As founder of CMCC, Atrium MIC’s managing organization, Robert Goodall rarely deals with Realtors, but he has overseen the financing behind billions of dollars in developments. Between 1996 and 2011, CMCC arranged financing on over $6bn of real estate in Ontario alone. Goodall is also the trustee of two sizeable REITs, Dream Office REIT and Dream Industrial REIT.
Atrium has grown to become one of the top five MICs in Canada, with a reputation of servicing not only large-scale developments and real estate investors but also individuals, including new arrivals to Canada who have yet to establish a credit rating.
“Atrium does not compete by providing a larger loan amount,” Goodall says. “It tends to lend to select groups that have more difficulty getting that type of financing from the banks.”