Timbercreek Asset Management Press Releases

Timbercreek Mortgage Investment Corporation announces August 2010 dividend for TSX listed Class A Shares

Mon, 23 Aug 2010 16:33:00 -0400

Toronto Stock Exchange: TMC

TORONTO, Aug. 23 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.068 per class A share of the Fund ("Class A Shares") to be paid on September 15, 2010 to holders of Class A Shares of record on August 31, 2010.

The Fund also offers a Dividend Reinvestment Plan (the "Plan"). The Plan provides eligible holders of class A shares of the Fund ("Class A Shares") a convenient means to purchase additional Class A Shares by reinvesting their cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.

At the discretion of the Board of Directors of the Fund (the "Board"), shares for the reinvestment of distributions will be acquired in the open market at prevailing prices or issued from treasury at 95 percent of the average market price. At this time, the Board confirms that the Fund will continue to issue shares from treasury until such time as the Board elects otherwise. Class A Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Class A Shares through a broker, financial institution or other nominee ("beneficial owners") must enroll for distribution reinvestment through their nominee holder.

The full text of the Plan will be mailed to registered shareholders in the near future. These documents may also be obtained on the Timbercreek website at www.timbercreekfunds.com.

About the Fund

The Fund provides investors with an opportunity to receive attractive yields by investing indirectly, through holding shares of the Fund, in mortgage loan investments selected and determined to be high quality by its manager, Timbercreek Asset Management Inc. The investment objective of the Fund is, with a primary focus on capital preservation, to acquire and maintain a diversified portfolio of mortgage loan investments that generates attractive, stable returns in order to permit the Fund to pay monthly distributions to its shareholders.

%SEDAR: 00026881E

Timbercreek Mortgage Investment Corporation announces August 2010 dividend for privately held Class B Shares

Mon, 23 Aug 2010 12:54:00 -0400

Toronto Stock Exchange: TMC

TORONTO, Aug. 23 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.075 per class B share of the Fund ("Class B Shares") to be paid on September 15, 2010 to holders of Class B Shares of record on August 31, 2010. As of August 23, 2010 there were 3,456,291Class B Shares outstanding.

About the Fund

%SEDAR: 00026881E

Timbercreek In the News – Dow Jones Article

Mon, 26 Jul 2010 15:30:00 -0400

DJ GETTING PERSONAL CANADA: Another Way To Generate Income

By Ben Dummett
Of DOW JONES NEWSWIRES

TORONTO (Dow Jones)--Investors don't need to limit themselves to the
traditional investments of dividend-paying stocks and bonds to generate income.
For example, there's Timbercreek Mortgage Investment Corp. (TMC.T), a fund
that invests in mortgages and aims to pay a steady income stream to its
shareholders to generate a 7%-8% annual cash return over the long term. The
fund's average annual return has been about 8.3% since going public in 2008.
In targeting this level of return, Timbercreek believes it doesn't need to
take undue risk.

Arguing that Canada lacks a sufficient diversity of lending institutions,
Timbercreek believes it fills a void in the market, offering mortgages to
borrowers with attractive real-estate assets that can be used for collateral but
who don't meet the long-term traditional lending criteria of the country's big
banks.

The existence of an under-serviced banking sector means people "are willing to
pay more for the opportunity to borrow with the features that they are looking
for," says Blair Tamblyn, chief executive of Timbercreek Asset Management,
manager of Timbercreek Mortgage Investment Corp.

Generally, borrowers will pay up to 800-900 basis points over the government
of Canada two-year bond for customized mortgages that are 70% of the value of
the property, can be put in place quickly, offer a flexible repayment schedule
or allow the borrower to only pay the interest for a set period of time, Timbercreek says.

For example, in one transaction Timbercreek was able to fund a loan in 10 days
to help ensure a building owner secured the occupancy of a "high-quality U.S.
brand-name tenant," said Andrew Jones, Timbercreek Asset's chief credit officer.

But this process wasn't accomplished at the expense of cutting corners.

"We get every single type of due-diligence report that any bank would get; we
use the same appraisers, same environmental engineers, same structural engineers
to give us the exact same reports...," Jones said.

Timbercreek Mortgage funds mortgages from proceeds it raises by periodically
selling shares in the public markets. Investors have certainly shown an interest
in the shares. In a recent financing, Timbercreek Mortgage raised C$28.8
million.

For many, real estate is considered a volatile investment. But it doesn't need
to be, depending on the type. Measured in terms of value, a big portion of
Timbercreek Mortgage Investment's mortgages are for multi-residential, apartment
buildings in good locations -- typically larger Canadian urban centers -- with a
track record of generating predictable, low volatile cash flow, Tamblyn said.

Apartment buildings are generate steady income because rent represents a cost
of living. In addition, apartment buildings generate income even if occupancy
isn't 100%. The same isn't true for an industrial building with one tenant.

Further, "we are not lending to developers; we are not doing construction
financing and we are not lending to those who are inventoring land," Tamblyn
said as further evidence of Timbercreek's effort to limit risk.

Timbercreek Mortgage Investment Corporation Announces July 2010 Dividend for Privately Held Class B Shares

Wed, 21 Jul 2010 16:32:00 -0400

Toronto Stock Exchange: TMC

TORONTO, July 21 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.075 per class B share of the Fund ("Class B Shares") to be paid on August 13, 2010 to holders of Class B Shares of record on July 30, 2010. As of July 21, 2010 there were 3,188,791 Class B Shares outstanding.

About the Fund

%SEDAR: 00026881E

Timbercreek Mortgage Investment Corporation announces July 2010 dividend for TSX listed class A shares

Wed, 21 Jul 2010 15:14:00 -0400

Toronto Stock Exchange: TMC

TORONTO, July 21 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.068 per class A share of the Fund ("Class A Shares") to be paid on August 13, 2010 to holders of Class A Shares of record on July 30, 2010.

The full text of the Plan will be mailed to registered shareholders in the near future. These documents may also be obtained on the Timbercreek website at www.timbercreekfunds.com.

About the Fund

%SEDAR: 00026881E

Timbercreek Mortgage Investment Corporation Announces Non-Brokered Private Placement Financing

Tue, 06 Jul 2010 09:01:00 -0400

TORONTO, July 6 /CNW/ - Timbercreek Asset Management Inc. (the "Fund Manager"), on behalf of Timbercreek Mortgage Investment Corporation (the "Fund"), is pleased to announce a Non-Brokered Private Placement of 267,500 Class B Shares at $10 per Class B Share (the "Offering") effective July 5, 2010. Gross proceeds of this Offering will be used to fund mortgage loans invested in from time to time and for general corporate purposes of the Fund.

The Fund Manager will continue to offer Class B Shares by way of a non-brokered private placement on an on-going basis. Scheduling of future Class B Shares will be determined by a combination of receiving investment commitments of greater than $2 million and identifying opportunities to effectively deploy funds raised.

As of the date of this press release the total issued and outstanding Class A Shares and Class B Shares were 8,428,909 and 3,456,291 respectively.

About the Fund

The Fund provides investors with an opportunity to receive attractive yields by investing indirectly, through holding shares of the Fund, in mortgage loan investments selected and determined to be high quality by the Fund Manager. The investment objective of the Fund is, with a primary focus on capital preservation, to acquire and maintain a diversified portfolio of mortgage loan investments that generates attractive, stable returns in order to permit the Fund to pay monthly distributions to its shareholders.

%SEDAR: 00026881E

Timbercreek Mortgage Investment Corporation announces June 2010 dividend for privately held Class B Shares

Mon, 21 Jun 2010 15:45:00 -0400

Toronto Stock Exchange: TMC

TORONTO, June 21 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.075 per class B share of the Fund ("Class B Shares") to be paid on July 15, 2010 to holders of Class B Shares of record on June 30, 2010. As of June 21, 2010 there were 3,188,791 Class B Shares outstanding.

About the Fund

%SEDAR: 00026881E

Timbercreek Mortgage Investment Corporation Announces June 2010 dividend for TSX Listed Class A Shares

Mon, 21 Jun 2010 15:11:00 -0400

Toronto Stock Exchange: TMC

TORONTO, June 21 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.068 per class A share of the Fund ("Class A Shares") to be paid on July 15, 2010 to holders of Class A Shares of record on June 30, 2010.

At the discretion of the Board of Directors of the Fund, shares for the reinvestment of distributions will be acquired in the open market at prevailing prices or issued from treasury at 95 percent of the average market price. Class A Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Class A Shares through a broker, financial institution or other nominee ("beneficial owners") must enroll for distribution reinvestment through their nominee holder.

The full text of the Plan will be mailed to registered shareholders in the near future. These documents may also be obtained on the Timbercreek website at www.timbercreekfunds.com.

About the Fund

%SEDAR: 00026881E

Timbercreek Launches Global Real Estate Fund

Fri, 11 Jun 2010 15:00:00 -0400

TORONTO – June 11, 2010– Timbercreek Asset Management Inc. (the “Manager”), on behalf of Timbercreek Global Real Estate Fund (the “Fund”), has filed a preliminary prospectus dated June 9, 2010 with Canadian securities regulatory authorities in each of the provinces and territories of Canada. The preliminary prospectus qualifies the distribution (the “Offering”) of class A units (“Class A Units”) and class B units (“Class B Units”) of the Fund (collectively the “Units”). A syndicate of agents co-led by BMO Nesbitt Burns and Raymond James Ltd., and including CIBC World Markets Inc., Macquarie Capital Markets Canada Ltd., National Bank Financial Inc., Scotia Capital Inc., Manulife Securities Inc., HSBC Securities (Canada) Inc., Canaccord Genuity Corp., GMP Securities L.P. and M Partners Inc. has commenced the marketing of the offering.

The Fund, which is a new investment fund formed under the laws of the Province of Ontario and which is managed by Timbercreek Asset Management Inc., was established to invest in a globally diversified portfolio (the “Portfolio”) of premier real estate securities including common equity, preferred shares and debt of both public and private real estate investment trusts and real estate companies in Canada, United States, United Kingdom, Continental Europe, Japan, Australia, Hong Kong and other countries. The Manager has engaged FSX Securities Canada Inc. (the “Global Investment Advisor”) to provide portfolio management services to the Fund. Through the Manager’s partnership with the Global Investment Advisor, the Fund will be supported by a team of real estate analysts based in Toronto, New York, London and Hong Kong that are strictly dedicated to analyzing and investing in real estate securities.

The Fund’s investment objectives are to provide holders of Units (“Unitholders”) with quarterly distributions initially targeted to be $0.21 per Unit ($0.84 per annum representing an annual cash distribution of 7.0% based on the $12.00 per Unit issue price); and preserve capital while providing the opportunity for long-term capital appreciation for Unitholders.

The Manager believes there is a compelling investment opportunity to invest in a globally diversified portfolio (the “Portfolio”) of premier real estate securities that exists because the global real estate securities market is inefficient relative to that of the direct real estate or broader equities markets. Managed by a specialized real estate manager, the Fund’s unique investment strategy has been designed to capitalize on these pricing inefficiencies in order to deliver a stable income stream that can be acquired at a price that the Manager believes does not reflect the long-term value of the underlying assets. Furthermore, Global Investment Advisor believes that the current volatility in global equity markets provides the Fund with the rare opportunity to assemble a global portfolio of prime real estate securities at prices that generate attractive, stable yields with the potential for capital appreciation.

The Manager, a wholly owned subsidiary of Timbercreek Asset Management Inc. (“Timbercreek”), is an investment management company that employs a conservative and risk-averse approach to real estate-based investments. The Manager and its affiliates currently manage approximately $1.1 billion in real estate-related assets, including direct ownership and mortgages.

The Global Investment Advisor is a wholly-owned subsidiary of Forum Securities Limited (“Forum Securities”), which is an affiliate of Forum Partners Investment Management LLC (“Forum Partners”). Forum Securities provides a platform for investment in global public real estate securities with over $500 million in assets under management. Since inception, Forum Securities has demonstrated the ability to continually beat its benchmark while employing similar investment strategies to the Fund. On June 30, 2009, the Global Real Estate Securities team at Citi joined Forum Partners and created Forum Securities.

Forum Partners provides real estate related private equity investment opportunities for large institutional clients on a global basis with over $2 billion currently under management. Forum Partners and Forum Securities have 70 employees in eight offices across Asia, Europe and North America with 13 employees dedicated to global real estate securities analysis.

A preliminary prospectus containing important information relating to these securities has been filed with the securities commission or other authorities in certain jurisdictions of Canada. The preliminary prospectus with respect to the Offering remains subject to completion or amendment. Copies of the preliminary prospectus may be obtained from any one of the agents listed above. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund in the United States

For more information, contact:
Timbercreek Asset Management Inc.
Carrie Morris
Vice- President, Investor Relations & Corporate Governance
416-306-9967 x250
cmorris@timbercreekfunds.com

Timbercreek Mortgage Investment Corporation Announces May 2010 dividend for privately held Class B Shares

Thu, 20 May 2010 12:27:00 -0400

Toronto Stock Exchange: TMC

TORONTO, May 20 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.075 per class B share of the Fund ("Class B Shares") to be paid on June 15, 2010 to holders of Class B Shares of record on May 31, 2010. As of May 20, 2010 there were 3,188,791 Class B Shares outstanding.

About the Fund

%SEDAR: 00026881E