Vervey provides accredited investors with access to an area of real estate financing that has traditionally been the domain of banks, private lenders, pension funds, and institutional investors.
Our focus is straightforward: providing disciplined bridge financing to experienced Ontario multifamily developers before conventional construction financing becomes available.
This illustration shows a simplified development capital stack. Vervey participates in the junior secured lending layer. Returns shown for other capital positions are illustrative market ranges only and are included to demonstrate the relationship between different sources of project financing, not to represent investment opportunities offered by Vervey.
Behind every completed real estate project is a financing structure that most individual investors never have the opportunity to see.
Stocks, bonds, REITs, ETFs, and mutual funds provide investors with liquidity, transparency, and broad market exposure. For many investors, these assets form the foundation of a diversified portfolio and can be bought or sold relatively easily.
Owning real estate offers direct control over investment decisions and the potential to build long-term equity. It also requires capital, financing, ongoing management, and acceptance of property-specific risks that vary from one asset to another.
Private lending provides capital during specific stages of a real estate project's lifecycle, often before conventional construction financing is available. Rather than participating as an owner, investors participate through structured financing backed by defined legal agreements and security.
Many experienced developers reach a stage where conventional financing is simply unavailable. The project may be viable, but it has not yet reached the point where bank underwriting criteria can be satisfied. Private bridge financing helps fund this stage of the development process by providing capital until the project is ready for conventional construction financing.
Canadian banks operate within a combination of regulatory capital requirements, internal credit policies, and risk management frameworks that influence when development financing can be provided. Basel III capital requirements 1 , stress testing, loan-to-value (LTV) requirements, and other lending criteria all contribute to a more structured underwriting process, particularly for projects that have not yet reached the construction stage.
Ontario continues to experience strong demand for new housing, while planning timelines, infrastructure constraints, and financing requirements can delay the delivery of new projects. As developments move through these early stages, there is an ongoing need for capital before conventional construction financing becomes available..
The need for early-stage development capital is driven primarily by project timing rather than a single interest-rate environment. While lending activity and construction markets fluctuate over time, projects continue to move through planning, approvals, and pre-construction phases that require financing before conventional lenders are prepared to participate.
A financing decision reflects the lending criteria of the institution making it. Conventional construction lenders and bridge lenders evaluate projects at different stages of the development process, using different underwriting criteria and serving different purposes within the capital stack.
Every real estate development is financed using multiple layers of capital, each with a different purpose, level of security, and expected return. Understanding where a lender sits within that structure provides important context for evaluating both risk and how returns are generated.
Vervey provides financing in the junior secured portion of the capital stack, behind senior construction lenders but ahead of equity participants. That position influences both the risks assumed and the return profile.
Security may include a registered General Security Agreement (GSA), personal and/or corporate guarantees, and other contractual protections depending on the specific loan structure.
Borrowers pay interest to the lending vehicle under the terms of each loan agreement. Investor distributions are determined by the governing trust documents and are not dependent on property appreciation alone.
Senior construction lenders are repaid before junior secured lenders in an enforcement scenario. Understanding that priority is an important part of evaluating the investment.
Understanding where your investment sits in the capital stack is fundamental to evaluating risk and potential return.
Every lending decision begins with due diligence. Before capital is committed, each opportunity is reviewed from multiple perspectives, including the project itself, the borrower, the proposed security, and the overall lending structure.
Lending opportunities are sourced through established relationships with experienced developers, industry professionals, and trusted referral networks rather than broad public solicitation.
Each opportunity is reviewed by evaluating the asset, the borrower, the proposed security, project feasibility, the overall financing structure, and key underwriting measures, including LTV and LTC.
Depending on the lending structure, security may include a registered GSA, personal and/or corporate guarantees, and other contractual protections designed to support the lending position.
Lending and investor reporting are governed by the applicable trust documents, legal agreements, and internal governance processes established through the ABUNDIS Investment Trust platform.
The lifecycle below provides a simplified overview of how capital is invested, deployed, and managed within the investment structure. Individual investments remain subject to the governing trust documents, offering documents, and applicable legal agreements.
$20K minimum in Class A Trust Units, subject to the offering documents and investor eligibility requirements.
Capital is deployed in accordance with the Trust's investment strategy to qualifying bridge lending opportunities.
Borrowers make payments under the terms of their loan agreements. Investor distributions, if any, are determined in accordance with the governing trust documents.
At the end of the initial investment term, investors may have options available in accordance with the governing trust documents, available liquidity, and the terms of the offering.
Investors who continue participating may have their capital allocated to future qualifying lending opportunities in accordance with the Trust's investment strategy.
Every investment has a different role within a portfolio. Public equities may provide long-term growth, direct real estate can offer ownership and appreciation, and fixed-income investments may provide stability and income.
Private real estate credit may provide exposure to income-producing real estate financing without direct property ownership. Its suitability depends on an investor's objectives, time horizon, liquidity needs, risk tolerance, and overall portfolio construction.
Subject to the Trust qualifying as a Mutual Fund Trust (MFT) under the Income Tax Act (Canada), Class A Trust Units are intended to qualify as eligible investments for registered plans, including RRSPs, TFSAs, RRIFs, FHSAs, and RESPs. Investors should consult their tax advisor regarding their individual circumstances.
Private real estate credit should be evaluated as one component of a diversified portfolio, alongside other investments that serve different objectives.
Institutional investors have long used private market strategies as part of diversified portfolios. Private credit is one of those strategies, offering exposure to lending income, negotiated security, and investment structures that are not directly tied to daily public market pricing.
Investors with appropriate time horizons earn a premium for accepting a non-redeemable instrument — one of the most reliably captured premiums in finance.
A bridge loan does not decline in value because public equity markets sold off. The borrower's obligation is defined by the loan agreement, not market sentiment.
The Canadian exempt market framework now allows accredited investors to access — through properly structured vehicles — the same category institutions have used for decades. 2
Private credit involves real risk. The useful question is not whether there is risk — that answer is always yes — but how each risk is identified, managed, and disclosed.
Class A units are not redeemable on demand. Redemption rights are subject to Trust Deed limitations. Only allocate capital you can commit for the full term.
Returns are performance-based. There is no preferred or guaranteed yield. You may receive less than anticipated, or lose part or all of your principal.
Vervey is subordinated to senior construction lenders. In enforcement, senior claims are satisfied first. Conservative LTV underwriting is the primary buffer.
Projects may experience delays, cost overruns, or contractor issues — managed through staged draws, third-party monitoring, and contingency reserves.
Borrowers must refinance or sell to repay. If conventional financing is unavailable at maturity, extensions or enforcement may result.
An early portfolio may be concentrated in a small number of transactions. Geographic and borrower diversification increases as the platform scales.
This website does not constitute an offer to sell securities. For full risk disclosure, refer to the Confidential Term Sheet distributed through a registered Exempt Market Dealer.
Vervey is a private credit lending platform operating under the ABUNDIS Investment Trust — an Alberta mutual fund trust. It provides bridge and development financing to qualified real estate sponsors in Ontario, with capital provided by accredited investors through Class A Trust Units.
Vervey occupies a junior secured position — subordinated to senior construction lenders. Security includes a General Security Agreement (GSA) over all present and after-acquired assets of the borrower, personal and/or corporate guarantees, and assignment of rents where applicable.
No. Returns are performance-based and generated through borrower interest payments. There is no guaranteed or preferred return. Investors should review the formal Term Sheet and consult their advisors before making any investment decision.
Provided the ABUNDIS Investment Trust qualifies as a mutual fund trust under the Income Tax Act, Class A Trust Units are qualified investments for RRSP, TFSA, and RRIF. Eligibility should be confirmed with your registered EMD and tax advisor.
Class A Trust Units have a 30-month term from the date of issuance. At maturity, unitholders may elect to redeem at NAV or reinvest for a further 30-month cycle — allowing continuous participation for up to 60 months.
The minimum subscription is $20,000 (20,000 Class A Trust Units at $1.00 per unit). The offering is open to accredited investors only, distributed through registered Exempt Market Dealers.
Vervey's GSA and guarantee structure provides a legal basis for enforcement against the borrower's assets. As a junior secured lender, recovery is subject to satisfaction of senior obligations first. Conservative underwriting provides a buffer between the loan amount and a potential loss scenario.
No. Class A Trust Units are illiquid investments. Redemption rights are subject to limitations defined in the Trust Deed. Investors should only allocate capital they can commit for the full investment term.
Not a commitment. A conversation. Three clear paths from here — all available to accredited investors, through a registered Exempt Market Dealer.
Flag yourself as a qualified investor. No commitment. We'll send the Confidential Term Sheet and add you to the next EMD-reviewed closing sequence.
Register →A focused 20-minute conversation about portfolio fit — registered account structure, income allocation, and whether the 30-month horizon works for your plan.
Book a call →The formal Confidential Term Sheet, available to qualified accredited investors through your registered EMD. Review the full structure, security, and governance.
Request access →Take 30 seconds to join the qualified investor list. No commitment — just a place in the next EMD-reviewed sequence.
A member of the Vervey team, or a registered Exempt Market Dealer, will be in touch to confirm eligibility and share the Confidential Term Sheet.