securities Inc., HSBC Securities (Canada) Inc., Scotia Capital Inc., Macquarie Capital Markets Canada Ltd., Canaccord Genuity Corp. and M Partners Inc.

Timbercreek Mortgage Investment Corporation, headquartered in Toronto, Ontario, is an investor, owner, and manager of global real estate and related assets.

McCarthy Tétrault LLP represented Timbercreek Mortgage Investment Corporation, with a team that was led by Michael Stephens, and included Joshua Walter and Joyce Lee.