Prepare an Offering Memorandum for a private placement of units in a syndicated mortgage with this template form for Alberta.

Syndicated mortgages are often used by developers of large housing projects such as condominiums, as a means of raising capital to develop the property. Provisions of the offering memorandum include:

• Investors can purchase mortgage units, each Unit consisting of an undivided interest in a conventional mortgage equal to a percentage which each Unit bears to the total number of Units sold pursuant to the offering, subject to a Co-Owners Agreement governing the rights and obligations among the subscribers.


• Each investor will be named on the title as an owner, as tenants in common with the other investors.


• The investment is highly speculative, and is intended for investors who are prepared to accept the risk inherent in real estate development.

This Alberta Offering Memorandum for investment in syndicated mortgage units is provided in MS Word format.