League Assets Corp.

League Assets Corp.

February 02, 2010 17:01 ET

League Assets Corp. Launches the IGW Mortgage Investment Corporation

VICTORIA, BRITISH COLUMBIA--(Marketwire - Feb. 2, 2010) - Canadian MIC Managers take note: Investors looking to diversify their capital through a syndicated real estate investment and yet wish to retain both a certain level of choice and comfort have a new option: League Assets Corp's innovative new IGW Mortgage Investment Corporation (IGW MIC), just launched by League Assets Corp.

"The IGW Mortgage Investment Company offers a new twist on an old investment vehicle...choice," says Adam Gant, League's Founding Partner. "One of the unique features of the IGW MIC is that it has three distinct share classes. So, this means that investors can choose the exact risk/reward profile that suits them best. One size definitely does not fit all. Each class offers cumulative, fixed annual dividends that we expect will be paid periodically from the distributable earnings of the IGW MIC."

"Unlike our IGW REIT, which invests in real estate directly," says Emanuel Arruda, League's other Founding Parter, "the IGW MIC invests in a pool of mortgages. Both pools will now be managed by League's experienced management team, which is widely respected for its industry profile and its track record."

Victoria, BC-based League Assets Corp. manages the IGW REIT, one of North America's fastest-growing private Real Estate Investment Trusts, comprising a portfolio of Canadian commercial, industrial, multi-family residential properties which, together with the other entities that League administers, has combined assets approaching $400 million. The IGW REIT exists to find, acquire, improve and manage real estate properties on behalf of its more than 1,800 Member-Partners. Combined with its other investment pools, League is currently managing and developing assets with approximate build-out values totalling $2 billion.

This document is for information purposes only and is not an offer to sell or a solicitation of an offer to purchase securities. Any offering will be made by way of offering memorandum or, in Ontario and Quebec, will be made only to accredited investors or those investing more than $150,000.

There are risks associated with this investment, which risks are discussed in the offering memorandum and subscription agreement. You are encouraged to read the offering memorandum (available upon request) and the subscription agreement before making your investment decision.

To learn more, download League's proprietary investment book, The Blue Book of Real Estate Syndication, and the Company Backgrounder booklet at www.league.ca.

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