FIRM CAPITAL MORTGAGE INVESTMENT TRUST
TSX : FC.UN

FIRM CAPITAL MORTGAGE INVESTMENT TRUST

November 17, 2010 11:23 ET

Firm Capital Mortgage Investment Trust Announces Monthly Cash Distributions

TORONTO, ONTARIO--(Marketwire - Nov. 17, 2010) - Firm Capital Mortgage Investment Trust (the "Trust") (TSX:FC.UN), announced its monthly cash distribution of $0.078 per unit for the Unit holders of record as per the following:

Record Date   Payable  
November 30, 2010   December 15, 2010  

The Trust, through its Mortgage Banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate finance, including construction, mezzanine and equity investments. The Trust's investment objective is the preservation of Unitholders' equity, while providing Unitholders with a stable stream of monthly distributions from investments. The Trust achieves its investment objectives by pursuing a strategy of growth through investments in selected niche markets that are under-serviced by large lending institutions. Lending activities to date continue to develop a diversified mortgage portfolio, producing a stable return to Unitholders. For more information, please visit www.firmcapital.com.

Contact Information

  • Firm Capital Mortgage Investment Trust
    Eli Dadouch
    President & Chief Executive Officer
    (416) 635-0221
    www.firmcapital.com