TSX Symbol FC.UN
TORONTO, Jan. 20 /CNW/ - 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:
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Record Date Payable
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January 31, 2009 February 16, 2009
February 28, 2009 March 16, 2009
March 31, 2009 April 15, 2009
April 30, 2009 May 15, 2009
May 31, 2009 June 15, 2009
June 30, 2009 July 15, 2009
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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
For further information: Eli Dadouch, President & Chief Executive Officer, (416) 635-0221, www.firmcapital.com
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