CORE Mortgage Trust has resumed actively funding mortgages after assessing market conditions and opportunities in light of COVID-19. Offering investors fixed income that is uncorrelated to public markets, the Fund is deploying funds — expanding the portfolio by actively funding mortgages — and our management team has sharpened their focus on recession-resistant properties in response to the COVID pandemic.
We have seen a moderate rise in market momentum, but more importantly, we see opportunities to lower our overall risk by diversifying our capital lending approach, focusing on property types with lower risk profiles in the current market conditions, such as, but not limited to:
- gas stations
- local grocers
- small- and mid-sized medical & health services offices
- storage facilities
- boutique commercial and residential developments
- aftermarket real estate conversions
Moreover, we are working in alignment with experienced real estate operators and capital groups, who share a similar mandate in providing yield while mitigating risks with well-defined exit strategies. The team is excited with the progress of the CORE Mortgage LP and the mortgage-funding opportunities we are finding in the current market.